Man in the Clouds

Image  "Charity Donations (CIMB Bank Draft)"   by  liewcf  is licensed under  CC BY-SA 2.0 CIMB Bank recently setup shop as a digital only bank in the Philippines. In this article, I will walk you through my personal experience with this bank. Deposit Offerings Fast Account A fast account is a deposit account with a maximum deposit of 100,000 and a validity of 12 months. No foreign remittances can be made or received through this type of account. Fast Plus Account A Fast Plus account is a verified fast account that comes with a visa debit card. During the time I signed up, verification was done by providing an additional valid id and a selfie. This account does not have the deposit, validity, and remittance restrictions of the Fast Account. Upsave Account A High Interest bearing Savings Account not paired with a visa debit card. You can, however, easily transfer funds from one type of account to another. Gsave Account A savings account you can open directly thro...