Saturday, April 24, 2010

PNB and CIMB Bank launch online top up service for ASNB fixed-price unit trust funds

PNB and CIMB Bank launch online top up service for ASNB fixed-price unit trust funds
19 Apr 2010

Kuching, Sarawak: Permodalan Nasional Berhad (PNB) and CIMB Bank today launched CIMB Clicks Amanah Saham Nasional Berhad (ASNB) Funds Top Up Facility, an online facility that allows all registered ASNB investors who have a CIMB Clicks account to make additional investments in not just one, but five fixed-price unit trust funds managed by ASNB.

The launch was officiated by the Deputy Prime Minister, Tan Sri Muhyiddin Mohd. Yassin after the official opening of the 11th Minggu Saham Amanah Malaysia (MSAM) in Kuching, Sarawak.

Also present at the launch were Yang Berhormat Datuk Patinggi Tan Sri Dr. George Chan Hong Nam, Deputy Chief Minister of Sarawak on behalf of the Chief Minister of Sarawak, PNB Chairman, Tun Ahmad Sarji Abdul Hamid, its President and Group Chief Executive, Tan Sri Dato’ Sri Hamad Kama Piah Che Othman, Nik Johaan Nik Hashim, Head of Corporate Client Solutions (MNC and Government Relations), and CIMB Bank’s Regional Director for East Malaysia, Ali Adai.

The five funds available for top up via cimbclicks.com.my are Amanah Saham Bumiputera (ASB), Amanah Saham Malaysia (ASM), Amanah Saham Didik (ASD), Amanah Saham Wawasan 2020 (ASW2020), and Amanah Saham 1Malaysia (AS 1Malaysia), subject to the funds availability.

Tan Sri Dato’ Sri Hamad Kama Piah said that the new online service was in line with PNB’s ongoing effort to provide accessibility to all its account holders.

“When we first started in the 1980’s, we had initiated the computerisation of Pos Malaysia at our own cost so that all Malaysians would have easy access to their investment however remote their location. In this time and age of technology, we now move a level higher with online services such as this and achieve our goal of creating an investment savvy society by reducing the barriers to investments,” he said.

In the joint press release with PNB, CIMB Bank said that this new service underscores CIMB Bank’s dedication in providing convenience to its customers. As the ASNB funds are very well received by the public, including many of its customers, the bank feels that it can provide more value-added services to its customers by offering this hassle-free online investment top up facility. Customers are no longer restricted by locality and need not visit a bank branch in order to perform a simple transaction of topping up their investments in ASNB funds.

On top of that, this service is not limited to only the ASB fund but four other ASNB funds as well, therefore allowing the bank to reach a wider market of investors and serve all Malaysians.

To enjoy this newly launched online service, ASNB investors must be a registered CIMB Clicks customer and have active ASB, ASM, ASD, ASW2020 and AS1M membership numbers. Third party top up is accepted under this service, thus allowing family members or guardians to invest for their loved ones.

The minimum investment amount is RM1 and the maximum is subject to the investor’s purchase limit and funds available in the customer’s accounts. A service fee of RM1 will be charged for every transaction regardless of the amount.

Transactions can be done 24 hours, seven days a week. For transactions done between 12.01am to 5.00pm, validation will be done on the same day. However, for transactions between 5.01pm to midnight, it will be validated the next working day. However, unit holders may only update their passbook at all ASNB offices, CIMB Bank, RHB Bank, Maybank and Pos Malaysia branches nationwide the next working day after the validation is done. The date reflected in the passbook will be the validation date. All transactions performed on Saturdays, Sundays and Public Holidays will be processed on the next working day.

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...