Hong Leong Bank offers digital onboarding experience for Malaysians looking to open bank accounts

Hong Leong Bank and Hong Leong Islamic Bank is now offering a digital onboarding experience for Malaysians looking to open a bank account. The experience is fully digital, eliminating the need to visit a physical branch or Self-Service Terminal.

Effective immediately, customers only need to download the ‘Apply@HLB’mobile app to open an account anytime, anywhere and their Debit Cards will be delivered to them wherever they are in Malaysia. This simple, hassle-free and convenient way of banking is timely given the ongoing Covid-19 health concerns and corresponding shift to digital ‘everything’.

According to Domenic Fuda, Group Managing Director and Chief Executive Officer of HLB, “We are pleased to be able to help Malaysians bank safely amidst the on-going pandemic and are proud to be doing our part in pushing for greater digital innovation in the financial sector. This would further stimulate the growth of the country’s Digital Economy while meeting the needs and expectations of an increasingly digital and mobile-first generation of consumers.”

Based on our data, we have seen a significant shift to digital banking over the past 7 months. Expanding our digital offerings to the first of its kind digital account opening through eKYC will further propel the move to digital banking”, he added.

With the ‘Apply@HLB’ app, opening a bank account can be done in three simple steps anytime, anywhere. Customers only need to have their MyKad in hand.

  1. Verify your identity with your IC and a selfie
  2. Fill in your personal details
  3. Create a username and password for HLB Connect to access online and mobile banking services once your account is opened

Once the account is opened, customers can immediately transfer funds online from another account and start transacting via the banking App such as making online payments and transfers. While waiting for the debit card to arrive, customers can perform cardless ATM withdrawals using the Connect ATM withdrawal feature.

Charles Sik, Managing Director of Personal Financial Services of HLB said, “Banking should never be at the expense of our customer’s convenience. We have all adapted to a new normal way of life and customers’ access to our banking services also have to evolve accordingly. The safety of our customers and staff remains a high priority as we continue to battle the pandemic. ‘Apply@HLB’ will remove the need of visiting a bank branch or meeting face-to-face by delivering a fully digital end-to-end onboarding process from applying for a bank account, identity verification to receiving a debit/ATM card. In addition to account opening, we will soon activate a fully digital credit card and personal loan application. This allows us to continue safeguarding the health and well-being of our customers, and staff at our Bank branches, while still providing customers with the ability to access our financial products and services anytime, anywhere.”

HLB’s Chief Digital and Innovation Officer, Shailesh Grover also added that ever since the Covid-19 outbreak started, the Bank has accelerated the delivery of its digital roadmap to ensure customers are able to access the products and services on the channel of their choice, which happens to be mobile.

Previous articleSunway University to strengthen student entrepreneurship ecosystem with Startup Foundry’s first intake
Next articlee-Hailing companies should do more in helping drivers

LEAVE A REPLY

Please enter your comment!
Please enter your name here