bank::Maybank KHM #ATM

  • 👎I find the compliance very strict, and also lots of small fees …
  • 🙂 chat is 27/4 including holidays
  • BKK1 branch Sok Ly’s  Contact +855 23 210 448. Namy is nice +855 77777 457 on Whatsapp.
  • Acct 15-digit
  • Passport: E3980003K as of Feb 2025
  • Mobile number used: 81120014. To update it, need to visit branch. Otherwise, can try sending email. Better keep it until I give up on U.S.
  • webank password update requires passport, acct details and smsOtp!
  • Account was opened 26 Dec 2016.

USD TD pre-mature uplift: zero interest, but “You will not lose any principal here in maybank Cambodia, Mr. Tan.”

— TT transfer to any bank for $17 if under $4k.
👎 Receiving wire transfer from overseas has a 0.10% charge. I was changed USD 85 on 5 Aug 2021 (boy turning teenager) ! I think other banks may have similar charges but why my recipients never tell me?
* perhaps those recipients are preferential banking clients
* perhaps those recipients don’t have a valid reason to transfer this cost to investors.  It could be a small cost of doing business just like courier cost.

— online banking:
SMS 81120014/90013516 needed only for fund transfer and password change (also initial registration). Token not applicable.
— withdrawal:
I felt there’s no need to do outgoing TT, because we can always withdraw USD and carry (like 20k) through airport custom.
— overseas debit card usage:

  • wrong PIN 3 times -> locked -> I was able to chat/call the 24/7 hotline to unlock it.
  • overseas Maybank (only) ATM usage is free, but such usage is enabled for 12M only. Chat/call to enable again.
  • 👎 If misplaced, then must fly in to replace.

— charges and fees

  • 👎debit card has $8/year fee. Can’t cancel by phone. Can’t waive.
  • 👎dormant account has additional $10/year

— 🙁 Dormant: 6M inactivity makes the account dormant i.e. blocked and unusable. (Maybank staff is supposed to call me but I’m not so confident.) Not possible to reactivate the account remotely, so I must fly in again. When I’m out of Cambodia, there are 4 ways to prevent the account becoming blocked i.e. dormant:

  1. use debit card to make a quarterly withdrawal
  2. online fund transfer to a friend’s account
  3. last resort — TT inward transfer into the account.