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SECOND-TIER BANK (二线银行) - THE BANK FOR ALL

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PWTC

Kuala Lumpur, Federal Territory of Kuala Lumpur 50350

Malaysia

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Second-Tier Bank : Our First Choice(二线银行)

What are first-tier Bank? A first-tier is Bank, such as MayBank, Public Bank, HSBC, Citibank, Bank of New Zealand, Cimb & etc. In essence, a interest rates from any of these Banks will be very similar. They all fall under the same regulations and closely align their interest rates to the rate set by the Reserve Bank.

What are second-tier Bank? second-tier bank is a bank which is not as large as the main banks in a country. Building societies and credit unions are classified as second-tier Bank by the Ministry of Consumer Affairs. You might know them as second-tier Bank. Essentially, second-tier bank can offer loans to help people secure a fixed deposit with a high interest rate. It allows people to take a them fixed deposit and put it towards their deposit as long as it all services.

What’s the difference? The main difference between and first-tier bank and a second-tier bank is the interest rates they offer for fixed deposit. A Bank provides fixed deposit less interest rate than non Bank .In contrast, a second-tier Bank requires only a less deposit – so you require only half or a third of the deposit amount that a Bank requires.For example, if you’re looking to deposit a RM 200,000 in fixed deposit account, a bank only paid yours 3% - 5% yearly. But second-tier Bank will given us 5% monthly.

What does this mean for me? second-tier bank is the main investor sector by bank. Bank invest in second-tier bank to provides ups to 30% interest rates once.We could invest directly from second-tier Bank, so to have a direct interest rate likewise second-tier Bank gave to Bank.

Second-Tier Goverment Bank

- Provides a fixed deposit rate 5% - 7%

- Loan is provided

Client are welcome to know more details about us! To arrange viewing kindly register the ticket


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PWTC

Kuala Lumpur, Federal Territory of Kuala Lumpur 50350

Malaysia

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