Opening a Bank Account in Kuala Lumpur
Jun 15th 2019, 6:33 am
#271
Forum Regular
Joined: Mar 2018
Location: KL & Bangkok
Posts: 52
Re: Opening a Bank Account in Kuala Lumpur
In the case of Maybank I guess they are assuming you have a LTSVP on account of being married to a Malaysian, in which case she/he would be your joint account holder. In any case, I heard they have a 200K minimum for new foreigner accounts now.
CIMB - try a different branch and get a different answer. MM2H holders can definitely open an account - don't see why you should be treated any differently.
CIMB - try a different branch and get a different answer. MM2H holders can definitely open an account - don't see why you should be treated any differently.
Jun 15th 2019, 7:25 am
#272
BE Enthusiast
Joined: Aug 2015
Location: Penang
Posts: 959
Re: Opening a Bank Account in Kuala Lumpur
Opening a current account. I just went to Maybank and CIMB in KLCC. Neither can open a bank account on a Saturday.
Maybank: only Joint Account is possible for a LSVP Holder - never heard of that one!
CIMB: “Need a work permit”. I don’t work in Malaysia I work in Bangkok. “Need work permit”. I DON’T WORK IN MALAYSIA I WORK IN THAILAND!
”Come in Monday, we check with Head Office”.
Not very inspiring for a future banking relationship is it?
Maybank: only Joint Account is possible for a LSVP Holder - never heard of that one!
CIMB: “Need a work permit”. I don’t work in Malaysia I work in Bangkok. “Need work permit”. I DON’T WORK IN MALAYSIA I WORK IN THAILAND!
”Come in Monday, we check with Head Office”.
Not very inspiring for a future banking relationship is it?
Does a LSVP visa come combined with a work permit? Or does one need to apply separately to obtain a work permit (if you wanted to have one)?
Jun 15th 2019, 7:28 am
#273
Forum Regular
Joined: Mar 2018
Location: KL & Bangkok
Posts: 52
Re: Opening a Bank Account in Kuala Lumpur
On the contrary. LSVP forbids work although you can get that changed - apparently - if you have an offer of employment.
However that irrelevant as I work overseas.
However that irrelevant as I work overseas.
Jun 15th 2019, 7:34 am
#274
BE Enthusiast
Joined: Aug 2015
Location: Penang
Posts: 959
Re: Opening a Bank Account in Kuala Lumpur
Thanks for your explanation. I just saw your message in another thread in which you explain that LSVP does not come bundled with a work permit.
I was asking this question as the bank did not ask you whether you are working in Malaysia, but merely whether you have a work permit in Malaysia.
I was asking this question as the bank did not ask you whether you are working in Malaysia, but merely whether you have a work permit in Malaysia.
Jun 15th 2019, 8:25 am
#275
Forum Regular
Joined: Mar 2018
Location: KL & Bangkok
Posts: 52
Re: Opening a Bank Account in Kuala Lumpur
Thanks for your explanation. I just saw your message in another thread in which you explain that LSVP does not come bundled with a work permit.
I was asking this question as the bank did not ask you whether you are working in Malaysia, but merely whether you have a work permit in Malaysia.
I was asking this question as the bank did not ask you whether you are working in Malaysia, but merely whether you have a work permit in Malaysia.
To me that suggests either deafness, poor English- although my wife told him in Bahasa - or a low standard of geography! � ����� ����� ����
Jun 16th 2019, 4:05 am
#276
Forum Regular
Joined: May 2016
Location: Penang - Chiangmai
Posts: 90
Re: Opening a Bank Account in Kuala Lumpur
My guess your interaction was with the "B" weekend team at the bank. They didn't know, or... didn't want to admit they didn't know (face).
In the past I've taken the view that being over prepared with all paper work, instructions and extra copies is best. You might take extra time to be prepared, but it's better that having to walk away disappointed/pissed off because someone else didn't know the rules. Once you start raising your voice, and making big arm gesters, then you've already lost.
In the past I've taken the view that being over prepared with all paper work, instructions and extra copies is best. You might take extra time to be prepared, but it's better that having to walk away disappointed/pissed off because someone else didn't know the rules. Once you start raising your voice, and making big arm gesters, then you've already lost.
Jun 17th 2019, 4:47 am
#277
Forum Regular
Joined: Mar 2018
Location: KL & Bangkok
Posts: 52
Re: Opening a Bank Account in Kuala Lumpur
The latest in this saga is that my wife (Malay, so no cross cultural confusion there) phoned CIMB and was told that "a visa" is required to open a bank account - a LSVP will not do. In modern parlance... WTF??
Jun 18th 2019, 3:21 pm
#278
BE Enthusiast
Joined: Oct 2015
Posts: 464
Re: Opening a Bank Account in Kuala Lumpur
Try CIMB in Bukit Bintang, this is the branch that can handle foreigners best.
But at the end I would not be surprised if you can only have a joint account with your wife.
But at the end I would not be surprised if you can only have a joint account with your wife.
Jun 19th 2019, 4:55 am
#279
Forum Regular
Joined: Mar 2018
Location: KL & Bangkok
Posts: 52
Re: Opening a Bank Account in Kuala Lumpur
Thanks
Jun 24th 2019, 10:36 am
#280
Forum Regular
Joined: Dec 2018
Location: Kota Kinabalu, Sabah
Posts: 187
