Tag Archives: bank

From BHLB Trustee to CIMB Commerce Trustee

Sigh …. why must it be so complicated? Let me set the record straight, since I’m well aware of the history of Rockwills Corporation, having been associated with this estate planning business since 1996. Long ago, which was some 20 … Continue reading

Posted in Resume Writing, Rockwills & Estate planning, Rockwills & Inheritance | Tagged , , , , , , , , , , , , , , | 1 Comment

Financial Services Act 2013

This is the new Financial Services Act 2013 that I was talking about earlier which came into effect on 30 June 2013. It has implications for the finance industry in Malaysia as a whole as the new FSA2013 replaces several … Continue reading

Posted in General, Insurance, Money matters | Tagged , , , , , , , , , | Comments Off

Over the edge

I had just received a telephone call from one of the local banks’ call centres about 15 minutes ago. Even as I identified myself to them, I already knew that the caller was going to offer me one of two … Continue reading

Posted in Credit card, Money matters | Tagged , , , | 1 Comment

Credit card liability: ABM’s affirmation statement

In case anyone’s concerned whether the newspaper report on the limit of credit card liability in case of a fraudulent use can be believed, here is a press statement that appeared on the website of the Association of Banks in … Continue reading

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Credit card loss: what’s your liability?

I know that it is an old story but since I haven’t posted it on the blog yet, this is as good a time to do so! The issue is the loss of a credit card and the subsequent fraudulent … Continue reading

Posted in Credit card, Money matters | Tagged , , , | 1 Comment

SMS alerts for credit card usage

This is a positive development in improving the security of credit card usage in Malaysia but it’s still a lot away from implementation: Bank Negara Malaysia will implement SMS alerts for credit card transactions by Jan 1, 2012, in a … Continue reading

Posted in Credit card, Money matters | Tagged , , | 1 Comment

ATM bank fraud

Here is an interesting story from The Star regarding an ATM fraud. Can’t tell how widespread the problem is but judging from the story, it seems that several people have fallen victim to it. Such frauds are actually quite difficult … Continue reading

Posted in Money matters | Tagged , , | 1 Comment

Malaysia’s new credit card rules

Finally, I see some initiatives taken by Bank Negara Malaysia (BNM) to address credit card debt in Malaysia and rein in the commercial banks which have contributed much to cardholders’ financial misery! But personally, I feel that the steps are … Continue reading

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Phishing emails

Phishers – the people who steal your online username and password – are getting more ingenious. Continue reading

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Getting into financial debt, part 6

It’s been slightly more than two months since this little drama unfolded. It has also been a month since Chin Ho began on his debt restructuring programme. I hear that he has wholeheartedly embrace this programme. The better news is … Continue reading

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