Today, CIMB has announced the KWIK account, a bank account that is easy to set up, requires no documentation, no deposit fee and immediate activation! With the KWIK account, you can do quite a few things that a normal online banking account can such as:

1)Add money to the account via CIMB Bank

2) Receive money instantly

3) Send money by email address or phone number

4) ATM Withdrawls with the use of an ATM card

5) Pay bills and top up prepaid reloads

6) Capped with a maximum balance of RM4,999

For the full range of features and a deeper look into all the fees and charges click here

Kwik Account and Kwik Money Transfer launch

The Kwik Account can be opened in three simple steps: First, go to CIMB Clicks website and click on ‘Apply for Kwik’. Second, fill in the e-form. Finally, confirm the application with a transaction authorisation code (TAC). With that, a Kwik Account is successfully opened with no prior banking relationship and no minimum deposit required. The account holder can immediately commence banking transactions on the Kwik Account.

The Kwik Account is accessible via CIMB Clicks and CIMB Clicks Mobile App on Apple and Android mobile devices. Customers can also easily transfer money into this account online or at any CIMB Bank cash deposit machines.

So to celebrate their inauguration, CIMB is having a promotion for Hotlink customers who open a Kwik account. For every RM10 retail transactions or Hotlink reload, you will gain 10 free SMS. You will also get 100MB worth of internet data if you perform a minimum of RM30 prepaid reload to any Hotlink number via your Kwik Account. The offer stands until the end of August 2014.

Learn more about KWIK here!

Thank you Matchy From The Comments!