Business Services Industry

Foreign banks all set for online banking, INVESTOR DIGEST

Investor Digest (Malaysia), October, 2001

Investor Digest (Malaysia) 10-16-2001 COME JAN 1 2002, FOREIGN BANKS operating in Malaysian will be allowed to dish out their Internet banking services, which will bring to an end the 18-month lead time local banks have been given in this market segment. As an insight into what customers can expect, Hong Kong and Shanghai Banking Corporation Bank (HSBC) Malaysia Bhd recently added new features at its website.

According to Rohit Bhargava, the bank's general manager for personal banking, customers can now make account and credit card balance information enquiries, access statement information and download financial information to software packages like Microsoft Money and Quicken. Customers can also make stop-cheque instructions and deposit rate enquiries. ...

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