QUOTE(hye @ May 19 2009, 09:20 PM)
Sure badly hit. Reputation is very important in the banking business.Priority Banking, Everything about Priority Banking
Priority Banking, Everything about Priority Banking
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May 19 2009, 09:25 PM
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May 20 2009, 07:03 AM
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May 20 2009, 11:13 AM
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But i think it's too early to say whose fault exactly it is. It could be Citibank that is trying to run away from responsibility or the Singaporean who filed the lawsuit is just like most investors, so greedy and when they lost money they blame someone else so they can recover their losses despite warnings from the bank
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May 20 2009, 01:48 PM
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3,395 posts Joined: Dec 2007 From: 서울, South Korea |
Still ... I have heard so many stories about Citibank RMs. Some would need to be requantified coz I heard them from competitive banks.
Possibly Citibank would take immediate damage control in the short run. On another news ... I found this as well. Malaysian Bank Ratings This post has been edited by hye: May 20 2009, 10:25 PM |
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Jun 14 2009, 01:33 AM
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QUOTE(mrcloud9 @ Nov 15 2007, 02:34 PM) List of banks and their priority banking services as well as minimum balance requirements: Can some with the authority to update some of the figures posted above ? It's been a while since it's posted and the minimum balance requirements for certain banks have since changed.1. Maybank Private Banking - RM 250k 2. RHB Infinity Banking - RM 200k 3. CIMB Club - RM 150k 4. Alliance Bank Privilege Banking - RM 200k 5. Bank Muamalat Prime Banking - RM 200k 6. Public Bank Red Carpet Banking - RM 250k 7. Hong Leong Priority banking - RM 200k 8. Citibank Citigold - RM 200k 9. HSBC Premier - RM 200k 10. OCBC Premier Banking - RM 300k 11. UOB Privilege Banking - RM 300k 12. Royal Bank Of Scotland Preferred Banking - RM 300k 13. Standard Chartered Priority Banking - RM 200k 14. KFH Priority Banking - RM 300k - Standard Chartered - RM250k **info provided by Tgeoklin - Royal Bank of Scotland (RBS) - RM200k By the way, can someone please confirm the the minimum balance required to be eligible for Public Bank Red Carpet Banking ? I heard one needs only RM100k of time deposit to qualify for it. I have also heard RM200k. Anyone can confirm ? Thanks in advance. |
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Sep 17 2009, 09:09 AM
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1,139 posts Joined: Nov 2008 |
Standard chartered now giving VISA Infinite for the priority banking customers.
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Sep 17 2009, 09:39 AM
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QUOTE(GHz @ Sep 17 2009, 09:09 AM) Standard chartered now giving VISA Infinite for the priority banking customers. Indeed. They have also relaunch their Priority Banking website. Check this out > Standard Chartered Priority Banking![]() @Hye Check out the promotion below. Not sure if it applies to existing VISA Infinite cardholder though. This post has been edited by MilesAndMore: Sep 17 2009, 09:44 AM |
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Sep 17 2009, 10:57 AM
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I think it look better without the Priority Banking wording?
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Sep 17 2009, 11:18 AM
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Sep 17 2009, 11:50 AM
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Sep 17 2009, 01:12 PM
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QUOTE(MilesAndMore @ May 17 2009, 12:29 AM) I believe Maybank Private Banking is by invitation only ? So they definitely will call you up to join their Private Banking when you meet their requirement to be a Private Banking customer. Anyway, i think they should change their name "Private Banking" as some people might confuse it with Private Bank. Private Bank is not a locally incorporated entity of a bank and caters only to ultra high net worth people. Such as those people with USD10 million of investable assets etc. The nearest Private Bank can be found are all in Singapore such as HSBC Private Bank, Citi Private Bank, Standard Chartered Private Bank and many more. We used to have Private Banks in Malaysia but not anymore. The last Private Bank in Malaysia, which is HSBC Private Bank pulled out of the Malaysian market in 2004 or 2005 citing the Malaysian government policies do not allow Private Bank to operate profitably here in Malaysia. http://www.cimbprivatebanking.com/index.php?tpt=pb Can go the FAQ in the above website for the qualification to become its customer. I guess it is the first full service private banking in Malaysia, started in year 2002 |
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Sep 17 2009, 01:33 PM
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QUOTE(Dozz @ Sep 17 2009, 11:50 AM) For priority customer, you will entitle free for 3 years. In all other countries the VISA Infinite is free for life as long as you maintain your Standard Chartered Priority Banking status. You guys should check with your RM QUOTE(cheahcw2003 @ Sep 17 2009, 01:12 PM) I tot Private Bank and Private Banking is the same??? For example CIMB has its CIMB Preferred for those with deposits of >RM150K, or loan of >RM500K. They also have higher ranked products called CIMB Private Banking that targetting on high networth individual with balance of RM1-2million with them, here are the details of CIMB private banking Private Banking service and Private Bank are different. Maybank also has Private Banking service. Most well known Private Bank need you need have at least USD10 million of investable assets in order to qualify to Private Bank customer.http://www.cimbprivatebanking.com/index.php?tpt=pb Can go the FAQ in the above website for the qualification to become its customer. I guess it is the first full service private banking in Malaysia, started in year 2002 |
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Sep 17 2009, 01:46 PM
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QUOTE(MilesAndMore @ Sep 17 2009, 01:33 PM) In all other countries the VISA Infinite is free for life as long as you maintain your Standard Chartered Priority Banking status. You guys should check with your RM if that's the case, then no private bank in Malaysia. USD10Mil is a big amount. Private Banking service and Private Bank are different. Maybank also has Private Banking service. Most well known Private Bank need you need have at least USD10 million of investable assets in order to qualify to Private Bank customer. |
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Sep 18 2009, 12:51 AM
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Sep 18 2009, 07:18 AM
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Sep 18 2009, 01:19 PM
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13,495 posts Joined: Dec 2006 From: KL, Malaysia |
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Sep 18 2009, 01:34 PM
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QUOTE(tinkerbel @ Sep 18 2009, 01:19 PM) By the way, i just found out HSBC Premier ATM card can only withdraw a maximum of RM5,000/day instead of RM10,000/day, unlike Citibank Citigold ATM/VISA debit and Standard Chartered Priority Banking ATM which can withdraw RM10,000/day |
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Sep 18 2009, 07:05 PM
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QUOTE(GHz @ Sep 18 2009, 07:18 AM) Hi, I am not applying for it. I just see it in the newspaper so I do not know what else they will give you. Are you interested to get one? as i know scb priority gave me master plat only but not the visa infinite and quite curious abt others got that too any extra features which not available for master? |
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Sep 18 2009, 07:28 PM
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7,496 posts Joined: Feb 2007 |
u all can throw away scb platinum and use the free visa infinite
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Sep 18 2009, 09:53 PM
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9,301 posts Joined: Mar 2008 |
QUOTE(princess_autumn87 @ Sep 18 2009, 07:05 PM) as i know scb priority gave me master plat only but not the visa infinite and quite curious abt others got that too Only VISA Infinite will be issued to all Standard Chartered Priority Banking customers from now onward. |
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