Get a Bank draft or cashier's order

Emmm...if not mistaken, i guess bank draft or cashier's order have charges like RM5. is it?

if using GIRO to transfer, got limited amount transferable ?

Internet GIRO usually got limit, over-the-counter limited to how much u have in your account

Giro to what account number in Ocbc? Can only giro from one bank account number to another bank account number. If you dont have have ocbc account, how do you specify the account number to Giro to?

Normal charge : RM2.15

see first post, there is a summary of the charges.

sorry boss, thx for the great info sharing.

UOB banker's cheque is RM 0.15. Have done this recently few times already.

are you in Penang? gsc also confirmed he was charge RM0.15 only. But some of us here outside Penang are imposed RM2.15 per cheque.

As far as I knew, if one withdrawing FD into banker cheque (limit to 1 banker cheque per day if not mistaken), then Rm2.00 can be waived once.

Just came back from OCBC Taipan, wasted 2 hours waiting and open SmartSaver+3 month FD accounts. What a service provider, HLB is more efficient.

Welcome back boss!
It is confirmed that UOB is charging only RM0.15 for FD withdrawal cheque, whereas at OCBC it is FOC. There was once I even asked OCBC to split my withdrawal amount into two cheques and still no charge.

Yes, I am in Pg.

yup this branch is slow when crowded

I read from OCBC website the promotion is for 3 month FD at 4.5% but 50% of deposit must be in Saving account. Cant find the interest rate for SA, so many different types there. Guess kids' account would get higher rate. What is the interest rate you get for SA?
3% will be very good as it works out to be nett 3.75% pa for the whole sum.

At Ambank the promo is for 6 months FD rate 3.8% and the split for FD and SA is 80:20, better than the OCBC 50:50. And the money in SA is only earmarked for 3 months, and SA can get 3% interest if use the Amgenius acc. And interest for FD can be paid monthly to SA.

It is 2:1 , FD and saving account ratio. Smart saver (SA) interest is 2.9%, need to bank in 1000 in month 2 and 3, or if bank in 50 in month 2 and 3, the interest rate is 2.4%. Earmarked for 3 months.

Finally ?? Ha ha.

Go for it !!

Went to BR & was told by the officer in charge that :

1. Gifts are given to customers based on the discretion of the bank. Different branch may have different policy. Etc. If I place 50K for a 12-month FD in BR ABC, I'm entitled for an umbrella. Whereelse if I go to BR XYZ with the same placement & tenure, I might be offered 2 towels or 3 Parker pens.

2. There was no CNY dinner ever held by BR at my local branch

3. Minimum amount needed to get 4.20% for a 12-month FD placement is RM1 million (calling magika...can help verify this statement? )

4. Premature withdrawal rate for FD is based on the earlier month profit rate table, counted monthly. Etc. If I deposited a 12-month tenure in January & I withdraw it in November, the premature rate is 3.85% (January to November = 10 month period. Since there is no profit rate for 10-month, I will get the rate of the earlier month = 9-month FD rate = 3.85%).
***magika, I noticed this statement contradicts your post regarding premature floor rate for 12-month tenure, which you mentioned is at 2.94%. But so I was told

just pump in some money in CIMB FD promotion min 50k

1. Yes gifts are based on bank discretion. Have thick facial skin will help also.
2. Not interested.
3. Changed branch can ah...
4. Who you talk to ? BR office cleaner ? heh..he..
5. ?? got no. 5 meh...

note: if get premature rate like that I will deposit for 61 month so does not matter if i withdraw after 12 months.

note 2: is based on previous month premature rate table or in BR terms something like Pramatang..

This post has been edited by magika: Feb 25 2013, 03:10 PM