CIMB Reforms With The Creation Of The First Digital Islamic Savings Account - Kakiforex.com - Financial Market Media No. 1 in the World CIMB Reforms With The Creation Of The First Digital Islamic Savings Account CIMB Reforms With The Creation Of The First Digital Islamic Savings Account
InstaForex

August 2, 2021

CIMB Reforms With The Creation Of The First Digital Islamic Savings Account

 CIMB OctoSavers Savings Account-I is the first digital Islamic savings account launched by CIMB Bank Bhd and CIMB Islamic Bank Bhd as well as with the new CIMB OctoDebit MasterCard.


Referring to the statement issued, OctoSavers Account-I is provided to facilitate new customers for account opening and participation process done online and then a debit card will be sent to the customer.


In addition, by taking advantage of the Electronic Know Your Customer (e-KYC) guidelines, the online account opening procedure can be fully performed.


At the same time, Bank Negara Malaysia and CIMB are able to meet the need to conduct business with customers through electronic means, including online and mobile channels.



Extensive digital implementation can indirectly help in protecting customers during a pandemic where they no longer have to visit branches to implement.


New customers who are Malaysian citizens aged 18 and above can apply for OctoSavers Account-I through the CIMB Apply application.


The customer verification process via e-KYC will be implemented through the application.


For CIMB customers who previously had a savings or current account with an address in Malaysia can apply for the opening of an OctoSavers Account-I through the official CIMB Clicks website.