{"id":989279,"date":"2025-11-18T11:58:58","date_gmt":"2025-11-18T11:58:58","guid":{"rendered":"https:\/\/cla.global\/italy-company-registration\/?page_id=989279"},"modified":"2026-01-07T11:11:10","modified_gmt":"2026-01-07T11:11:10","slug":"bank-account","status":"publish","type":"page","link":"https:\/\/cla.global\/malaysia-company-registration\/bank-account\/","title":{"rendered":"Bank account"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"989279\" class=\"elementor elementor-989279\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d0b809d e-flex e-con-boxed e-con e-parent\" data-id=\"d0b809d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-b424f11 e-con-full e-flex e-con e-child\" data-id=\"b424f11\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5d1b668 elementor-widget elementor-widget-html\" data-id=\"5d1b668\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t<style>\r\n\/* Sidebar Component Styles - Elementor Compatible *\/\r\n.uk-sidebar-component {\r\nmax-width: 100%;\r\nfont-family: inherit;\r\ncolor: inherit;\r\nline-height: inherit;\r\nposition: relative;\r\nz-index: 1;\r\n}\r\n.uk-sidebar-component * {\r\nbox-sizing: border-box;\r\n}\r\n\/* Sidebar Styles *\/\r\n.uk-sidebar {\r\nwidth: 280px;\r\nbackground: #f1f5f9;\r\nborder-right: 1px solid #e2e8f0;\r\npadding: 20px;\r\nborder-radius: 8px;\r\nheight: fit-content;\r\nflex-shrink: 0;\r\nposition: relative;\r\nz-index: 1;\r\n}\r\n.uk-sidebar h3 {\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%);\r\ncolor: #fff;\r\npadding: 12px;\r\nborder-radius: 6px;\r\nmargin: 0 0 15px 0;\r\ntext-align: center;\r\nfont-size: 16px;\r\nfont-weight: bold;\r\n}\r\n.uk-sidebar-menu {\r\nlist-style: none;\r\npadding: 0;\r\nmargin: 0;\r\n}\r\n.uk-menu-item {\r\nmargin: 8px 0;\r\nposition: relative;\r\n}\r\n.uk-menu-item > .uk-dropdown-toggle {\r\ntext-decoration: none !important;\r\ncolor: #1a4b5c !important;\r\nfont-size: 15px;\r\nfont-weight: 600;\r\ndisplay: flex !important;\r\nalign-items: center;\r\njustify-content: space-between;\r\npadding: 12px 15px;\r\nborder-radius: 6px;\r\nbackground: #fff;\r\nborder: 1px solid #e2e8f0;\r\ntransition: all 0.3s ease;\r\ncursor: pointer;\r\nposition: relative;\r\nz-index: auto;\r\nwidth: 100%;\r\n}\r\n.uk-menu-item > .uk-dropdown-toggle:hover,\r\n.uk-menu-item > .uk-dropdown-toggle:focus {\r\nbackground: rgba(26, 75, 92, 0.1) !important;\r\nborder-color: #1a4b5c !important;\r\ncolor: #1a4b5c !important;\r\ntext-decoration: none !important;\r\n}\r\n.uk-menu-item > .uk-dropdown-toggle::after {\r\ncontent: \"\u25bc\";\r\nfont-size: 12px;\r\ntransition: transform 0.3s ease;\r\npointer-events: none;\r\nmargin-left: auto;\r\n}\r\n.uk-menu-item.uk-active > .uk-dropdown-toggle::after {\r\ntransform: rotate(180deg);\r\n}\r\n.uk-submenu {\r\nlist-style: none;\r\npadding: 0;\r\nmargin: 0;\r\nmax-height: 0;\r\noverflow: hidden;\r\ntransition: all 0.3s ease;\r\nbackground: #fff;\r\nborder-radius: 0 0 6px 6px;\r\nborder: 1px solid #e2e8f0;\r\nborder-top: none;\r\nopacity: 0;\r\nposition: relative;\r\nz-index: auto;\r\n}\r\n.uk-menu-item.uk-active .uk-submenu {\r\nmax-height: 500px;\r\npadding: 10px 0;\r\nopacity: 1;\r\n}\r\n.uk-submenu li {\r\nmargin: 0;\r\n}\r\n.uk-submenu li a {\r\ntext-decoration: none !important;\r\ncolor: #475569 !important;\r\nfont-size: 14px;\r\ndisplay: block;\r\npadding: 8px 20px;\r\ntransition: all 0.3s ease;\r\ncursor: pointer;\r\nposition: relative;\r\nz-index: auto;\r\n}\r\n.uk-submenu li a:hover,\r\n.uk-submenu li a:focus {\r\nbackground: #f8fafc !important;\r\ncolor: #1a4b5c !important;\r\npadding-left: 25px;\r\ntext-decoration: none !important;\r\n}\r\n\/* Responsive Design *\/\r\n@media (max-width: 768px) {\r\n.uk-sidebar {\r\nwidth: 100%;\r\nmax-width: 350px;\r\n}\r\n}\r\n@media (max-width: 480px) {\r\n.uk-sidebar {\r\nwidth: 100%;\r\npadding: 15px;\r\n}\r\n.uk-sidebar h3 {\r\nfont-size: 14px;\r\npadding: 10px;\r\nmargin-bottom: 12px;\r\n}\r\n.uk-menu-item > .uk-dropdown-toggle {\r\nfont-size: 14px;\r\npadding: 10px 12px;\r\n}\r\n.uk-submenu li a {\r\nfont-size: 13px;\r\npadding: 6px 16px;\r\n}\r\n}\r\n<\/style>\r\n<\/head>\r\n<body>\r\n<div class=\"uk-sidebar-component\">\r\n<!-- Sidebar -->\r\n<aside class=\"uk-sidebar\" id=\"ukSidebar\" role=\"navigation\" aria-label=\"Malaysia Guide Navigation\">\r\n<h3>Malaysia Business Guide<\/h3>\r\n<ul class=\"uk-sidebar-menu\">\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-malaysia-summary\">Malaysia summary<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-malaysia-summary\">\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/\">Why start a business here?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/#disadv\">Problems with doing business here?<\/a><\/li>\r\n\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-malaysia-structuring\">Malaysia corporate structuring<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-malaysia-structuring\">\r\n<li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/\">Company set up strategy<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/business-entities\/\">Business entity types!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/resident-director-services\/\">Resident director services?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/15-steps-to-register-an-llc\/\">15 steps to register an LLC!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/llp\/\">Limited Liability Partnerships<\/a><\/li>\r\n\r\n\r\n<\/ul>\r\n<\/li>\r\n\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-fees-timelines\">Fees and timelines<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-fees-timelines\">\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/fees-and-timelines\/\">Engagement fees?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/fees-and-timelines\/#timelines\">Timelines?<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-cash-flow\">Cash flow considerations<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-cash-flow\">\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/bank-account\/\">Corporate banking solutions?<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/online-business-solutions\/\">E-commerce sales!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/services\/cash-flow-improvement-services\/\">Cash flow improvement services!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/services\/global-marketing-services\/\">Market penetration strategies?<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-legal-accounting\">Legal + accounting + tax<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-legal-accounting\">\r\n<li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/accounting-and-legal\/\">Accounting and tax considerations?<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<li class=\"uk-menu-item uk-has-dropdown\">\r\n<div class=\"uk-dropdown-toggle\" data-target=\"uk-support-services\">Business set up support services<\/div>\r\n<ul class=\"uk-submenu\" id=\"uk-support-services\">\r\n    <li><a href=\"https:\/\/cla.global\/malaysia-company-registration\/employment-act-in-malaysia\/\">Employment Act in Malaysia<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/recruitment\/\">Human resources services<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/services\/staff-recruitment\/\">Employee considerations!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/virtual-office\/\">Find office premises!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/trademark\/\">Trademark registration!<\/a><\/li>\r\n<li><a href=\"https:\/\/cla.global\/company-formation-professional-services\/registering-a-holding-company\/support-services\/\">Other support services!<\/a><\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<\/aside>\r\n<\/div>\r\n<script>\r\n\/\/ Elementor-compatible sidebar script\r\n(function() {\r\n'use strict';\r\nlet isInitialized = false;\r\nfunction initUKSidebar() {\r\nif (isInitialized) return;\r\nconsole.log('Malaysia Sidebar: Initializing for Elementor');\r\n\/\/ Use event delegation for better compatibility\r\ndocument.addEventListener('click', function(e) {\r\n\/\/ Only handle clicks within our sidebar component\r\nif (!e.target.closest('.uk-sidebar-component')) {\r\nreturn; \/\/ Let other clicks work normally\r\n}\r\n\/\/ Handle dropdown toggles ONLY\r\nif (e.target && e.target.classList.contains('uk-dropdown-toggle')) {\r\ne.preventDefault();\r\ne.stopPropagation();\r\nconsole.log('Dropdown toggle clicked');\r\nconst parentItem = e.target.closest('.uk-menu-item');\r\nif (!parentItem) return;\r\nconst allItems = document.querySelectorAll('.uk-sidebar-component .uk-menu-item.uk-has-dropdown');\r\n\/\/ Close other dropdowns\r\nallItems.forEach(function(item) {\r\nif (item !== parentItem && item.classList.contains('uk-active')) {\r\nitem.classList.remove('uk-active');\r\n}\r\n});\r\n\/\/ Toggle current dropdown\r\nparentItem.classList.toggle('uk-active');\r\nconsole.log('Dropdown toggled:', parentItem.classList.contains('uk-active'));\r\nreturn;\r\n}\r\n\/\/ Handle ONLY internal scroll links with uk-scroll-link class\r\nif (e.target && e.target.classList.contains('uk-scroll-link')) {\r\ne.preventDefault();\r\nconst targetId = e.target.getAttribute('href');\r\nconsole.log('Internal scroll link clicked:', targetId);\r\nif (targetId && targetId.startsWith('#')) {\r\nconst targetElement = document.querySelector(targetId);\r\nif (targetElement) {\r\ntargetElement.scrollIntoView({\r\nbehavior: 'smooth',\r\nblock: 'start'\r\n});\r\n}\r\n}\r\nreturn;\r\n}\r\n\/\/ For all other links (external links), let them work normally\r\n\/\/ Don't preventDefault() for regular anchor tags\r\n});\r\nisInitialized = true;\r\n}\r\n\/\/ Multiple initialization methods for Elementor compatibility\r\n\/\/ Method 1: Immediate if DOM is ready\r\nif (document.readyState === 'loading') {\r\ndocument.addEventListener('DOMContentLoaded', initUKSidebar);\r\n} else {\r\ninitUKSidebar();\r\n}\r\n\/\/ Method 2: Window load (for Elementor)\r\nwindow.addEventListener('load', function() {\r\nsetTimeout(initUKSidebar, 100);\r\n});\r\n\/\/ Method 3: Elementor frontend init (if available)\r\nif (window.elementorFrontend) {\r\nwindow.elementorFrontend.hooks.addAction('frontend\/element_ready\/global', initUKSidebar);\r\n}\r\n\/\/ Method 4: jQuery ready (if jQuery is available)\r\nif (typeof jQuery !== 'undefined') {\r\njQuery(document).ready(function() {\r\nsetTimeout(initUKSidebar, 50);\r\n});\r\n}\r\n\/\/ Method 5: MutationObserver for dynamic content\r\nif (typeof MutationObserver !== 'undefined') {\r\nconst observer = new MutationObserver(function(mutations) {\r\nmutations.forEach(function(mutation) {\r\nif (mutation.addedNodes.length > 0) {\r\nfor (let node of mutation.addedNodes) {\r\nif (node.nodeType === 1 && (node.classList.contains('uk-sidebar-component') || node.querySelector('.uk-sidebar-component'))) {\r\nsetTimeout(initUKSidebar, 100);\r\nbreak;\r\n}\r\n}\r\n}\r\n});\r\n});\r\nobserver.observe(document.body, {\r\nchildList: true,\r\nsubtree: true\r\n});\r\n}\r\n})();\r\n<\/script>\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dae0157 e-con-full e-flex e-con e-child\" data-id=\"dae0157\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-52aa3996 e-con-full e-flex e-con e-child\" data-id=\"52aa3996\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c245dd4 elementor-widget elementor-widget-heading\" data-id=\"c245dd4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Malaysia corporate bank account services<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-534015b4 elementor-widget elementor-widget-text-editor\" data-id=\"534015b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>CLA Consultants Group helps multi-national Clients open multi-currency corporate bank accounts in Malaysia for both local and overseas companies.<\/p><p>Without bank signatory travel, our Asian team will project manage the multi-currency corporate bank account opening process.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-043f27b elementor-widget elementor-widget-heading\" data-id=\"043f27b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Malaysia corporate banking problems and solutions<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9f62b8e elementor-widget elementor-widget-text-editor\" data-id=\"9f62b8e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\n<table id=\"tablepress-17\" class=\"tablepress tablepress-id-17\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Malaysia banking problem<\/th><th class=\"column-2\">Malaysia banking problem<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Bank refuses to onboard a foreign company which does not have a physical office in Malaysia, or Malaysian customers or suppliers<\/td><td class=\"column-2\">CLA Consultants Group will open an international corporate bank account with a top tier bank outside Malaysia (e g New York, Germany, Liechtenstein, Austria, Bulgaria, South Africa, Australia, London, South America or Dubai).<br \/>\n<br \/>\nCLA Consultants Group has a guaranteed corporate bank account approval policy.<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Bank insists that the bank signatory travel to Malaysia for a one-hour bank interview.<\/td><td class=\"column-2\">CLA Consultants Group Client travel policy will apply (click link). Our staff will organise the bank meeting in our Malaysia office and assist our Client during the bank interview(s).<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Global banks continue to tighten corporate bank account opening procedures, their internal compliance departments completing more thorough due diligence of Clients. Consequently, our Clients should expect Malaysia bank account approval to take up to three months.<\/td><td class=\"column-2\">If our Client requires a bank account at short notice, we recommend an immediate Malaysia solution (Malaysia company plus already-approved international corporate bank account).<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Like the majority of international banks, it is common for Malaysian banks to close corporate bank accounts without giving an open, transparent reason to their customers. To close a customer bank account without giving the bank signatory an opportunity to explain \u2018unusual transactions activity in the corporate bank account\u2019 is an unfair, unreasonable action which places our multi-national Clients&#8217; businesses under stress<\/td><td class=\"column-2\">We recommend our multi-national Clients open multiple multi-currency corporate bank accounts for their entity. It is unwise to open one corporate bank account and have your business be dependent on one bank.<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">As we advance deeper into a global depression, it will become more common for banks to experience financial difficulties. Consequently, multi-national Clients should expect i) small banks to go bankrupt and ii) small to medium-sized banks to be bought over by top tier banks. The number of banks operating in each country will get smaller, exposing our multi-national Clients to financial risk.<\/td><td class=\"column-2\">For each of their entities, we recommend our multi-national Clients open multiple multi-currency corporate bank accounts across multiple countries. Spread your funds across multiple corporate bank accounts in multiple top-tier banks in multiple different countries. Avoid small banks including PSPs FSPs and digital banks. Ensure each bank offers customer deposit insurance.<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">The majority of Malaysian banks only provide telephone support during Malaysia business hours. This is inconvenient for multi-national Clients in Europe or the USA.<\/td><td class=\"column-2\">CLA Consultants Group staff assist our multi-national Clients with bank communication, regardless of time zones.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-17 from cache -->\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-58ad5f3 elementor-widget elementor-widget-heading\" data-id=\"58ad5f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Considerations when opening a bank account in Malaysia<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f8f4adb elementor-widget elementor-widget-text-editor\" data-id=\"f8f4adb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li>It is possible for both locally incorporated and foreign (i e non-Malaysian) companies to open a corporate bank account in Malaysia. However, it has become increasingly difficult for foreign companies without a permanent establishment (physical office premises with lease agreement stamped at the tax authority) in Malaysia to open a local account, unless they have existing Malaysian customers or suppliers.<\/li><li>Depending on our Client\u2019s business and nationality, there is a probability that Malaysian banks will request a bank signatory to travel for a one-hour bank interview as part of bank\u00a0<a href=\"http:\/\/amlcft.bnm.gov.my\/\" target=\"_blank\" rel=\"noopener nofollow\">AML\/CFT<\/a>\u00a0obligations.<\/li><li>Global banks continue to tighten corporate bank account opening procedure. Consequently, our Clients should expect the bank account approval period to take up to three months.<\/li><li>If our Client is not comfortable with only a Malaysia corporate bank account, CLA Consultants Group can open an international corporate bank account outside Malaysia. Examples include New York, Germany, Liechtenstein, Austria, Bulgaria, South Africa, Australia, London, South America or Dubai. All banks will be top-tier banks in these countries, with excellent internet banking services.<\/li><li>Some Malaysia banks prefer to communicate directly with our Client and will not put CLA Consultants Group in the loop for security purposes. In this case, CLA Consultants Group will assist our Client to prepare answers to the bankers\u2019 questions and requests.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-86854b1 elementor-widget elementor-widget-heading\" data-id=\"86854b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Documents required for Malaysia corporate bank account opening<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9753f4e elementor-widget elementor-widget-text-editor\" data-id=\"9753f4e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Documents required to open a Malaysia corporate bank account include\u00a0<span class=\"yellow-roman\">i)<\/span>\u00a0valid passport\u00a0<span class=\"yellow-roman\">ii)<\/span>\u00a0proof of address and\u00a0<span class=\"yellow-roman\">iii)<\/span>\u00a0company registration documents and\u00a0<span class=\"yellow-roman\">iv)<\/span>\u00a0lease agreement and proof of business in Malaysia.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d4c4aa1 elementor-widget elementor-widget-heading\" data-id=\"d4c4aa1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Malaysia non-travel banking solution for foreign companies<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0ec4b43 elementor-widget elementor-widget-text-editor\" data-id=\"0ec4b43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\n<table id=\"tablepress-18\" class=\"tablepress tablepress-id-18\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Preliminary approval received from banks<\/th><th class=\"column-2\">Bank option 1<\/th><th class=\"column-3\">Bank option 2<\/th><th class=\"column-4\">Bank option 3<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">Our recommendation in order of preference<\/td><td class=\"column-2\">1<\/td><td class=\"column-3\">2<\/td><td class=\"column-4\">3<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">Can A\/C be opened for your foreign company?<\/td><td class=\"column-2\">Yes<\/td><td class=\"column-3\">Only Singapore-incorporated<\/td><td class=\"column-4\">No<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">Internet banking available<\/td><td class=\"column-2\">Yes<\/td><td class=\"column-3\">Yes<\/td><td class=\"column-4\">Yes<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">Does our Client need to visit bank?<\/td><td class=\"column-2\">No<\/td><td class=\"column-3\">Yes, either in Malaysia or Singapore<\/td><td class=\"column-4\">Yes<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">Challenges<\/td><td class=\"column-2\">Review of documents can take up to six weeks<\/td><td class=\"column-3\">Transactions will be done by phone or email. Can be done online but bank will call to verify<\/td><td class=\"column-4\">Stringent due diligence procedures<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">How long to receive corporate bank A\/C number<\/td><td class=\"column-2\">6-8 weeks<\/td><td class=\"column-3\">4 weeks<\/td><td class=\"column-4\">6 weeks<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">Initial deposit at corporate bank A\/C opening<\/td><td class=\"column-2\">US$2,000<\/td><td class=\"column-3\">RM25,000 (or equivalent)<\/td><td class=\"column-4\">US$10,000<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">How long to receive A\/C numbers (after A\/C is approved)<\/td><td class=\"column-2\">1 week<\/td><td class=\"column-3\">1 week<\/td><td class=\"column-4\">1 week<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">Your dedicated relationship manager (RM) will be<\/td><td class=\"column-2\">TBP<\/td><td class=\"column-3\">TBP<\/td><td class=\"column-4\">TBP<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">Will your RM act on email instructions from you?<\/td><td class=\"column-2\">Yes<\/td><td class=\"column-3\">Yes<\/td><td class=\"column-4\">Yes<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">Will your RM act on phone instructions from you?<\/td><td class=\"column-2\">Yes<\/td><td class=\"column-3\">Yes<\/td><td class=\"column-4\">Yes<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">Daily transaction limit<\/td><td class=\"column-2\">None<\/td><td class=\"column-3\">None<\/td><td class=\"column-4\">None<\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">Our rating of the bank\u2019s customer service<\/td><td class=\"column-2\">Good<\/td><td class=\"column-3\">Good<\/td><td class=\"column-4\">Good<\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">International corporate ATM card issued<\/td><td class=\"column-2\">Yes<\/td><td class=\"column-3\">No<\/td><td class=\"column-4\">No<\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">Corporate credit card issued<\/td><td class=\"column-2\">No<\/td><td class=\"column-3\">No<\/td><td class=\"column-4\">No<\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\">Can multicurrency transactions be viewed online via internet banking<\/td><td class=\"column-2\">Yes<\/td><td class=\"column-3\">Yes<\/td><td class=\"column-4\">No<\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\">How long to receive internet password and login name (after account opening)<\/td><td class=\"column-2\">2 weeks<\/td><td class=\"column-3\">2 weeks<\/td><td class=\"column-4\">None<\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\">Can you make third party payments online<\/td><td class=\"column-2\">Yes<\/td><td class=\"column-3\">Yes<\/td><td class=\"column-4\">Yes<\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\">Our rating of internet banking facility<\/td><td class=\"column-2\">Good<\/td><td class=\"column-3\">Excellent<\/td><td class=\"column-4\">Good<\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\">Corporate cheque books issued with the bank account<\/td><td class=\"column-2\">No<\/td><td class=\"column-3\">No<\/td><td class=\"column-4\">No<\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\">One time account opening fee<\/td><td class=\"column-2\">None<\/td><td class=\"column-3\">None<\/td><td class=\"column-4\">None<\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\">Monthly account maintenance fee (assuming min. balance is maintained)<\/td><td class=\"column-2\">None<\/td><td class=\"column-3\">None<\/td><td class=\"column-4\">None<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-18 from cache -->\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e487fd elementor-widget elementor-widget-html\" data-id=\"2e487fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t\t\r\n<style>\r\n\r\n.uk-company-widget * {\r\nbox-sizing: border-box !important;\r\n}\r\n\r\n\/* CTA Section *\/\r\n.uk-cta {\r\npadding: 40px !important;\r\nborder-radius: 10px !important;\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%) !important;\r\ncolor: #fff !important;\r\ntext-align: center !important;\r\nfont-size: 20px !important;\r\nfont-weight: bold !important;\r\nmargin: 30px 0 !important;\r\nbox-shadow: 0 5px 15px rgba(0,0,0,0.1) !important;\r\n}\r\n\r\n\/* Buttons *\/\r\n.uk-btn {\r\ndisplay: inline-block !important;\r\npadding: 10px 20px !important;\r\nborder-radius: 6px !important;\r\nfont-weight: bold !important;\r\nborder: none !important;\r\ncursor: pointer !important;\r\ntransition: all 0.3s ease !important;\r\ntext-decoration: none !important;\r\nfont-size: 14px !important;\r\n}\r\n\r\n.uk-btn-gradient {\r\nbackground: linear-gradient(135deg, #1a4b5c 0%, #2c6e7f 100%) !important;\r\ncolor: #fff !important;\r\n}\r\n\r\n.uk-btn-gradient:hover {\r\nopacity: 0.9 !important;\r\n}\r\n\r\n\/* Contact Section *\/\r\n.uk-contact {\r\nborder: 1px solid #e2e8f0 !important;\r\nborder-radius: 8px !important;\r\nbackground: #f1f5f9 !important;\r\npadding: 20px !important;\r\nmargin: 20px 0 0 0 !important;\r\n}\r\n\r\n.uk-contact h4 {\r\nmargin: 0 0 10px 0 !important;\r\ncolor: #1a4b5c !important;\r\nfont-size: 16px !important;\r\n}\r\n\r\n.uk-contact p {\r\nmargin: 0 0 15px 0 !important;\r\ncolor: #475569 !important;\r\n}\r\n\r\n.uk-person {\r\ndisplay: flex !important;\r\nalign-items: center !important;\r\ngap: 15px !important;\r\n}\r\n\r\n.uk-person img {\r\nwidth: 60px !important;\r\nheight: 60px !important;\r\nborder-radius: 50% !important;\r\nflex-shrink: 0 !important;\r\n}\r\n\r\n.uk-person strong {\r\ncolor: #1a4b5c !important;\r\nfont-size: 16px !important;\r\n}\r\n\r\n\/* Responsive Design *\/\r\n@media (max-width: 480px) {\r\n.uk-cta {\r\npadding: 30px 20px !important;\r\nfont-size: 18px !important;\r\n}\r\n}\r\n\r\n<\/style>\r\n<\/head>\r\n<body>\r\n\r\n\r\n\r\n\r\n\r\n\r\n<!-- CTA -->\r\n<div id=\"uk-cta-section\" class=\"uk-cta\">\r\nRegister your company now! <br>\r\nCLA Group has the solution to help you grow.\r\n<\/div>\r\n\r\n<!-- Contact -->\r\n<div class=\"uk-contact\">\r\n<h4>Contact us<\/h4>\r\n<p>For more info on company registration, please contact our expert directly:<\/p>\r\n<div class=\"uk-person\">\r\n\r\n<div>\r\n<strong>Mr. Petar Chakarov<\/strong><br>\r\nSenior Manager, Sales & Business Development<br>\r\n<a href=\"https:\/\/cla.global\/free-consultation\/\" class=\"uk-btn uk-btn-gradient\">\r\n\r\nGet in touch\r\n\r\n<\/a>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<\/body>\r\n<\/html>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a5da09d e-flex e-con-boxed e-con e-parent\" data-id=\"a5da09d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>CLA assists multi-national Clients\u2019 with business set up in every country on the planet.<\/p>\n<p>For transparency purposes and to help multi-national Clients\u2019 budget future engagement fees, this page outlines average total engagement fees for every country on the planet.<\/p>\n<p>Click on the regional headings to see fees for every jurisdiction around the world.<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-989279","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/pages\/989279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/comments?post=989279"}],"version-history":[{"count":30,"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/pages\/989279\/revisions"}],"predecessor-version":[{"id":990086,"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/pages\/989279\/revisions\/990086"}],"wp:attachment":[{"href":"https:\/\/cla.global\/malaysia-company-registration\/wp-json\/wp\/v2\/media?parent=989279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}