The branches can be closed due to several reasons:

i) reducing operating profit, so close down some to cut losses

ii) advance in online banking, so close down branches to reduce overhead cost

And PIDM as said is just a peace of mind, but the potential gain is much higher compare to the maybank bankrupt as it is highly unlikely (Malaysia's biggest bank, if he bankrupt, most likely others won't survive either except a few)

Where do you get the impression that the online transaction is foc?

The GIA is available in maybank2u as eGIA-i under fixed deposit section

Any bank transfer within the bank is free

Yes, however GIA you can uplift everything, where as m2u saver you are tied with the minimum balance of 250 in that account

Moreover, m2u saver does not give interest below 2000 (same rate as bsa for the islamic m2u saver)

And yes, GIA interest is calculated daily, and when you uplift, it will give you the interest equals to the day you put in according to the monthly interest rate as quoted in their website

What I mean is that eGIA essentially function like FD placement, where you put a certain amount in a cert, then you can uplift anytime

You can greate multiple cert like FD, as long as each minimum with rm1000 (for 2 months and above)

But for eGIA, tenure doesnt matter, because no mater how long you put, once you decide to uplift, it will give you the interest according to the days you put, in another words, no interest penalty

For saving accounts, normally is 12am cut off time

However, eGIA similar to FD, will have operation hour of 6am to 10pm

Yes

You do it the same way as you put efd

no PIDM

But higher interest rate compared to saving account and fd board rate

Plus practically if Maybank collapse, PIDM can't even cover everyone's money

Still GIA, being an islamic investment with bring very low risk, no PIDM due to categorization

Most of us here treat it as saving account and temporary parking facility before moving to good promo fd rate, better investment opportunity, even just emergency parking will do