Hi all,

I understand that priority banking customers are sometimes invited by the banks to events such as investment talks, dinners and even concerts.

What I want to ask is:

1. which bank hold such events often?

2. does anyone know of any bank that holds exclusive parties for its priority customers?

yeah you are right, did not realize it was the same guy with the hong kong citigold above asking again.

thanks Milesandmore ,thanks aeronic. ^^

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Added on August 3, 2010, 5:05 pmsigh== I just called their customer service , they said I wont be accorded as citigold in malaysia although I am citigold customer in Hong Kong....==!I tot citigold is recognised worldwide ??

This post has been edited by bzai28: Aug 3 2010, 05:06 PM

Hi,
Just would like to enquire if Standard Chartered Priority Banking need to apply although we already placed RM250k FD in the bank?
Never get any offer from them since already placed the FD few months.

You can wait for the invite to come which will take months. But better if you just ask right away.

Tqvm hye for the great info
I think same thing goes to HSBC Premier as well right?

Yes same thing. In fact there are a lot of customers in these banks where they meet the PB deposit requirements but they are not PB customers. Often, it is the customer choice.

Standard Chartered Singapore launching Preferred Banking(info provided by MilesAndMore), which requirements much lower than their Priority Banking.
Anyone have idea when it will launch at Malaysia?

This post has been edited by JJBerry: Aug 15 2010, 03:07 PM

**Post copied from the credit card thread.

Anyway, referring to your question. From what i understand is that you must maintain a separate S$200,000 and S$50,000 if you choose choose to have both the Priority Banking account and Preferred Banking account. In a nutshell, your total relationship balance with Standard Chartered Singapore must be S$250,000.

As for when they will launch Preferred Banking in Malaysia, soon i guess. I'd expect the next city that will get this new packaged account is Hong Kong and Taiwan and follow by the rest of the countries when Standard Chartered is presence in the retail banking segment.

In Maybank, we have priority banking as well as private banking.
For priority banking, the requirement is only RM50k - rm250k deposits, anything more and you will qualify for private banking.
I'm not sure if you all are familiar with maybank priority banking

Standard Chartered Preferred Banking will be launch on soon, somewhere around 23 August to early september, the minimum requirement are RM 72k p.a. minimum salary or place a FD of 72k or combination of investment,FD and CA,SA with SCB MAlaysia then we will entitled with the Preferred Banking status. We will rewards with WORLD MASTERCARD as that shown our priviligle

Hey i want to ask about western union. Will be using it for the first time. Different bank different rate right? Which bank would is recommended? RHB, Bank simpanan nasional or CIMB? Let's say will be sending around 500USB. Normally how much is the fee?

Thanks

Where you get this info?
RM72k income p.a. can apply for a World Mastercard? The requirement are really low and ridiculous for such premium range credit card.

I'd really like to know more about Maybank Priority Banking and Maybank Private Banking. Please elaborate more as to what are the privileges like for both of these 2 banking packages. There simply is too little information on Maybank Private Banking on M2U. As for Maybank Priority Banking, i do not think there is even such information on M2U regarding this banking package at all.


Do you know if one can get the Standard Chartered Preferred Banking World MasterCard without the need to submit a proof of income when applying for it just like the Standard Chartered Priority Banking VISA Infinite ? I believe this card is a complimentary card in Singapore but how Malaysia ?


Wrong thread bro !

Standard Chartered Preferred Banking has finally arrived on our shore. Click HERE to find out more.

I have some transitional (temporary) money in my CIMB account, then suddenly they send me a CIMB preferred card, and automatically (forcefully) enrolled me. Now if I want to take out the money from the account, will they give me a penalty or they will automatically remove my status?

If these temporary money keeps going in and out, are they going to keep giving me the preferred banking and then retract it each time? Hmm weird system...

It would be better if they give us a choice to choose.... Anyway tried CIMB preferred banking, got coffee and tea to drink, comfy chairs, 1 to 1 banking, but still same as CIMB, slow as hell. Withdraw FD also need to take 1/2 hour... haiz something never change.

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Added on August 23, 2010, 9:04 amSo cheap meh? 72k of investment can get priority status and world card, they have really dropped their status. Used to be 200k.

This post has been edited by gark: Aug 23 2010, 09:10 AM

if your account balance is below their limit threshold for preferred customer then they can charge you a fee. Btw you can always use internet banking to place and withdraw FD. Done in seconds and do not have to go to the bank.

That is the problem, they automatically give me the preferred status, now I want to take out they charge me fee.. haiz... maybe need to call them to cancel the status. Later when the money is in again, they will give me the preferred status again.. very troublesome lah.

The FD is placed in 2003, before CIMB clicks is popular. Have to give them the original certificate as well.....

This post has been edited by gark: Aug 23 2010, 11:02 AM

CIMB Preferred doesn't interest me one bit. Compared to the major foreign players, the products offered are rather dull. Besides, they still charge you annual fee for their ATM card but not any of the foreign banks such as HSBC, Citibank and Standard Chartered. Even ATM replacement card is free too


Standard Chartered Preferred Banking is a new packaged account. The Standard Chartered T&C for their Priority Banking is still the same. Below is the minimum deposits for each banking packages offered by Standard Chartered.
- SCB Preferred Banking > RM72,000
- SCB Priority Banking > RM250,000
You see ? The status has not dropped.

CIMB Bank Preferred Banking minimum deposit to qualify is RM150,000.

If we already a StandChart Priority Banking client, we need to invest/deposit another RM72k to qualify for the Preferred Banking?
How about for example we have RM400k invest/deposit with them, we still need to invest/deposit RM72k again?
Or maybe only either one status(Priority or Preferred) can be obtain by a single customer?