The FD rates won't differ in large variance.

Is there any hidden clause for such higher rate compared to other banks?

I believe MBB has the lowest rate in term of 1 to 3 months tenure.

I want to ask if the foreign FD rate published in the following URL:

http://www.pbebank.com/en/en_content/perso.../fcfdrates.html

Especially 1-month to 3-month tenure, are they guaranteed? Will I lose my capital?

This post has been edited by David83: Jun 21 2008, 12:33 AM

You don't think so is referring to which? The return is not guaranteed? The capital might lose?

There's no T & C published. I believe the forex rate won't be greatly swung in 1 month time.

The published rate is the interest paid before or after the conversion?

What I meant is?

A. RM ---> AUS
B. FD for 1 month

The published rate is paid based on AUS or on RM (after converting back) upon maturity?

Anybody mind to explain?

cherroy, thanks for explaining.

Is there's any financial charge if withdrawing upon maturity?

Maybank is promoting FD:

Maybank Fixed Deposit loyalty bonus campaign 19 Aug - 18 Oct '08

http://www.maybank2u.com.my/promotions/efd/index.shtml

This is what Maybank offering on USD FCA:

Earn better USD Placement Rates up to 3.30% with Foreign Currency Account!

URL: http://www.maybank2u.com.my/highlights/fca...ign/index.shtml

This post has been edited by David83: Oct 8 2008, 10:13 PM

Are you referring to this one:

http://www.bsn.com.my/perbankanislam/mudharabah.asp

RM 10k of equivalent of the currency of you interested to place your foreign FD at.

PB FD Wonder with min deposit of RM 100k.







This post has been edited by David83: Oct 22 2008, 06:51 PM

Bundled FD with CIMB till 30 November 2008

Enjoy the highest rate in the shortest time possible.

This is a great opportunity to deposit your new funds into Fixed Deposit accounts. Place a minimum deposit of RM25,000 into a 1-month AND 9-month Fixed Deposit account respectively and enjoy these special rates:

1-month for 3.52% p.a
3-month for 3.60% p.a

URL: http://www.cimbclicks.com.my/bundleFD.htm

Should be min deposit of RM 25k. You select which package you wanted I guess.

3.7% p.a is for 12-month tenure. If you put shorter than that, the rate will be lower.

It is normal for FD rates to be adjusted after BLR is reduced to 6.5%.

FD would be go down after BNM slashes OPR rate.

Bank Negara cuts OPR by 75 basis points

URL: http://biz.thestar.com.my/news/story.asp?f...49&sec=business

I thought the new rate should be started by 1 February 2009.

Maybank also adjusted their conventional FD rates.

I doubt that since it has been updated and revised.

Last month was roughly 2.5% p.a.

This month is roughly 2% (revised rate).