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 Priority Banking, Everything about Priority Banking

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muddie
post Dec 29 2010, 09:31 AM

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From: Petaling Jaya
QUOTE(MilesAndMore @ Dec 27 2010, 08:03 PM)
Yet another 3 major foreign banks confirmed to join the MEPS ATM Network. House ATM Network would officially become obsolete next year. This will give everyone more choices to make their credit card payments.

Basically, this means all the 5 major foreign banks (HSBC, OCBC, Standard Chartered, UOB & Citibank) will be on the MEPS ATM Network next year. Hopefully Standard Chartered Priority Banking customers won't have to pay a fee when withdrawing money from the MEPS ATM Network. This will definitely make Standard Chartered Priority Banking very attractive !

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Yup, good news to us. Plus Standard Chartered's Priority Banking has lower the income requirement to RM16k per month only. If interested, do not hesitate to contact me.
muddie
post Dec 30 2010, 10:23 AM

Getting Started
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Junior Member
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Joined: Jun 2008
From: Petaling Jaya
QUOTE(MilesAndMore @ Dec 29 2010, 10:46 AM)
Oh, is it ? I did not know we can join Standard Chartered Priority Banking with our salary slip. Does that mean we do not have to maintain RM250k all the time avoid paying the RM100 below balance penalty ?

By the way, i understand that Standard Chartered Priority Banking customers can withdraw money for free at the House ATM network (HSBC, UOB & OCBC). Any idea if Standard Chartered will allow its Priority Banking customers to use the MEPS ATM for free too ?
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Under Employee Banking Program yes can join through salary slip, RM16k per month. For a 1 year trial period then they have to maintain 250k or take residential loan up to RM800k.

Another 2 options is deposit RM250k and maintain or residential loan amounting to RM800k

As far as I am informed, SC Priority Banking customers still have to pay RM1 fee to withdraw from House Networks, only free within SC. For Meps I'm not sure about the charges yet, but I will let you know when I got news k?
muddie
post Jun 15 2011, 10:49 AM

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Junior Member
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From: Petaling Jaya
QUOTE(zenquix @ Jun 14 2011, 01:17 PM)
Not 16K la
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Bro, its RM16k confirm. On the website is for GMM customers, I'm under Employee Banking.
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