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Maybank account frozen

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asked on Sep 3, 2012 at 22:49
by   Lianne
edited on Sep 19, 2016 at 09:21
 
I owe Maybank a small sum of money, approx RM5,000. I've been paying them time to time, usually RM500-RM1,000 in every 2-3 months and recently my employer wants to use Maybank account because it will be easier for them.

I called up Maybank to check if my account was frozen, they told me no I just have to bank in RM10 then I can use it again so I trusted them and did my 1st transaction at the bank and it worked so I thought it was alright but who knows after my employer banked in my pay only I realize Maybank has frozen my savings account, I can't withdraw money from the ATM, due to overdue Maybank Visa credit card payments. Is that even legal?

Seriously it doesn't make sense to me, credit card is credit card, saving account is savings account. I called them up wanting to settle this with the bank instead of the friendly "debt collectors" but Maybank just ignored me and hung up on my. You have no idea how angry I am with you, at least I'm paying up! By going through the lame calls from the friendly debt collectors who tried acting as lawyer, tried putting me in court and I'll go bankrupt! Please do some homework, how can a person who owns the bank RM5,000 be a bankrupt? Do you know how many years of interest you'll need to charge me before that actually happens?
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answered on Sep 4, 2012 at 17:19
by   vkpc
Maybank is the only bank doing this. ( freezing peoples savings account due to other debts )
Just stop using that bank.
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answered on Nov 2, 2012 at 02:43
by   specialist
edited Sep 19, 2016 at 09:26
 
There is a clause in most banks credit card application form which clearly states, if payments are not made to the credit card account they can suspend or freeze your savings, current or others accounts until the arrears are cleared.

The problem with most people is, when they apply for a loan or credit card all they care about is getting the approval and the money they don't even bother going through the terms & condition so this is what happens, Maybank is not the only banks that does this but the most common.
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answered on Dec 18, 2012 at 17:46
by   bazooka
edited Sep 19, 2016 at 09:29
 
I do face the same problems but with CIMB. Now I planned to open a savings account with another banks. Does anybody know if I can still open savings account though this case happens? Appreciate your help.
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answered on Jan 5, 2013 at 13:21
by   jj123
edited Sep 19, 2016 at 09:30
 
I do face the same problems but with Public Bank so I open Maybank saving account and it works..
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answered on Mar 18, 2014 at 03:30
by   hafilah
edited Sep 19, 2016 at 09:30
 
Want to know, if I have bad debts (blacklisted) with Maybank, is my savings account with other banks such as CIMB being frozen too?
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answered on Mar 19, 2014 at 16:42
by   sharza
edited Sep 19, 2016 at 09:32
 
I don't think they can freeze your account with other bank unless with the bank you have the 'hutang' or debt.

My tricks. I never take any loan from the bank my 'gaji masuk'. Maybank is popular choice by any company. So I never took any single loan from them to save me from this kind of issue. I only take loan from other bank.

I have similar issue last time. I owned southern bank then they merged with Bank Bumiputra Commerce (I never had loan) then become CIMB. During those period I have debt with Southern Bank. I switched to Maybank before they can harm my account. I noticed they 'potong' or deduct my money. My friend transferred to me RM200 and I'm only getting RM100 anyway I close my account there. Until today I don't have any issue.
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answered on Sep 1, 2016 at 01:15
by   A187
edited Sep 19, 2016 at 09:33
 
I am facing same issue but they suspended my account without notice. Is there any chance we could report to consumer rights or sue them in any way? I find the way they do business is unfair. Over bad debt of RM1,200 and they do this to their clients. 
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answered on Oct 11, 2016 at 19:43
by   CANG
Hi Is this allow by Bank Negara rules & regulation?
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answered on Nov 10, 2016 at 16:33
by   cCy Ngg
Maybank blocked my savings account due to non payment to credit card...I have checked with friends in banking industry and they said banks do have the right to do so...and Maybank is hiring debt collection agency to collect the debts from me...I told Maybank I rather deal with the bank directly but bank still refuse to deal with me and asked me to deal with the agency

Anyone has any solution or ideal other than letting them take all my money in the bank?
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answered on Nov 10, 2016 at 16:35
by   cCy Ngg
One option I found out is to go to AKPK and ask their help to do the debt restructuring for us..then only the bank will unblock our account
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