I also found out UOB does not pay interest for the last day of FD.

The OCBC 3.8 better or 4.5% better?

I plan to open one..

The 4.5% need minimun 7.5k?

interesting... good to know, tq.

the natural next question is do banks, any bank pay interest on the day of making the fd?

or there is always a 1 day "no interest"?

You are more than welcome. Captain.
Don't mention "permission" lah.. this is a very small matter mah..
This was what KFH Pavillion told me: KFH will bank in advance interest within 2 weeks.

KFH needs at least 2 working days to clear the check before they pay advance interest.
If place FD in KFH Pavillion, these are the parking fees involved:

(1) First day to place FD: RM 5.00
(2) To collect FD cert from KFH few days later (maybe 2 to 3 working days?): RM 5.00
(3) To collect advance interest within 2 weeks: RM 5.00
(4) To collect principle money when FD is matured: RM 5.00
Total: RM 20

Can save RM 5.00 if collect FD cert and advance interest on the same day.

I heard KFH can send somebody to depositor's house or office to collect check for placing FD.
But I am not sure if KFH can deliver FD cert or not?

Bro... No2 Are u sure need to collect few days later ?

Nice to see you again, Bro.

I have never placed FD with KFH, but if I am not mistaken, KFH does not give FD cert on the spot, do they?

Like Bank Rakyat, sometimes they can only prepare FD cert in about 4 days later.

I get my cert directly on the particular day on penang branch last time.. and about to place another time in this 3.88 round instead of placing OCBC.. Advanced interest is great.. and penang parking is free lar

I get my cert directly on the particular day on penang branch last time.. and about to place another time in this 3.88 round instead of placing OCBC.. Advanced interest is great.. and penang parking is free lar

Why the parking is free?

3 possibilities:
(1) KFH gives you free parking? Like put a stamp on the parking ticket so you can get free parking?
(2) You can find free parking there easily? Like park in the alley?
(3) KFH is inside the business building or shopping mall which provide free parking for first 1 or 2 hours? But this is impossible

no 1

I found out this when I was in UOB this afternoon:

If the FD account has one name only, if put the same name on the check when withdraw, then UOB charge RM 0.15 for the check.
If the FD account is joint-account with 2 names, if put the same 2 names on the check when withdraw, then UOB charge RM 0.15 for the check.

If the FD account is joint-account with 2 names, if put only one of the names on the check when withdraw, then UOB charge RM 2.15 for the check.

If put or add other person name(s) on the check, then UOB will charge RM 2.15 for the check.

So in conclusion, if the name(s) on the check is exactly the same on the FD account, then the check will cost RM 0.15; otherwise the check will cost
RM 2.15

HLB tomorrow will start promotion 3.75% FD pa for 12 months placement. The 3.8% Islamic FD might end tomorrow due to overwhelming response. New brochure are already at hlb branches

only got limited Mach branch and must open money box acc (saving acc)

there will be more branches will be open soon..1 of them is sunway pyramid.