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Bank closing of Personal Banking Accounts (Why). What are the possible causes that lead to this action?

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asked on Mar 1, 2021 at 08:12
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This topic is discussed further with regards to the following Query :

asked on Jun 2, 2020 at 00:07
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Gunamalini

akaun cimb dan bank rakyat saya telah tutup oleh pihak bank, bila saya tanya bank mereka bgtaw saya telah gunakan akaun saya untuk bisnes dan ada transaction keluar masuk banyak, i buka akaun saya semasa i study lepas tu saya gunakan akaun bank sama untuk online bisnes , so sekarang i tak boleh buka akaun bank di semua bank. i dah check ctos, blacklist , dah buat laporan polis semua tapi still saya tidak boleh buka akaun 
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answered on Jun 25, 2021 at 21:24
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edited Jun 25, 2021 at 21:25
by   Tanavaroot
Q :  You use Google or Firefox?
Was it easy to find Lawyerment?

This new thread started less than 48 hours and already reaching100 views which is less than remarkable.

It appears that there are many regular "morning digital news readers" on this forum, but it is not reaching the 100s of thousands victim debtors just with Ambank Vesting Order only.

The big Question is "WHY" ??

While there are many readers, there is little done by loyal readers to pass on the important posts information to the masses.

What have readers go to do to help others who needs critical information on their debts issues?

Very easy.. 

Just  "SHARE"  (one time) and "VOTE" every time you read a good post.



The more shared and votes, Google will capture it and accord priority whenever similar topics / contents appear. More readers will be able to find the topic that they are interested in.

So, do your part to share it to many others "in need".
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answered on Jun 25, 2021 at 23:36
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edited Jun 25, 2021 at 23:38
by   jeff005
MOHAMMAD HAFIQ

@ Mohd Ali

My personal suggestions as on How To Open a banking acct (Savings) for the purpose of monthly wages /salaries bank-ins.

Option 1
1. Get your employer to issue you a "Introducer" letter of recommendation stating that it is for the purpose for wages. It should be supported by a current EPF statement as proof of gainful employment.

Your grounds of opening a banking acct is by the fact that under Employment Act 1955, all wages must be paid into an employee's banking acct. Usually the acct to be opened should be the same bank that the company used to pay out workers' salaries.

Option 2
If (1) above doesn't work, then try to open a Joint Names Savings Account with your wife in another bank. (Note : your wife's name must be the first name and yours as the second name).

Option 3
As a last resort, request your wages to be paid by CASH. This is allowed by EA 1955 provided the employer agrees to it.

Option 4
Smaller companies may allow their employees to use the savings acct of their spouse or their children.

Caution : If you can open an account, please do not abuse the acct with other moneys bank-ins. Never lend your account to anybody including to relatives..!!
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answered on Jun 26, 2021 at 11:28
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@ Mohd Ali

Many thanks for the acknowledgement of having read my suggestions.

You really make my day bright and sunny as I received your email early in the morning. Very rare that people would make acknowledgement when I have given possible solutions sometimes leaving the whole thread post hanging in the air. Much appreciated. It is your type of Questioners that keep me alive in this lawyerment forum. At least I get notifications reply. The satisfaction is there when I can help someone "in need" of appropriate advises (non-legal). 



@ Mohd Ali.. May ALLAH Bless U and Ur Family all the time

Cheers..
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answered on Jun 30, 2021 at 12:47
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edited Jun 30, 2021 at 12:48
by   jeff005
Yaks.. another new case..

https://www.lawyerment.com/answers/questions/14015/cannot-open-all-bank-account#a52824

We are not the worms lurking inside one's stomach, we are outsiders, maybe parasites to this forum, do not know what have been eaten and then purged out. We reap what we sow.. !!
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answered on Jul 14, 2021 at 15:05
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edited Jul 14, 2021 at 16:02
by   jeff005
Update on Mohd Ali's case



Internal Criteria :

These are internal policy of individual banks.
Nobody can guess what it is. It can be also that they do not like your "face".
If the bank does not want to open an account to a customer (to sell its merchandizes), they cannot be be stopped or forced to.

At least this bank did not ask you to "check with BNM".
It is their polite manner of replying.
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answered on Aug 30, 2021 at 00:34
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Provide the following information:

 CIMB ACCOUNT
1.  When did happened (mm/yy)?
       12/2019
2.  The reasons given by the bank?
       - (they give me no reason, but i did tell them that i lend my            bank account to one of my friend)
3.  Have you gotten confirmation from BNM?
       No
4.  Which type of accts have been closed?
        Saving account
5.  Personal/Joint, Current, Investments, F/Ds?
        Personal
6.  Where you notified of the closing in writing?
        Email
7.  Is there any bankruptcy proceedings served?
       No
8.  Is your current address updated to the bank?
        Yes
11. What do you think why bank close your acct?
        Too much unknown transaction, due to it was being use               for bussiness. ( there are almost 10K in and out                           transaction between august and september)
12. Is your savings acct for salary bank-in?
         No (previously being use for PTPTN transaction)
13. Is moneys taken out from your acct?
         Yes
14. If YES, how much?
        Cant remember.

Provide the following information:

BSN
1.  When did happened (mm/yy)?
        07/2020
2.  The reasons given by the bank?
        NO REASON
3.  Have you gotten confirmation from BNM?
       NO
4.  Which type of accts have been closed?
       SAVING ACCOUNT
5.  Personal/Joint, Current, Investments, F/Ds?
       PERSONAL
6.  Where you notified of the closing in writing?
        EMAIL
7.  Is there any bankruptcy proceedings served?
        NO
8.  Is your current address updated to the bank?
         YES
11. What do you think why bank close your acct?
        I DID TOO MUCH TRANSACTION (noted that i have two               BSN saving account, the first account(got debit card) is             for my salary  and the second account ( no debit card) is           for my saving and to pay some of my expenses. I always           transfer my money between those 2 account only)
12. Is your savings acct for salary bank-in?
        Previously yes but now i am unemployed.
13. Is moneys taken out from your acct?
         Yes
14. If YES, how much?
       Not sure

(I have tried to open new bank account in several banks but rejected)
(I checked police report also clear)
(I called BNM  and they say my name listed in CDD (customer due diligence) system )

My question is : if i wanted to open a new current bank account is it possible? If no, what should i do?
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answered on Aug 30, 2021 at 12:09
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edited Aug 30, 2021 at 12:44
by   jeff005
What is  CDD (customer due diligence)?

When an individual has its own banking accts terminated and unable to open any acct in other banks, the bank would inform the blacklisted individual to :

1.  Check with Bank Negara (BNM).

2.  When check with BNM, they inform you to check with the bank involved.

This is the high level ping pong game between BNM and the Banks.

However, both is right on their version, one bank blacklisted you and in turn BNM blacklist you by the sharing of information in BNM Systems.

This is known currently as the CDD.

Back to the above Query :

Quote :  My question is : if i wanted to open a new current bank account is it possible? If no, what should i do?

Check with your friends this, which is easier to open:
1. Personal Savings Acct  OR 
2. Personal Current Acct?

If one has been blacklisted from opening personal accts then it is private and personal policy of the individual banks to reject.

If no, what should i do?

There has been suggestions on what next to do in options 1-4 as above.
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answered on Aug 30, 2021 at 12:40
by  
Personal comments on the above latest Query by @ Suzain.

There is no doubt that the first thing it crosses my mind that :

1.  There are elements of abuse

2.  There can be too many transactions (Credits and Debits) not probably specified which in turn, results in the suspicious fact that :

3.  this acct/s has been used and abused for business purposes (without paying personal taxes). Bank Savings Acct is for salary bank-ins nowadays as per requirement  under Employment Act. You can have multiple savings accts for just "savings" only but only use one for the purpose of withdrawals only for the purpose of daily or weekly living expenses. Transferring To and Fro with varying amounts only creates an aura of hiding "income" from the Tax Dept.
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answered on Sep 23, 2021 at 17:42
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edited Sep 23, 2021 at 17:43
by   jeff005
To the vassals of the surviving members of the Avengers Malaysia

Thank U ALL for promoting my name again

It only shows that my non-legal advises and solutions, offered free, in this forum is GOOD and USEFUL, that is why instead of disputing my posts, you all are resorting to s.cumbags tactics to chase me off this forum. It only shows the poor mentality of yourselves and the perverted mentality level of this shadow organization.

This attack on me again will only make me more resolved to expose more of the wrongdoings that has been taken place in this forum in the past. This attack is triggered off by the current exposure of false interpretation of self representing. It is because I have exposed the actual case situation of @aurora and @ayzek yesterday.

The wrong impression given by your group that self representing is as easy as abc, but have to rely on your group on "How To Fight the Banks". Look at all those bankruptcy cases that was not completed at the final stages after following on unreliable advises. There was no updates in those threads /posts. This speak loud volumes on what had happened to most of those who had come here to seek for help in this forum.

Thank you very much

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answered on Oct 27, 2021 at 23:41
by  
New Enquiry :

asked on Oct 27, 2021 at 23:12
by   
Feecha

Age : 22

The only possible reasons that i cannot open new acct bank might be because of Hongleong bank that issued me with abuse of usage acct, but honestly it was an honest mistake since i didn't know we cant do personal transaction because i love buying things online. Also, it kind of unfair where i got blacklisted by most banks, i can understand if  i get blacklisted by HLB only but why my name suddenly blacklisted by most banks already ?🥺 i need to open new bank acct or should i use my existing student acct where already in active state, or will it only cause same issue in future?
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