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 Fixed Deposit Rates in Malaysia V2, Read 1st post to find highest rate.

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ronnie
post Jul 13 2012, 03:53 PM

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QUOTE(lee9171 @ Jul 13 2012, 03:44 PM)
How you guys transfer big amount money from one bank to another for fixed deposit placement purpose?

IBG has limitation and if by bank draft need 2 days clearance, then we need to go back to bank after clearance to placve FD?
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Personal cheques are accepted for FD placement
ronnie
post Jul 15 2012, 10:36 AM

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QUOTE(z21j @ Jul 15 2012, 02:17 AM)
in simple the interest would be around 0.2465% PER MONTH (if you consider 3% pa).

If you invest RM10,000 at 3% PA,
10,000 * 0.2465% = This is what u get monthly.
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If we have RM1 million, we can get RM2465 a month of passive income brows.gif brows.gif
ronnie
post Jul 15 2012, 06:56 PM

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QUOTE(z21j @ Jul 15 2012, 06:06 PM)
Yea, it's true. But if you have 1 mil, you wont bother about rm2465 passive income ady. Too little to mean anything to you by then.
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Having RM1 million is peanuts nowadays with high inflation....
ronnie
post Jul 18 2012, 01:45 PM

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QUOTE(ascend @ Jul 18 2012, 01:16 PM)
HSBC New Branch FD promo (5%)

Did any of you receive a call from the branch you opened your new Advance account, inviting you to drop by and  pick up some gifts, and to perhaps be briefed on some investment products?
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I signup at the HSBC AManah city Centre and didn't ask me collect gift ? I collected some gift when I signup the account + TD-i
ronnie
post Jul 21 2012, 12:39 AM

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QUOTE(Human Nature @ Jul 21 2012, 12:39 AM)
HI, can I uplift CIMB e-FD over the counter? The reason is, I want to transfer the money using banker's cheque FOC blush.gif
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Good question.... I doubt so.
ronnie
post Jul 21 2012, 01:07 AM

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QUOTE(Human Nature @ Jul 21 2012, 12:52 AM)
Oh interesting:
Home branch refers to the one where I open my saving account? or any branch will do?
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CIMB Branch which you opened your Savings Account for the first time.
ronnie
post Jul 22 2012, 01:35 AM

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QUOTE(debbieyss @ Jul 21 2012, 10:16 PM)
Confused with the HSCB Term Deposit sad.gif
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I know the story.... main issue was different HSBC Consultant does it differently.
Mine allows auto-sweep from HSBC Amanah Advance-i to Term Deposit-i
debbieyss requires to viswit HSBC twice ....
ronnie
post Jul 24 2012, 02:58 AM

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QUOTE(1282009 @ Jul 24 2012, 02:10 AM)
Quick one guys. If the FD maturity date is 25th July, the withdrawal can be made on 25th or 26th without losing the interest?
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You can withdraw on Mautiry Date, which is 25th

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