Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Priority Banking, Everything about Priority Banking

views
     
wodenus
post Jun 13 2008, 08:24 PM

Tree Octopus
********
All Stars
14,990 posts

Joined: Jan 2003
QUOTE(private banker @ Jun 13 2008, 04:50 PM)
Hello, everyone.

Found out this discussion group by chance and thought I can contribute my views/ thoughts on Privilege/Priority Banking, and clear up any misconception.

I have been in the Retail Banking Industry for the past 8 years and had been an RM for the last few years in a foreign bank which shall remain nameless (hint: they have less than 10 branches at present nationwide) Am still in the industry thus far.

I'll check on this group regularly and strive to answer any queries you may have. 

Cheers!
*
One thing I always wonder about is... why ? why priority banking ? If I had another 200K to spare, I'd get an apartment and rent it out.


This post has been edited by wodenus: Jun 13 2008, 08:40 PM
wodenus
post May 18 2009, 08:56 PM

Tree Octopus
********
All Stars
14,990 posts

Joined: Jan 2003
QUOTE(tinkerbel @ May 16 2009, 05:33 AM)
@MilesAndMore,
Aren't Account holder's name always printed on the cheque?
*
I thought they usually are. Just noticed the "Elite" tag. So now you're officially an Elitist smile.gif


Added on May 18, 2009, 11:54 pm
QUOTE(MilesAndMore @ May 17 2009, 08:26 PM)
You will have to ask one of the current HSBC Premier or Citibank Citigold customers to ask his/her relationship manager about this. What i do know is that you will get preferential rate for currency exchange.
Contrary to popular belief, not all billionaire have a swiss bank account. But most of them do have offshore accounts as it is safer, lower tax (or no tax at all). Very often they will be able to give you higher time deposit rate (compared to published rate) and it will be easier for them to move their money around as there isn't much restriction. Labuan offshore unit is a very popular one. In Asia the two most popular offshore banking system are Hong Kong and Singapore.

And NO. There is absolutely NO limit how much money one can deposit in a bank.
*
There's a limit to how much you can withdraw though.


This post has been edited by wodenus: May 18 2009, 11:54 PM
wodenus
post Dec 10 2016, 01:18 AM

Tree Octopus
********
All Stars
14,990 posts

Joined: Jan 2003
QUOTE(cklimm @ Aug 1 2016, 10:43 PM)
Apparently there's a new segment from UOB called "Wealth Banking"
150k to join, not sure if there is a lounge and coffee
http://www1.uob.com.my/wealthbanking/about.html
*
Bonus points for spotting the high-class typo smile.gif
wodenus
post Dec 15 2016, 06:25 PM

Tree Octopus
********
All Stars
14,990 posts

Joined: Jan 2003
QUOTE(bbgoat @ Dec 15 2016, 06:12 PM)
Got one from BR. Nice planner/diary. Other banks not sure. Don't want to get more than I can use.  biggrin.gif
*
Surprised to see people still using paper planners and diaries in this day and age smile.gif
wodenus
post Jan 9 2017, 01:08 AM

Tree Octopus
********
All Stars
14,990 posts

Joined: Jan 2003
QUOTE(bbgoat @ Dec 15 2016, 04:34 PM)
But I envy those with 1 cert 1 mil.  drool.gif  drool.gif Never been able to do that.  devil.gif
*
Why? just imagine how much they are losing to inflation tongue.gif imagine 1mil disposable, and in FD, what a waste.
wodenus
post Jan 9 2017, 11:43 AM

Tree Octopus
********
All Stars
14,990 posts

Joined: Jan 2003
QUOTE(sandkoh @ Jan 9 2017, 11:24 AM)
bro, come here & talk about it when u have the same $ as mr lim.  laugh.gif your mentality still not up to par!  brows.gif
*
How would you know how much I have or don't have smile.gif
wodenus
post Jan 15 2017, 11:43 PM

Tree Octopus
********
All Stars
14,990 posts

Joined: Jan 2003
QUOTE(Leealex9876 @ Jan 13 2017, 10:40 AM)
If like that then HLB is a lousy bank

How is CIMB Preferred banking? Or Alliance Bank Privilege banking?
*
CIMB Preferred at our branch has a queue ticket machine smile.gif not sure what it's for though. I have also seen OCBC's priority banking, nice seats but the front door is always open lol.. and no sign of a coffee/tea machine anywhere.

 

Change to:
| Lo-Fi Version
0.0643sec    0.52    7 queries    GZIP Disabled
Time is now: 28th November 2025 - 03:05 AM