Archive for the ‘Business News’ Category

Bank SWIFT Code for Public Bank

Monday, September 15th, 2008 |

Bank Swift Code is important when you need to receive or sent money to someone overseas.

The SWIFT code is useful as every single bank has it on codes. This will fasten the transaction of transferring of money as the banks will know directly which bank to send money to from the SWIFT Code.

For European banks, IBAN Code is used. For all Malaysia banks, SWIFT Code is used to identify the banks.

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Malaysia another Zimbabwe in the making?

Tuesday, July 22nd, 2008 |

How you would like a 100 billion Ringgit note? Isn’t that cool to be a billionaire once in a lifetime? Ask the the people of Zimbabwe, suffering from a record 2.2 million % inflation. Gila sia, i couldn’t imagine putting myself into their shoes.

To tackle cash shortages, the Zimbabwean bank introduced 100 billion dollar bank note. This year itself 2008, Zimbabwe have introduced 7 new denominations such as:-

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