Need some advise here. I'm currently considering between 2 bank's offer:
1. Citibank -- BLR -2.3 %, setup fee of RM200, and no monthly maintenance, full flexi without charge for withdrawal of any amount
2. HL Bank -- BLR -2.3 % setup fee of RM200, monthly maintenance of RM10, full flexi without charge for withdrawal of any amount

The issue is also that I've appointed my lawyer for the S&P agreement and he'll only be able to process the loan agreement with HL Bank. On the other hand Citibank strictly only allows that the loan agreement processing to be done by their panel of 8 law firms (of which my S&P lawyer is not one of them). Assuming I would to take Citibank's offer and having a separate lawyer for the loan agreement process, would this actually affect the timing of the bank draw down of the loan.

I'm also in situation whereby the seller has not registered for their strata title with the land office, so I'm doing a simultaneous transfer of these MOT. As the seller submit their request, I would also submit mine at the same land office. Thus, my S&P lawyer told me that by right, the loan agreement lawyer would have to prepare a letter of undertaking that would be submitted to the bank to state that the MOT is being done so that the bank could draw-down the loan based on that charge. Can anyone advise me if in this case, should I have just 1 lawyer doing the loan agreement documentation as well. Thanks in advance.

Thanks homesave for the explanation. I'll have to check with the bank regarding their requirements for the loan draw-down as per my case. It is now just a bit complicated considering that the strata title is out and the seller has not registered the strata under his name with the land office. Fingers crossed, hopefully this simultaneous transfer could work out well within the 3 months as I've already signed the S&P Agreement. Appreciate your advise and help homesave.