Fixed Deposit Rates in Malaysia V2, Read 1st post to find highest rate.
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 Nov 1 2011, 10:35 AM
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#1
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Junior Member
6 posts Joined: May 2011  
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Standard chartered e-saver account:
What is the formula for calculating interest ? ADB= Total day end balance / Days account opened in that month Interest for the month = ADB*5%*(Days account opened in that month)/365 DAys account opened in that month = 8 I received an interest today Nov 1 of RM 53.47, appreciate if any insider could tell me if my formula is correct? I can't seem to get what they are getting. |
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Nov 1 2011, 10:56 AM
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#2
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Junior Member
6 posts Joined: May 2011
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QUOTE(ronnie @ Nov 1 2011, 10:50 AM) The interest of RM53.47 is part of the normal eSaver interest. Refer to table above. Thanks Ronnie! : )The 5% portion is NOT IN YET  |
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Nov 3 2011, 10:28 AM
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#3
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Junior Member
6 posts Joined: May 2011
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QUOTE(wu ming @ Nov 3 2011, 09:28 AM) 3rd working day already. Nothing happens. Can't find any indication on when it will come in exactly though. |
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Jan 19 2012, 01:11 AM
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#4
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Junior Member
6 posts Joined: May 2011
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Hi, just wondering if any sifu knows when the upfront interest will be credited to the savings account for the KFH Murabahah 4% Deposit ? I was told it will be credited after the commodity trading on Monday. So the interest will be credited on Tuesday. And another customer service told me it will be credited on the same day as commodity trading will be executed by 12pm. Thanks.
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