There is reason why some other willing to put in lower FD rate one, but the target is better service.

Those hassle and time, could be more valuable that extra money (a few 0.x% from FD) that cannot buy.

From my experience, there a few banks always facing offline issue intermittently, while some very rarely occur.

Until now, I still cannot brain that bank running ten or hundred of billions asset, billion of transaction each day, cannot ensure offline issue become minimal.

I heard this offline issue from 90's until now, still facing offline issue from time to time, even though technology has advanced so much in the last 10 to 20 years.

While there are banks that I never encounter offline issue before, despite banking with them more than 10+ years.

Foreign bank one.

a) it depends on the bank system.
Some don't allow interbranch withdrawal.
Some restrict the amount of interbranch withdrawal
Some are ok, (particularly foreign bank, whereby most of them practice cert-less FD system).

b) As far as I knew, as long as it is own/same account, most doable.

It depends on bank system, some can, some can't.

Shareholders in a sdn bhd, or bhd company are not liable to the liabilities of their company.

So we cannot say it is "protected" by EPF, even although EPF is the largest shareholders of the company.

Need CASA earmarked combined one.

I do not understand why banks nowadays want to make thing so complicated, sometimes, T&C needs to reread 3x also blur about it.
FD is always simple, how much real effective rate is. That's all!

Tier step up rate, CASA earmarked, investment combination....

How about guaranteed payout, but principal is not guaranteed?

It is impossible to have structured product or any structured product on Klibor that can guarantee some return rate more than OPR or FD rate, while principal amount is intact/guaranteed.

Bond is guaranteed to pay you the coupon yield of it, (as long as they are not defaulted), but bond price in the market is not guaranteed.

Same like stock, most blue chips and dividend stocks consistently pay dividend every year without fail, but stock price is not guaranteed.

From my own experience, many RM out there are not professional enough (some may indeed good, not to say all are the same) and a lot of time lack of proper knowledge in investment field.
An experienced investors/clients may have better knowledge in investment matter compared to them.

Many RM behave like salesman instead of giving proper advice to clients.
In fact, my view, RM just a nice name, in other day, can be called as sales person as well.

My own experience on no less than 5-6 RM I had met.
Only show up when you interested in invest into something that they can earn a commission,
or keep on promoting some product that can earn them a performance boost.

Want to put FD one, then they don't bother, need to do myself. (as no commission on FD deposit)
Want to sign up structured product, buy UT, insurance etc, come to your office, very nice.

RM or no RM, it makes no different at all.

Some 250K,

All banks have it.


No.

NID is not a bank FD, technical it is different with FD.
It is more like structured product.

It is like you give bank a sum of money to invest into whatever as pre-determined investment product.

Can't compare like that.

FD 4%, no matter how the bank is doing, loss or profit, depositors are guaranteed to receive 4%, while shareholders none guaranteed they will receive dividend or not.