CIMB unveils cross-border solutions
KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have introduced cross-border solutions for seamless and efficient cross-border banking for CIMB accounts in Malaysia and Singapore.
The bank said the solutions provided both CIMB conventional or Islamic accounts the convenience for transactions such as feewaived fund transfers, preferential foreign exchange rates for online transfers and bill payments.
CIMB group consumer banking chief executive officer Samir Gupta said the bank was continuously innovating to provide the best value proposition and convenience to its customers.
“The cross-border solutions between Malaysia and Singapore is a testament to this commitment, and is only the beginning, as we leverage on our strong Asean network to provide similar convenience for our franchises in Indonesia, Thailand and Cambodia, with the expectation of making banking within Asean as seamless as possible for our valued customers,” he said in a statement yesterday.
Among the benefits of the solutions currently available in Malaysia and Singapore include a single log-in to online platform CIMB Clicks, fee waivers for fund transfers between CIMB accounts using CIMB Clicks, guaranteed cash rebates and ease of payment for Malaysian billers.