QUOTE(MilesAndMore @ Oct 15 2013, 11:26 PM)
Born rich
Man... Citibank really does like you and your family members very much!
there are 24 automated machines in HSBC Mongkok HQ on the lower ground level (10x ATM, 8x CDM and 6x ChequeDM)
Another proof that you know me well
You can actually disable the VISA purchase function through Maybank ATM. Mine for instance, has been disabled since i got mine from Day 1
This way it'll be just like a normal ATM card. Even after you have disabled the VISA purchase function, all you need to make sure is that you have activated your card for overseas ATM usage over any Maybank ATM and you will be able to use the card to withdraw cash at overseas ATM.
MBB issues both VISA debit card and debit MasterCard.
hahaha, next time I use the "born rich" thingy when people ask me source of my fund.
24 ATM!!! I also will be blur, hahaha
Not only Citi likes me, all the banks I go the people (tellers and officers) are good to me because I nice guy and I bodek (nice hair, nice nails, leng chai, etc) them, hahaha. My Citi Personal Banker better still, he go get coffee from CitiGold hall for me and we smoke together, hahaha
You my sifu sure lah I know you well.
And as for the MBB ATM can disable the Visa function, see, I learned another thing from you
QUOTE(fruitie @ Oct 18 2013, 05:03 PM)
Gen-X and
MilesAndMore, I just came back from ICBC KL... Struck with series of unfortunate events again.
The chronicles:
1) I called their CS (half an hour) before went over to their KL branch and was told to open a basic savings account only needs RM 20.
2) I reached there, the bank officers told me I will need RM 500 to open one.
RM 20 is super basic that cannot be used in overseas. Quickly went over to Affin Bank ATM to withdraw money.
3) Managed to open ICBC account and I asked about the transactions fees if I withdraw using their ATMs in China. It costs a whopping
RMB 25 per transaction!
4) Gulps. Still I will need one local bank account, I have no choice but to accept. Asked about GIRO from Maybank2U, can perform but to MYR bank account. Then, I will need to login to ICBC Online to convert MYR to RMB and put into my ICBC RMB account.
5) The RM 500 I used to open account just now was converted to RMB already but only RM 490 as RM 10 is the minimum I need to retain in MYR account. Luckily today's rate is not too bad...
6) They gave me a manual how to register online personal banking account together with USB cable and TAC token. Apparently, I will need to install some certificates in my computers.
7) So now, I have the debit card and passbook.
8) Came back to office and asked my finance team, they said company will compensate the RMB 25 back to me. I just need to inform my boss about this and I can get back all the service charges that I will be charged... Still not too bad, luckily.
Then, I looked at my watch, still early... I decided to just walk-in to Menara Citibank to check out their savings account. I didn't bring any documents except for my I.C.
However, the officer said their system is down today and I will need to bring other documents (payslip and employment confirmation letter) in next week. She confirmed I'll only need RM 20 to open one and can get immediately.
OK, part 2 next week.
Thank you for reporting, I shall keep track of your progress and if you don't mind, I shall narrate your "story" of hunting for a card to withdraw cash in China in my blog, I am sure I can come out with a freaking long article to benefit others, hahaha
What company you working for that they so kind to reimburse you RMB25, I need a job and your company sounds like the place to be, haha
Actually, most cards have fees. If the card does not have fees, it means there are other "hidden" charges like overseas conversion admin fee like credit cards. Like I mentioned earlier, when I withdraw cash with my UOB debit card in US, the conversion rate was spot rate but they charge me RM12 per withdrawal. As for Citibank, suppose not to have fee when I withdraw at their ATMs but I was charged RM10 in Melbourne and not only that, in my article
Melbourne Victoria Australia, I showed you that the conversion rate using my Citibank Debit Card at Citibank ATM was higher than using Global Transfer (i.e. from my Citi Malaysia Savings Acct to Citi Australia Bank Acct).
QUOTE(fruitie @ Oct 18 2013, 08:43 PM)
Gen-X how to know if the debit card can be used for cash withdrawal? Does it have anything that shows it can? Normal ATM cards have MEPS and etc. All I can see from this card has Debit Card wording and UnionPay logo. The officer said I can withdraw money and I signed a lot of documents, one of them did mention "Cirrus". Hmm. Now just checked back on my card no such logo.
Yes, as long as the ATM machine has Union Pay logo, you can go use your new Union Pay card to withdraw cash. Some outlets and Chinese restaurants in Malaysia also accept UnionPay where you can use your card.
Look behind your Visa Debit Card, if it has the PLUS logo then you can go to anywhere on earth to withdraw money from ATM with PLUS logo. For MasterCard Debit Card it is the Cirrus logo. Next time you walk past ATM machines, keep a look out for the UnionPay, PLUS and Cirrus logos.
Our credit cards also has the PLUS and Cirrus logo. I just check, my OCBC Titanium MasterCard and HLB Plat MasterCard no Cirrus logo, haha. But my CIMB WMC has it. All my Visa credit cards have the PLUS logo. But you and I know that it is not smart to go withdraw cash with our credit cards
But you better ask my sifu Miles, he expert in getting cash around the world.
This post has been edited by Gen-X: Oct 18 2013, 11:21 PM