affin bank

Affin bank gave a circular to its customers about the conditions attached to renting the bank safe deposit boxes. The bank will be liable up to $10,000/- if the claimant satisfy the bank and insurance company. The bank will not cover for theft or robbery or Act of God (following Samy way of thinking eh). Imagine what the bank is saying............it doesnt protect your valuables in its safe deposit boxes in its premises. The customers pay sums for non security measures in the bank? I believe most safe deposit renters have insurance to cover for their valuables deposited in the bank vault..Bank Negara should monitor banks under its jurisdiction. It has become a trend for banks to impose surcharges or conditions as they like and BNM just sleep on it. We need a proactive Bank Governor to haul these banks CEOs for some lashing. BNM is to protect the consumers from being squeezed by banks........but it is the other way round for the consumers.