FD rates in Malaysia, Which bank offer the highest FD rates?
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 Jun 24 2008, 10:36 PM
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#1
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Senior Member
1,002 posts Joined: Sep 2007 
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Guys..
How a bout UOB FD for foreign currency? what u guys opinion? minimum AUD 3000, NZD 3000 or GBP 1000 with rates up to 8.3%p.a but it expose to currency risk http://www1.uob.com.my/index.html |
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Jun 25 2008, 03:49 PM
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#2
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Senior Member
1,002 posts Joined: Sep 2007
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QUOTE(tinkerbel @ Jun 25 2008, 02:18 PM) @chgchksg128, What do u mean?If U intend to put in LT, go for it   WHat is LT? |
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Jun 25 2008, 03:59 PM
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#3
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Senior Member
1,002 posts Joined: Sep 2007
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So it mean If I just put in foreign FD for shirt term, it is not a wise choice?
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Jun 25 2008, 05:06 PM
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#4
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Senior Member
1,002 posts Joined: Sep 2007
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yupe, it may be not as high as it should be.
BUt malaysia currency is expected to depreciate according to some expert, just dont know whether NZD or AUD will be the same or remain the same. Another question is any cahrges when u put it back from Forex deposite back to Malaysia FD |
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Jun 26 2008, 10:04 AM
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#5
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Senior Member
1,002 posts Joined: Sep 2007
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anyone know the foreign FD for mayabnk?
I can not find in their maybank2u.com.my It seems like UOB is not a good deal |
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