Hong Leong targets Gen Y with online deposit account

Hong Leong Bank launched the first truly flexible online fixed deposit account in Malaysia.

The flexible Mach FD targets Gen Y customers. Customers can manage their account from anywhere via www.hongleongconnect.my.

Mach FD can be opened, placed and withdrawn via Hong Leong Connect without the hassle of visiting a physical branch. It is available to all existing Money Box deposit accountholders. Mach FD is linked to a Money Box

account and customers will receive monthly e-statements together with their Money Box e-Statement of Accounts.

“The key hallmarks of Mach by Hong Leong Bank featuring customised offerings and high tech paperless process have resonated well among our target Gen Y segment since its launch six months ago,” said Datuk Yvonne Chia, group managing director of Hong Leong Bank.

Customers also have the option of using mixed mode placements, combining cheque deposit and intra-bank transfer of funds from their Money Box deposit account.

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