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

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gsc
post Jun 21 2012, 12:13 PM

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QUOTE(Gen-X @ Jun 21 2012, 06:50 AM)
To All:

Maybe we should recompile again the fee charged by the banks for cheques. Too lazy to go find previous posts. So guys, help out by copying below and post/edit where applicable. Will post at at post#1 later.

Banker's Cheque Fee (Not Bank Draft)

Affin - ?
Alliance - FREE
AmBank - ?
CIMB - ?
Citibank - RM0.15
HLB - RM5.15 (PB Customers RM0.15)
HSBC - ?
Maybank - RM5 or RM5.15?
OCBC - FREE (gsc please reconfirm)
PBB - RM2.15
RHB - RM5.15
SCB - RM2.15
UOB - RM2.15
Others - please state bank and amount.
*
UOB RM0.15. Just did it this month.
HLB is RM5.15.

It will be good if Rentas and interbank Giro are included here as well.

Rentas
OCBC - RM9.00
Citi (need confirm) - RM7.00

Interbank Giro
OCBC - RM2 ??

This post has been edited by gsc: Jun 21 2012, 12:13 PM
magika
post Jun 21 2012, 12:14 PM

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QUOTE(ascend @ Jun 21 2012, 12:09 PM)
Twice OCBC charged me RM2.15 for cashier's order for FD uplift. True for Ambank too. In fact, if you examine their fees & tariffs, you will not find fee-free CO even for FD uplift.
*
II think its free only if Premier Customers.
gsc
post Jun 21 2012, 12:15 PM

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QUOTE(magika @ Jun 21 2012, 12:13 PM)
I figured its because you add money to the Banker Cheque.
*
I added on RM200, the RM should have let me know .....

This post has been edited by gsc: Jun 21 2012, 12:18 PM
magika
post Jun 21 2012, 12:15 PM

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QUOTE(gsc @ Jun 21 2012, 12:13 PM)
Interbank Giro
OCBC - RM2 ??
*
Interbank Giro OCBC charged me RM0.50 only..


Added on June 21, 2012, 12:17 pm
QUOTE(gsc @ Jun 21 2012, 12:15 PM)
I am added on RM200, the RM should have let me know .....
*
Sometimes even thr RM dosent know. Last upliftment with new RM assistant, insist she confirm with her superiors. So ok, on condition must be exact sum from FD upliftment. No more no less.

This post has been edited by magika: Jun 21 2012, 12:17 PM
gsc
post Jun 21 2012, 12:20 PM

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QUOTE(magika @ Jun 21 2012, 12:15 PM)
Interbank Giro OCBC charged me RM0.50 only..


Added on June 21, 2012, 12:17 pm

Sometimes even thr RM dosent know. Last upliftment with new RM assistant, insist she confirm with her superiors. So ok, on condition must be exact sum from FD upliftment. No more no less.
*
Interbank Giro RM0.50, my RM said RM2.00...may be you are right, the RM dont know also

TSGen-X
post Jun 21 2012, 12:29 PM

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QUOTE(ascend @ Jun 21 2012, 09:12 AM)
OCBC charges RM2.15 for cashier's order.
HSBC charges RM5 for cashier's order for same day collection. Next day - RM2  (HSBC is so 'outdated'?)
Ambank charges RM2.15 for CO.
*
Noted and updated list.

QUOTE(magika @ Jun 21 2012, 09:40 AM)
OCBC free if from FD Upliftment ..
*
Bro, when you last withdraw?

QUOTE(Human Nature @ Jun 21 2012, 10:14 AM)
CIMB
RM2.15
FOC for upliftment
*
Noted and updated list.

QUOTE(gsc @ Jun 21 2012, 12:02 PM)
Last month I withdrawn my FD from OCBC and add on some money from OCBC saving account, they charged RM2.15 with the cheque on my name even though I am premier  customer.
*
Next time don't add and see what happens. Or why don't you call your RM and ask why you were charged RM2 service fee whereas some are not.

QUOTE(gsc @ Jun 21 2012, 12:13 PM)
UOB RM0.15. Just did it this month.
HLB is RM5.15.

It will be good if Rentas and interbank Giro are included here as well.

Rentas
OCBC - RM9.00
Citi (need confirm) - RM7.00

Interbank Giro
OCBC - RM2 ??
*
So we got conflicting reports for OCBC. As for UOB, I was charged RM2.15 this month, another conflicting report and I got PB with UOB too doh.gif

gsc, if you don't mind, go check the red receipt for the UOB and see if there is a Service Fee of RM2.

So here's the updated info so far

Banker's Cheque Fee purely for FD Upliftment/Withdrawal

Affin - ?
Alliance - FREE
AmBank - RM2.15
CIMB - FREE
Citibank - RM0.15
HLB - RM5.15 (PB Customers RM0.15)
HSBC - RM5 same day or RM2 next day (no RM0.15 Stamp Duty??)
Maybank - RM5 or RM5.15?
OCBC - FREE or RM2.15 Conflicting reports.
PBB - RM2.15
RHB - RM5.15
SCB - RM2.15
UOB - RM0.15 or RM2.15 Conflicting reports.
Others - please state bank and amount.

I don't mind adding Rentas or Giro BUT will appreciate if you guys copy and post format like above and update/edit/comment the list while you guys post instead of each of you reporting individually and expect me to retype all the time.

This post has been edited by Gen-X: Jun 21 2012, 12:52 PM
Human Nature
post Jun 21 2012, 12:45 PM

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QUOTE(magika @ Jun 21 2012, 12:13 PM)
I figured its because you add money to the Banker Cheque.
*
I am glad to say that CIMB does not charge when adding money. +1 CIMB.
magika
post Jun 21 2012, 01:04 PM

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QUOTE(Gen-X @ Jun 21 2012, 12:29 PM)
Noted and updated list.
Bro, when you last withdraw?
Noted and updated list.
Next time don't add and see what happens. Or why don't you call your RM and ask why you were charged RM2 service fee whereas some are not.
So we got conflicting reports for OCBC. As for UOB, I was charged RM2.15 this month, another conflicting report and I got PB with UOB too  doh.gif

gsc, if you don't mind, go check the red receipt for the UOB and see if there is a Service Fee of RM2.

So here's the updated info so far

Banker's Cheque Fee purely for FD Upliftment/Withdrawal

Affin - ?
Alliance - FREE
AmBank - RM2.15
CIMB - FREE
Citibank - RM0.15
HLB - RM5.15 (PB Customers RM0.15)
HSBC - RM5 same day or RM2 next day (no RM0.15 Stamp Duty??)
Maybank - RM5 or RM5.15?
OCBC - FREE or RM2.15 Conflicting reports.
PBB - RM2.15
RHB - RM5.15
SCB - RM2.15
UOB - RM0.15 or RM2.15 Conflicting reports.
Others - please state bank and amount.

I don't mind adding Rentas or Giro BUT will appreciate if you guys copy and post format like above and update/edit/comment the list while you guys post instead of each of you reporting individually and expect me to retype all the time.
*
Premier Banking

3 Mac 2012 - RM0.50 using GIRO OCBC to Maybank
13 April 2012 - free Banker Cheque OCBC to Bank Rakyat


Added on June 21, 2012, 1:14 pm
QUOTE(gsc @ Jun 21 2012, 12:20 PM)
Interbank Giro RM0.50, my RM said RM2.00...may be you are right, the RM dont know also
*
My last upliftment with OCBC, I use Banker Cheque + Personal Cheque to place FD at Bank Rakyat, no problem.
However some time later (sukuk maturity forgot date), I wrote a personal cheque for placement at Bank Rakyat, but forgot to transfer money to Current Account. Maybank called me n request them to transfer for me which they duly did. However some days later upon checking my current account, found out i was charged RM9.xx as Compensation Fees.. mad.gif


This post has been edited by magika: Jun 21 2012, 01:18 PM
spikeman
post Jun 21 2012, 02:25 PM

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QUOTE(Gen-X @ Jun 21 2012, 06:50 AM)
Bro, since when OCBC charge RM2.15? As of last year, prior to me having PB with OCBC, they don't charge a single sen for cheques, yes more than 1, if the cheques are in my name from a single FD receipt. Now I have Current Acct with OCBC and I'll just transfer the amount into it.

Same for Alliance Bank - free too without PB.

Yah, sometimes it is faster to go to general banking hall for depositing and withdrawing our FDs.
UOB charge RM2.15 even if you are a PB customer.

HLB on the other hand charge RM5.15 but PB customer they charge RM0.15 for cheque.

To All:

Maybe we should recompile again the fee charged by the banks for cheques. Too lazy to go find previous posts. So guys, help out by copying below and post/edit where applicable. Will post at at post#1 later.

Banker's Cheque Fee (Not Bank Draft)

Affin - ?
Alliance - FREE
AmBank - ?
CIMB - ?
Citibank - RM0.15
HLB - RM5.15 (PB Customers RM0.15)
HSBC - ?
Maybank - RM5 or RM5.15?
OCBC - FREE (gsc please reconfirm)
PBB - RM2.15
RHB - RM5.15
SCB - RM2.15
UOB - RM2.15
Others - please state bank and amount.
*
I'm very sure only got charged RM0.15 from UOB.

checked the slips, Only RM0.15 minus from the final withdrawal amount.

got it done 2 weeks ago.
ascend
post Jun 21 2012, 03:04 PM

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QUOTE(spikeman @ Jun 21 2012, 02:25 PM)
I'm very sure only got charged RM0.15 from UOB.

checked the slips, Only RM0.15 minus from the final withdrawal amount.

got it done 2 weeks ago.
*
http://www1.uob.com.my/personal/useful/fees_charges.html

After checking the fees for Uob, I can't find anything that suggests cashier's order is free.

CIMB Bank, as pointed out correctly above, specifically states CO for uplift is free.
TSGen-X
post Jun 21 2012, 09:47 PM

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QUOTE(spikeman @ Jun 21 2012, 02:25 PM)
I'm very sure only got charged RM0.15 from UOB.

checked the slips, Only RM0.15 minus from the final withdrawal amount.

got it done 2 weeks ago.
*
Bro, you check the red color receipt?
How come only I get charged RM2.15 doh.gif Withdraw mine last week.
gsc
post Jun 21 2012, 10:21 PM

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QUOTE(Gen-X @ Jun 21 2012, 12:29 PM)
Noted and updated list.
Bro, when you last withdraw?
Noted and updated list.
Next time don't add and see what happens. Or why don't you call your RM and ask why you were charged RM2 service fee whereas some are not.
So we got conflicting reports for OCBC. As for UOB, I was charged RM2.15 this month, another conflicting report and I got PB with UOB too  doh.gif

gsc, if you don't mind, go check the red receipt for the UOB and see if there is a Service Fee of RM2.


*
Confirm UOB charged RM0.15 coz today my FD due and used UOB banker cheque to open 3 mth FD at OCBC. I know UOB is 3.53%, 0.03% better than that of OCBC but for fresh fund only.


Added on June 21, 2012, 10:26 pm
QUOTE(Gen-X @ Jun 21 2012, 09:47 PM)
Bro, you check the red color receipt?
How come only I get charged RM2.15  doh.gif Withdraw mine last week.
*
if withdraw the FD plus interest and on own name- banker cheque is RM0.15.


This post has been edited by gsc: Jun 21 2012, 10:26 PM
TSGen-X
post Jun 21 2012, 10:39 PM

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QUOTE(gsc @ Jun 21 2012, 10:21 PM)
Confirm UOB charged RM0.15 coz today my FD due and used UOB banker cheque to open 3 mth FD at OCBC. I know UOB is 3.53%, 0.03% better than that of OCBC but for fresh fund only.


Added on June 21, 2012, 10:26 pm

if withdraw the FD plus interest and on own name- banker cheque is RM0.15.
*
noted, thanks for the confirmation.

yah it was principal plus interest in my own name when I withdrew my FDs and deposited them into OCBC 6 months 3.65% last week. I must go to UOB and find out how come they charge me RM2.15 vmad.gif somemore 2 cheques so rugi RM4!


ascend
post Jun 21 2012, 10:51 PM

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QUOTE(gsc @ Jun 21 2012, 10:21 PM)
Confirm UOB charged RM0.15 coz today my FD due and used UOB banker cheque to open 3 mth FD at OCBC. I know UOB is 3.53%, 0.03% better than that of OCBC but for fresh fund only.


Added on June 21, 2012, 10:26 pm

if withdraw the FD plus interest and on own name- banker cheque is RM0.15.
*
The only way to explain rm0.15 for a check leaf is you have a current account at UOB - as per their fees & charges.

This post has been edited by ascend: Jun 21 2012, 10:59 PM
faradie
post Jun 22 2012, 09:49 AM

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Hey you are getting off topic..I thought this is a thread on FD rates not bank chgs.
cherroy
post Jun 22 2012, 09:56 AM

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QUOTE(Gen-X @ Jun 21 2012, 10:39 PM)
noted, thanks for the confirmation.

yah it was principal plus interest in my own name when I withdrew my FDs and deposited them into OCBC 6 months 3.65% last week. I must go to UOB and find out how come they charge me RM2.15  vmad.gif somemore 2 cheques so rugi RM4!
*
Based on last time I knew, customer is entitled for 1 cheque free (no Rm2.00 but still need to charge 0.15). 2nd one need to charge.

Now, I don't know.
magika
post Jun 22 2012, 10:15 AM

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QUOTE(Gen-X @ Jun 21 2012, 10:39 PM)
noted, thanks for the confirmation.

yah it was principal plus interest in my own name when I withdrew my FDs and deposited them into OCBC 6 months 3.65% last week. I must go to UOB and find out how come they charge me RM2.15  vmad.gif somemore 2 cheques so rugi RM4!
*
Go there with parking charges, fuel etc more than RM4.00 lah
Can if firm on principles. rclxms.gif
TSGen-X
post Jun 22 2012, 10:21 AM

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QUOTE(faradie @ Jun 22 2012, 09:49 AM)
Hey you are getting off topic..I thought this is a thread on FD rates not bank chgs.
*
Bro, you after post count ar tongue.gif

We are talking about FD related matter - i.e. banker's cheque fee for FD withdrawal. Not everyone has online or current account with the bank they have FD with; and therefore the fee is relevant, more so if the FD amount is a couple thousand and the promotional rate is extra 0.1%. For example, if you have deposited into a bank because it offered 0.5% extra for 3 month FD, with RM10K you only earn approximately extra RM12.5 and if the bank charge you RM5.15 for a cheque, you'll be earning less than RM8 extra!

QUOTE(cherroy @ Jun 22 2012, 09:56 AM)
t
Based on last time I knew, customer is entitled for 1 cheque free (no Rm2.00 but still need to charge 0.15). 2nd one need to charge.

Now, I don't know.
*
My two cheques was for different FD certs and not split; therefore based on above, they should charge me like you mentioned.

QUOTE(magika @ Jun 22 2012, 10:15 AM)
Go there with parking charges, fuel etc more than RM4.00 lah
Can if firm on principles.   rclxms.gif
*
You are absolutely right Bro, wasting time for RM4, haha. No lah, just need to call my RM or when I go there next month where I have another cert maturing.

This post has been edited by Gen-X: Jun 22 2012, 10:23 AM
magika
post Jun 22 2012, 10:43 AM

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QUOTE(Gen-X @ Jun 22 2012, 10:21 AM)
Bro, you after post count ar  tongue.gif

We are talking about FD related matter - i.e. banker's cheque fee for FD withdrawal. Not everyone has online or current account with the bank they have FD with; and therefore the fee is relevant, more so if the FD amount is a couple thousand and the promotional rate is extra 0.1%. For example, if you have deposited into a bank because it offered 0.5% extra for 3 month FD, with RM10K you only earn approximately extra RM12.5 and if the bank charge you RM5.15 for a cheque, you'll be earning less than RM8 extra!

*
Really we all belongs to Uncle Scrooge's Club.. tongue.gif
TSGen-X
post Jun 22 2012, 11:09 AM

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QUOTE(magika @ Jun 22 2012, 10:43 AM)
Really we all belongs to Uncle Scrooge's Club.. tongue.gif
*
hahaha, if RM12.5 less RM2.15 still got a free pack of fags. If I had use RM10K and extra 0.1% 3 months and fee RM5.15 for the example, then it will be negative sweat.gif

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