QUOTE(MilesAndMore @ May 16 2009, 03:48 PM)
He/She was asking about company cheque right ? I have seen cheques that do not bear the company's name ... or it might be not a company cheque after all ... lol ... i'm not sure
The HSBC Premier and Citibank Citigold main selling point is their global presence. HSBC is charging you fee ? What fee ? HSBC won't charge you a single cent to transfer fund between your Malaysian HSBC account and overseas HSBC account. For example from HSBC Singapore to HSBC Malaysia.
I personally don't really like Maybank. I don't even have an account with them locally and do not plan to open one with them ever. Maybank is kind of slow ... but still 100 times better than CIMB Bank. CIMB Bank is the one really pisses me off
And Citibank will charge you RM80/month should your fund falls below the minimum requirement.
As far as i am concerned, HSBC will kick you out of their HSBC Premier banking should your fund falls below RM200,000 after several months and of course you will be charged RM150 for the months that your total funds inside HSBC is below RM200,000. You cannot be HSBC Premier customer simply because you are willing to pay the RM150 monthly fee. They require you to maintain at least RM200,000 with them at all times.
I think most people here who are HSBC Premier customers are not paying a cent to HSBC.
By the way, i thought you will need RM250,000 to be Maybank private banking customers ? That's RM50,000 more than HSBC required to qualify for HSBC Premier.
In response to your question, it was one time you needed 200k to open up HSBC premier, but I cant remember fully anymore it was a few years back I dealt with this. I do recall seeing this in the their terms and conditions though:
c } Premier Savings will attract a monthly service fee of RM150 (or such other
amount as allowed to be imposed by the Bank from time to time
I believe this is if you fall below the minimum amount your supposed to keep in the account or something like that.
I heard alot of horror stories with CIMB bank... but depending on the staff you get it really makes a huge difference.