Just to inform the few million CIMB consumers that they are add it again.
During the June and July 08 cheque fiasco, where cheques was not clearing on time. It has happened again but with a different twist.
Now in October previous cheques that we returned during the July fiasco is now being cleared in October. Oh my goodness.
On top of that the payee bank says it is cleared but CIMB says it doesn't have the money. Only after countless calls and emails and escalations with faxed documents does some action occur. I didn't realised it was such a big issue till I googled "CIMB cheque clearing issues" that I find so many blogs and compliants.
Read the links for some background to the issue.