Lowyat.NET: Latest topics by s_kates81

Foreign Currency Account with minimal Charges?

s_kates81 — Mon, 04 Feb 2013 14:55:59 +0800

Hi Guys,
I've researched few banks on opening a foreign currency account and their charges. Maybank requires a minimum 1000 US$ deposit and per transaction 4$ charge. CIMB website is not conclusive whether they require a minimum deposit to maintain, but their per transcation charge is 2 $. Also checked Citibank, they seem to be the most expensive with 3000 US$ deposit and 10 US$ monthly charge if deposit less than 3000 US$. Anybody other better bank recommendations or views on this? Thanks

Which bank has best online banking services?

s_kates81 — Sun, 03 Feb 2013 00:50:33 +0800

Just comparing. So far I have used online banking of HSBC and CIMB and I find CIMB online banking to be superior. It has more services and options offered for e.g, we are able to even open investments such as unit trusts etc. online, whereas hsbc can't. We can only open FD online by HSBC but can't uplift it.

Would love to hear opinions of other banks online banking.

Transferring funds among foreign currency accounts

s_kates81 — Mon, 28 Jan 2013 20:15:19 +0800

Hi Guys,
Is it possible for us to transfer funds among our foreign currency accounts held in different banks. For e.g. transfer from our HSBC USD account to Maybank USD Account and vice versa ? Anybody has any experience? Thanks.

Incoming wire transfer?

s_kates81 — Wed, 02 Jan 2013 20:43:16 +0800

Hi Guys
Just wanted to know your recommendation on bank which gives best possible exchange rate for medium- large incoming wire transfers in US$. I checked board rates at Maybank but they are pretty lousy comparing with xe.com .

Rentas transfer via online banking possible?

s_kates81 — Tue, 01 Jan 2013 22:55:18 +0800

Hi Guys
Just wanted to know whether its possible to do Rentas Interbank transfer online? If possible, can you tell which banks? Thanks

Best bank for Foreign Currency Account?

s_kates81 — Wed, 26 Dec 2012 14:35:11 +0800

Hi Guys,
Which bank has the best foreign currency accounts with good online banking and low transaction fees? Any specific recommendations?