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17 January 2019

CIMB guarantees ‘hottest’ foreign currency exchange rates for customers

‘Hottest’ rates guaranteed or difference to be reimbursed to customers

Kuala Lumpur: CIMB Bank Berhad (“CIMB Bank”) and CIMB Islamic Bank Berhad (“CIMB Islamic”) are upping the ante on their customer proposition by guaranteeing the ‘hottest’ rates for foreign remittance, and offering a reimbursement of up to RM100 per customer per day upon proof of a lower published rate from any other commercial bank[1]. The special offer, called CIMB Preferred Hot Rates is currently offered to CIMB Preferred customers when they remit RM20,000 and above across all foreign currencies at any CIMB branch or CIMB Preferred Call Centre.

Samir Gupta, CEO, Group Consumer Banking, CIMB Group, said, “As a leading ASEAN universal bank, CIMB remains committed to providing the best value propositions to our customers. Under our existing CIMB Preferred proposition, our affluent customers already enjoy a compelling suite of regional banking convenience and lifestyle privileges and we are excited to introduce this guaranteed rates for foreign currency exchange to them. Being the only bank in Malaysia to offer this unique benefit reflects CIMB’s effort to continuously enhance its offerings to provide the best value-for-money experience to our customers.” 

The CIMB Preferred proposition was recently expanded in September 2018 to include regional benefits ASEAN-wide, regardless of the customer’s domiciled account. Benefits under the proposition include seamless cross-border account opening in any country for an account in a different destination country, free fund transfers, lower forex rates and priority banking service at 120 CIMB Preferred Centres and 1,100 CIMB branches across ASEAN. Every CIMB Preferred customer also has a dedicated Relationship Manager for wealth solutions and financial advice.

For more information on CIMB Preferred Hot Rates and CIMB Preferred, log onto http://www.cimbpreferred.com.my or visit the nearest CIMB Bank or CIMB Islamic branch. Alternatively, customers can get in touch with their Relationship Manager or call the CIMB Preferred Call Centre at 1 300 885 300. CIMB Preferred Hot Rates is available until 31 March 2019.

1 Terms and conditions apply