Can my wife operate my current account when I am overseas?

Yes, provided you issue a mandate 1 to your bank and your bank approves.

In some instances, only short term appointments are allowed, e.g., for six (6) months or less.

The mandate must clearly specify:

• Identity of the mandatee


• Reason(s) and condition(s) of the mandate


• Effective period

References

1. Mandate - A written instruction, normally in the bank's standard form, naming a person (the mandatee) who is authorised to sign and operate the current account.

Reprinted with permission from BankingInfo (A Consumer Education Programme by Bank Negara Malaysia)

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