Transfered from S/ Savers deposit in BR. Top up FD got 4.01% + 0.1% + 0.1% = 4.21% plus 3 free gifts 

*edited* figure mistake

SmartSavers is just any other savings account.... you can withdraw any amount (except for amount earmarked for the promo Booster Deal).
Any withdrawal from SmartSavers will result in lower interest rate for that month for SmartSavers account only... doesn't affect FD side

My deposit maturity date is middle of the month. If withdraw smart saver together with fd at maturity means it is a calender month withdrawal, smart saver funds for that month rate will be reduced to min rates. So letting it run until end of the month or 1 st of folowing month. Complicating matters is my online FD mature also atmiddle of the month , so transferred it to smart saver. I do have OD facility, but unfortunately didi not know how to take advantage of it as smartsavers can only be withdrawn on 1 December(saturday).

Ha..ha.. just remember lets say your Combo mature next month on the 15th. So if you intend to let smart saver  roll till the end of the month and only withdraw on 1 st of the following month. It is very important that in between you must deposit next month also. Like for me since the combo mature and only letting the smart saver roll, I forgot to top up.

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Added on December 6, 2012, 9:57 pm

Just remember to top up your smart saver for that calender month even when it has already matured, so in fact you can only withdraw it only on the first of the following month. In actual fact, if want to optimise s/s rates, you wont be able to withdraw FD and SS together..

What I did was uplift my FD (matured at mid month) and dump it into SS to get 3% for the remaining days until the 1st of following month to withdraw all and close SS. 

Same thing with me. I actually wanted to put in another FD but my if I do that then have to wait another month for the 3rd one to expire before I can withdraw from Smartsaver account.  Decided to go with UOB pure FD, but now have to remember to top up Smartsaver account every month.

According to my RM, it seems lots of clients are furious over this and they also quite fed up in trying to explain it over and over again. 

Each bank have different terms for early upliftment. Sometimes when I am too free, then will ask all sorts of question. I make sure they show me in black and white or else most of the times they give shitty answers only. Maybank is the worst that I have encountered but what to do as its my main bank.

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Added on December 7, 2012, 9:27 pm

I got what you mean. However in the first place why got excess fund.

Can we open multiple OCBC Savings+FD Combo ??

Anyone knows which bank/branch opens on the weekends in the Klang Valley? Weekdays to do FD placement is really difficult.

I might be slow can anyone confirm if the OCBC Mighty Weekend has come to an end? I went to OCBC early Sunday morning but the guard told me that OCBC no longer opens on weekends.

Thanks for the confirmation. Now I gotta spend a day's worth of leave just to withdraw my FD then.

Yup. My FD reached maturity on December 3rd but due to my hectic schedule, I only got to visit the bank last Sunday, only to know that the Mighty Weekend was no more.

1) I've only dealt in cash but I believe the answer is yes. Do spank me if I'm wrong though.
2) Nope, you gotta go back to the branch you opened the FD.
Thanks for the advice. I was too busy to remember that my FD has matured until my reminder went beeping.

For the example you provided me especially "If I want to open saving combo at Ocbc...", may I know why do I still need to ask OCBC to issue a bank X cheque? Just trying to understand some of the methods since there are so many confusing terminologies out there.

Thanks in advance for the explanation.

Just went to OCBC to change my maturity instuctions on upliftment to current account. On maturity date just need to issue cheques to which ever banks offer the highest rate. OCBC no free calender or diaries, world strongest bank is a scrooge..ha..ha..

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Added on December 20, 2012, 1:33 pm

Thanks gsc for the tips..

A better alternative to FD (esp for those who qualified and > 55yo) is 1Malaysia Retirement Savings Scheme.

I would think that BNM , IR will track large movement of funds transfer. Even PDRM will be interested.

Regarding my question, for large immediate cash withdrawal, is there any rule that limits the amount , or can they insist for advance notice. I dont have so much funds to withdraw so just for info puposes only.  If it happens to me, I will just stand in the banking hall yelling that the bank have no money.. it will be effective.

I do need a lenglui bodyguard..ha..ha..

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Added on December 23, 2012, 11:57 pm

What do you mean?

We need to pay RM 50 for a RM 10K FD placement?
Or we need to pay RM 50 for a cash deposit RM 10K in our saving account?

Not onli local bank made a mistake like this. My worst experience was with Citibank, OCBC, then back to local MBB.

Citibank forgotten to pay me FD interest for their time deposit acc and when I found out, they took bout less thaqn a wk to pay me back and I did calculate the losses I went thru in interest wise, and they agreed to compensate me as per my calculation. Its quite complicated but they agreed with me.

OCBC wise, they missed out my cheque deposit which was bout 100k if I'm not mistaken. It was yrs ago. Then when I made a loss claim, they compensate me according to my calculation too. But tis OCBC took quite long to rectify their fault.

Finally, MBB. Charge me interest for my money in acc instead of paying me. Same conclusion. They compensated me and v moved on.

Banks r id1ots. Dun hav to b too nice to them.