{"id":3128,"date":"2012-06-07T11:28:51","date_gmt":"2012-06-07T03:28:51","guid":{"rendered":"http:\/\/www.nbc.com.my\/blog\/?p=3128"},"modified":"2012-09-24T11:12:43","modified_gmt":"2012-09-24T03:12:43","slug":"can-a-new-company-open-a-bank-account-in-malaysia","status":"publish","type":"post","link":"https:\/\/www.nbc.com.my\/blog\/can-a-new-company-open-a-bank-account-in-malaysia\/","title":{"rendered":"Can a new company open bank account in Malaysia?"},"content":{"rendered":"<p><a href=\"https:\/\/www.nbc.com.my\/blog\/can-a-new-company-open-a-bank-account-in-malaysia\/\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-3129 alignleft\" title=\"maybank-branch\" src=\"https:\/\/www.nbc.com.my\/blog\/wp-content\/uploads\/2012\/06\/maybank-branch-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" \/><\/a>Many clients who came to our office have frequently raised this question: <span style=\"color: #ff0000;\"><strong>can I open bank account in Malaysia under new company?<\/strong><\/span><\/p>\n<p>Any company can open bank account with any bank in Malaysia subject to the respective banks\u2019 requirements &amp; policies. The directors are to liaise directly with the bank for application of opening bank account.\u00a0<!--more--><\/p>\n<p>Most Banks in Malaysia have recently tightened up the process of opening company\u2019s bank account. As refer to the recent development, a foreigner who would like to be the authorised signatory of the company bank account must possess valid business\/working visa\/permit, failing so he is not allowed to be the cheque signatory.<\/p>\n<p>However, some banks may consider to grant exemption based on case to case basis but we are unable to know their basis of doing so.<\/p>\n<h3><span style=\"color: #ff0000;\">VERY IMPORTANT NOTE:<\/span><\/h3>\n<p><strong>Kindly visit any banks \u00a0and clarify with the relevant bank officers for the application of opening company\u2019s bank account before registering your new company in Malaysia.<\/strong><\/p>\n<p>You may be caught in the situation of unable to open bank account under your new company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many clients who came to our office have frequently raised this question: can I open bank account in Malaysia under new company? Any company can open bank account with any bank in Malaysia subject to the respective banks\u2019 requirements &amp; policies. The directors are to liaise directly with the bank for application of opening bank [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":3129,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[49,165,11],"class_list":["post-3128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ssm-company-registration","tag-company-registration-malaysia","tag-nbc-highlight","tag-ssm"],"_links":{"self":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/3128"}],"collection":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/comments?post=3128"}],"version-history":[{"count":0,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/posts\/3128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/media\/3129"}],"wp:attachment":[{"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/media?parent=3128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/categories?post=3128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nbc.com.my\/blog\/wp-json\/wp\/v2\/tags?post=3128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}