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 Fixed Deposit Rates in Malaysia V4, Please read 1st post.

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yenforyen
post Mar 11 2013, 05:30 PM

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QUOTE(MNet @ Mar 10 2013, 06:12 PM)
How to transfer $$ from maybank2u online to MACH saving account?
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You could try the GIRO Interbank Transfer.

Go to M2U online, log in, then click on Transfers -> New GIRO Interbank Transfer.

Transfer limit is RM 10,000 per day though, at a fee of RM 2.
gotham11
post Mar 11 2013, 10:29 PM

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anyone receive SMS from OCBC regarding the 4.5% FD for 3months or 6 months?

bearbear
post Mar 11 2013, 11:10 PM

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QUOTE(gotham11 @ Mar 11 2013, 10:29 PM)
anyone receive SMS from OCBC regarding the 4.5% FD for 3months or 6 months?
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3 months - 2:1 FD:Smart Saver fund split - read first post
ntdote
post Mar 12 2013, 02:35 AM

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Can FD be placed at any HL mach branch say 9pm?
Or banking only until regular hours ie. 5pm?

For the 4% promo, banker draft accepted for deposit?

TQ
yenforyen
post Mar 12 2013, 08:21 AM

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QUOTE(ntdote @ Mar 12 2013, 02:35 AM)
Can FD be placed at any HL mach branch say 9pm?
Or banking only until regular hours ie. 5pm?

For the 4% promo, banker draft accepted for deposit?

TQ
*
As long as you have enough moolah in your money box account, the FD placement is done electronically. Which means to say you can do it online through Hong Leong Connect at any time you wish to do so. The system entitles you the 4% FD as long as the minimum amount placed is >= RM 10,000 for a tenure of 12 months. Remember to place your RM 10,000 as a one lump sum amount, it doesn't work if you split the amount to be less than RM 10,000 then place it on two separate transactions although the sum of the transactions may amount to a minimum of RM 10,000.

As for transfer of money from 3rd party accounts to your money box, you could use a banker's cheque/draft or even perform an interbank GIRO transfer. Do remember to check out the fees charged though!
ntdote
post Mar 12 2013, 10:26 AM

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QUOTE(yenforyen @ Mar 12 2013, 08:21 AM)
As long as you have enough moolah in your money box account, the FD placement is done electronically. Which means to say you can do it online through Hong Leong Connect at any time you wish to do so. The system entitles you the 4% FD as long as the minimum amount placed is >= RM 10,000 for a tenure of 12 months. Remember to place your RM 10,000 as a one lump sum amount, it doesn't work if you split the amount to be less than RM 10,000 then place it on two separate transactions although the sum of the transactions may amount to a minimum of RM 10,000.

As for transfer of money from 3rd party accounts to your money box, you could use a banker's cheque/draft or even perform an interbank GIRO transfer. Do remember to check out the fees charged though!
*
Hi. Thank you for replying.

I do not have money box yet and i planned to open one and deposit my banker's cheque.
Operating hours for those Mach branches are from 10am-10pm daily.
Can the opening of this money box be done say 8pm at the branch? as it is out of the regular banking hours of 9-5. TQ

bearbear
post Mar 12 2013, 10:55 AM

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QUOTE(ntdote @ Mar 12 2013, 10:26 AM)
Hi. Thank you for replying.

I do not have money box yet and i planned to open one and deposit my banker's cheque.
Operating hours for those Mach branches are from 10am-10pm daily.
Can the opening of this money box be done say 8pm at the branch? as it is out of the regular banking hours of 9-5. TQ
*
haha bro if they cannot do banking for you then what's the point of opening till 10PM?
Zoe26
post Mar 12 2013, 11:09 AM

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The Hong leong bank sweet FD is it open to everyone?as long as is malaysian...
Gary1981
post Mar 12 2013, 12:40 PM

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QUOTE(ntdote @ Mar 12 2013, 10:26 AM)
Hi. Thank you for replying.

I do not have money box yet and i planned to open one and deposit my banker's cheque.
Operating hours for those Mach branches are from 10am-10pm daily.
Can the opening of this money box be done say 8pm at the branch? as it is out of the regular banking hours of 9-5. TQ
*
That is why i preffered MACH FD as the convenient that operate after working hours and easy parking at shopping mall. Yes, u can do any banking till 10pm.
I just did another add on FD on 8th Mac, and the cheque clear on 11th Mac which online shows my FD effective date is 11th mac.
Planning for another FD add on next 1-2 weeks, this time really ask for any goodies...Unless there are others more attractive FD promotion.


aeiou228
post Mar 12 2013, 01:06 PM

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QUOTE(ntdote @ Mar 12 2013, 10:26 AM)
Operating hours for those Mach branches are from 10am-10pm daily.
Can the opening of this money box be done say 8pm at the branch? as it is out of the regular banking hours of 9-5. TQ
*
You can place FD with your banker's chq in the evening but the commencement date (cut off time is 4PM) of the FD is next working day. If your FD placement is RM250K, then you rugi RM27.40 interest per day. If the placement is only RM10k, then not so much la.

This post has been edited by aeiou228: Mar 12 2013, 01:14 PM
yenforyen
post Mar 12 2013, 04:37 PM

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QUOTE(ntdote @ Mar 12 2013, 10:26 AM)
Hi. Thank you for replying.

Can the opening of this money box be done say 8pm at the branch? as it is out of the regular banking hours of 9-5. TQ

*
They open till 10 pm! So yes, you can pop in at 8 pm to open an account with them.
jimz97
post Mar 13 2013, 12:33 PM

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QUOTE(yenforyen @ Mar 12 2013, 04:37 PM)
They open till 10 pm! So yes, you can pop in at 8 pm to open an account with them.
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No problem, i walk in 930pm at the curve last month and all paperless work.
Happyman
post Mar 13 2013, 02:09 PM

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Is the interest taxable?


pisces88
post Mar 13 2013, 02:25 PM

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for OCBC 4.5% promo, we need to deposit fresh funds 1k to the savings account to entitle for 2.9% interest right?

lets say i got an old FD already.

if i make a new FD, 5000 : 2500. will this 2500 consider as fresh funds? or i still need to deposit 1000 so the savings can enjoy 2.9%?
gsc
post Mar 13 2013, 04:08 PM

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QUOTE(pisces88 @ Mar 13 2013, 02:25 PM)
for OCBC 4.5% promo, we need to deposit fresh funds 1k to the savings account to entitle for 2.9% interest right?

lets say i got an old FD already.

if i make a new FD, 5000 : 2500. will this 2500 consider as fresh funds? or i still need to deposit 1000 so the savings can enjoy 2.9%?
*
It is considered as fresh fund.

Month 1 - new FD 5000 : 2500, 2500 into SS
Month 2 - deposit 1000 into SS
Month 3 - deposit 1000 into SS
MilesAndMore
post Mar 13 2013, 10:30 PM

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QUOTE(Happyman @ Mar 13 2013, 02:09 PM)
Is the interest taxable?
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No. It is not.
TSGen-X
post Mar 14 2013, 03:20 AM

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QUOTE(Happyman @ Mar 13 2013, 02:09 PM)
Is the interest taxable?
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For personal no but company yes.
Yuanz
post Mar 14 2013, 10:49 PM

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What's the best bank to place fix deposit for 10k ?

6month or 1 year is OK for me,any suggestions??
talexeh
post Mar 15 2013, 04:36 PM

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QUOTE(Yuanz @ Mar 14 2013, 10:49 PM)
What's the best bank to place fix deposit for 10k ?

6month or 1 year is OK for me,any suggestions??
*
Have you referred to the first post? There are quite a number of FD promotions that suit you there. smile.gif
shankar_dass93
post Mar 17 2013, 11:13 PM

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Greetings guys, i was planning to place some money in FD with OCBC after doing some reading and comparing the rates. My question is does OCBC and OCBC Al-Amin practice the same rates on their FDs and Smart Savers account ?

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