ok..i have registered an enterprise with my friend. now, how do i open a bank account? and which bank s the best? is maybank ok? and also what do i need?

need help fast...thanks...

go to the bank u desire.take a num.go to counter.tel the staff.i want to open a account for biz,with cheque book.the staff will ask u for company registration form,chop,ur IC,n ur frens(maybe) n so on.

bring ur company documentation... those ssm and dunno wat wat borang..

and a company chop (mayb not needed but prepare first)..
photostat i/c...

some banks might need some referral who using the same bank...

hmmz... the name of the bank account if not wrong is current account for business...

ok..thanks....about the refferal...what is that??

You need someone to recommend who has a business account in the same bank.

Try to find a bank near your place of business. You may often have to go there to bank in cheques and do other counter transactions.

Also check the bank fees and charges.

Open 2 bank accounts. One Maybank and another bank of your choice. Maybank is convenient for outstation clients to bank in cheques for you.

but remember make ur company chop first ya. because they need your company chop for document

go the the bank that u wanna open a bank account but if its a current account, make sure you have introducer ....

so if normal savings dont need an introducer is it?

yup, normal saving account don need an introducer but then you cant get have the cheque book... plus there's no saving account for company... is only join name account....

Try EON Bank's current account..

When you start a business, you need to open a company current account, not a saving account.
Your suppliers or clients normally prefer to issue cheques to your company not to your personal name.
At the same time, you can also open a joint saving account to transfer some funds from your current account to earn interest.

ok guys...thanks alot for the replies...going to the bank on monday...

any min deposit?

i think min 500-1k will do ....

mayb put 10k inside 1st..

If open business acc the introducer fr current acc can? Or need fr business acc oso? Tq

CIMB can but not sure other banks. I have CIMB current account so I kinda introduce myself to open a company account.

if you want to open biz acc at maybank, u need a referral who also has a current account

same goes with Maybank acc ... i have current account with them.. and they just let me open a company maybank account without referral

the company chop later can change ?

company stamp is a MUST

Company rubber stamp must consist of company full name & registration number.

Don't ever put address! If you put address, then you have to inform bank every time you shift office, that will be troublesome to go through all process for changing the official rubber stamp used for bank.

Nowaday, most people make it round, square, triangle shape, the old / traditional type will be as follows:


ABC TRADING & MARKETING SDN BHD.
(Company No.:123456-D)



.........................................................

Thanks for the tip!

I plan to open a Maybank account for under business (sole proprietary), how long does it take to approve?

My introducer is from another branch, does he need to be present or his signature on the form is good enough?

How much is the deposit payment?

Are all Maybank branches having the same policy when it comes to opening new business accounts?

I plan to open a Maybank account for under business (sole proprietary), how long does it take to approve?
I take bout 1 month last time to proceed. bank told me they need to wait for introducer document to be send from other branch. and proceed.

My introducer is from another branch, does he need to be present or his signature on the form is good enough?
Signature only.

How much is the deposit payment?
2k last time. not sure for now.

Some bank need REFERRAL.
Because they will provided to us the cheque book.
They don't want problem later because of cheaque "tendang".
No money in the account buy issue the cheaque.

Many Thanks for the tips!

If it takes around 1 month to poceed, does it mean the deposit (2K or any amount) will be kept by them for 1 month?
We can't use the money until they approved of our new account?


But it doesn't make sense as the Referral is not a Guarantor.

If the Referral's account got bounced cheques, that doesn't mean my business/company must have bounced cheques.

If my Referral is for example, YTL, Maxis, or the CM of the state, or my Uncle who runs a Multi Million company, etc....it does not have any relation to my business.

This post has been edited by elblink: Dec 11 2011, 11:48 AM

Hi, first deposit is Rm1000, is just for activate your account and you can withdraw the money anytime. Normally 3 working days can get approval.

Alliance Bank now at KL and selangor have 40+ branches, can I know where is your office or house?

Banking knowledge for example business loan, business platinum card or other related banking knowledge, we also will free consult to our customer.

My personal experience is that Maybank will not ask you to bank in the 2k until they approve your account. So no issues there.

Hi guys..

So once u open a current account for ur rob/roc, is there any recurring fees monthly or must have a min amount in the bank or min amount of transaction per month type of rules to abide to?

Thanx

Ha ha .. I like ur style of writing .. so clear a ..

LOL Thanks Bro.

I wonder what is the difference in opening an account if our referral is some VIP?

But in applying for loan, having the right guarantor will be a different case.

Are you opening an account also?

This post has been edited by elblink: Oct 5 2012, 04:14 AM

For may bank the deposit is rm2k . U can choose with or without referral, but with referral u can open a may bank Islamic account which gv u divident every month, they wil gv u the referal form u nd to nd to ur referral to sign and with company chop, this is when I opened my account early of this year .

Yes, i'm going to opening ana ccount also.
And I think Maybank a good choice coz I think majority customer got M2U & CIMB Click.
My customer say MayBank need like RM6K but I think should be RM1K tor RM2K Anyone can confirm about MayBank.
He opened Hong Leong company currect account for RM1K.

Maybank 2k, i just opened 2 month ago.

if you are using the eSSM, i think the partnername or something not in the document, unless you go and get it some where.

it is about 2-3 week time. where there need to use the SSM to check your company detail if genuine (or maybe because mine is using eSSM)

then they will call you back and give you an account to bank in the initial 2k. Then few days later you can go and collect cheque book.

Pls take note when apply cheque book, the "if need to printed the company name on the cheque book is not defaulted", you should tick this.

Apply a maybank2u account too for easier management.

Nice,
I found on a blog that with eSSM we only need to pay RM 100 for 5 years renew. Is't true. Have try to renew thru eSSm but so complicated (maybe cz I donno the rite way).

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Added on October 5, 2012, 10:09 amGonna opn a thread about eSSM

This post has been edited by fairuzhafeez: Oct 5 2012, 10:09 AM

It is easy when you know how to use it.

I register the account, then do a name search.
Next day get the result.
I paid the new company registration at 10 to 11 p.m, and i get my company certificate the next morning before 11 am.

I didn't go there to do physically because no time la. but other then the confusion, still impress with the speed.

Help me on this thread.
U can help us.

http://forum.lowyat.net/index.php?act=ST&f...0#entry55106483

Here is the ssm link for the discount for this year.

This is the RM 50 for 5 year... but only for this year.
http://www.ssm.com.my/sites/default/files/...ST%20150612.pdf

Thanx !

If go open company bank account for my partnership company...

Is it I must go together with my partner? Or I can just open the company alone just using my name will do?

Please advise.

Thanks

just bring along your company SSM certificate, chops and money. Of course, you and your partner also need to attend la. Maybank i will recommend cause you can find it everywhere easily...

partner must attend?

If just put under my name alone can not?

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Added on October 22, 2012, 9:18 pmmy company is partnership, if only put the business current acc under my name ok or not? my partner is too busy, no time to continue the business with me....so I got to manage myself....

This post has been edited by moonlove99: Oct 22 2012, 09:18 PM

Cannot cause your business registration is not alone only~~~~

I can make company stamp at any stationary shop, so long as I bring my company registration, correct?

min deposit current account depends to the bank..you need to check with them

Tux,anywhere and no you don't need to bring along the company registration. just write/type the company name and number and pass it to them...

juz 2 confirm, in order 2 open bank acc 4 company, we cn only open current acc only?saving acc can not ah?

if your name is not under the ssm, but you want to open current account for business can?

Need to bring company chop ah?

And what is the minimum amount need to deposit?

hi.

since you already have maybank current account, will u be my referral?

May be u can try other bank which do not need referral?

mind to propose any other than maybank?

purpose of having maybank is the convenient issue.

Standard Chartered Bank?

I asked CIMB last week.. No referal needed.. Just bring company chop

will try

thanks. will try this week.

if im nt wrong currently maybank oso no need referral now. U may cal to ask.

sure. noted. will visit the maybank branch after lunch.

i provide intoducer account service for maybank with really low fees.

my company is activive with maybank almost 4 years.

already being introduce to more than 30 company...


visit my site for futher detail...

Bump for today

Learnt a lot here. Thanks guys!

1) Is it possible to open any company bank account online ?

2) If I am the sole proprietor , I just need to bring SSM, company chop and money, right? Do I need to bring I/C to prove I am the owner of the company ?

3) Can I just open Savings account ? Don't really need current account as my biz will be cash-based.