Ya, I saw you too. You must be the Pierce Bronson look-alike carrying a big brief case with RM100 bills coming out at the side. Right? Ha.

Buying ASX units or tengok Ah Mui?

None of the above.

Like to know whether there is an FD (or something similar to it) for 1-3 weeks instead of month.

Why? Sometimes I have FD maturing but don't need it till 1-3 weeks later.

Thanks.

Thanks.

Had a quick look. More like UT than FD. Capital can become smaller? I would not want to risk my capital just for a few weeks of saving.

Cheerio.

Thanks. Will look into this.

(duplicate reply)

This post has been edited by plumberly: Jan 10 2014, 01:54 PM

Need your feedback.

I have one FD due at the end of this month. But I will be away for the Chinese New Year.

Either
a. I withdraw from a bank in another town (is this allowed?)
or
b. I pre-sign and ask the bank to transfer the amount to my saving
account in another bank.

Possible?

Thanks.

Happy, Rewarding & Prosperous Chinese New Year to all our Chinese colleagues here!

OK thanks.

Will check with the bank.

Need the money as planned in my budget.

Interested to know what is the rate for the saving account with high yield interest you mentioned.

Which bank has this?

Cheerio.

Thanks.

Will keep that in mind IF and WHEN I have that amount to enjoy it! Ha.

Cheerio.

For some sharing on the question I raised earlier ....

Called BR,
a. branch FD withdrawal is allowed but for max RM50K
b. pre-signed withdrawal and transfer to another bank are allowed!

So, I will do (b).

Another sharing here (= airing my frustration here!)

I mentioned earlier that I wrote a letter to BR asking them to transfer the FD $ to another bank account as I would be out of town on that day. They accepted the instruction , I signed all the required docs.

But the transfer was not done when I checked days later! I have one important payment due. So I have to run around trying to get some money and deposit it into another account for the payment.

Came back to Bintulu and asked BR why the transfer was not done. Answer was the officer called me to confirm the transfer. I was not aware of the call as I was busy at the airport. I called back later but no one answered.

I had a chat with the manager this morning on this poor service. My signed letter and docs were useless. Maybe that was just the officer's point of view that she needed a confirmation via phone.

So next time when you instruct a bank to do the transfer while you are out of town, ensure this is loop hole is covered, especially if this transfer is for important payments.

Cheerio.

Sharing some points from my recent event.

If the deceased did not have a will, then you need to get an administrator (with docs like death certificate, property/asset docs, family agreement to appoint this administrator etc). Check with govt dept on how to do this.

Once the administrator is approved, then he/she can process the assets etc.

Cheerio.

AA
Even with administrator, it is weeks (maybe in Sarawak it is faster?)

BB
If both are still OK, then to avoid headaches later, might as well withdraw now. I did not know this is the case here.

Cheerio.

I think he meant a limit of 10K via internet.

Don't think there is a limit if you do that at the counter.

Cheerio.

I know I should ask the bank tomorrow but just eager to know now.

Is it possible to auto transfer my Maybank FD $ to my MB saving account on FD maturing?

Thanks.

This post has been edited by plumberly: Feb 18 2014, 08:39 PM

I have done that. See my thread earlier.

You need to write a letter instructing them to transfer the money to an acc at another bank, provide all the details.

For me they did not do it on that day as the officer wanted to confirm my instruction by calling me and I was not on the phone then.

On my return, I had a chat with the manager, complaining what was the use of my signed letter when they still need to a verbal confirmation.

Good luck with yours.

Thanks.

I assume that later if one wants to log in using a PC without the finger scanner, it is still possible with the password, right? Problem here is after not using the password for so long, one may forget it as one has been using the finger scanning.

On the hacking, surprised to know that it can be done rather easily without additional software or hardware.

Cheerio.

Doing some checking this weekend and noted that some of my FDs are missing. How do I know? I have a spreadsheet with the amount and due date. Cannot find the paper copies of the FD.

From your experience, what can I do with the missing FDs? Police report and then the bank?

Thanks.

Thanks!

Did not know that they can re-issue without a police report. Hope so, make my life easier that way. Will find out the bank's FD first and then cross check with my list.

Cheerio.

This post has been edited by plumberly: Mar 2 2014, 01:25 PM

For the FD group, please count me in.

PIDM or no PIDM, it is not an issue for me.

For me, main point is the higher rate, at least 0.2% higher than the respective national highest % (PIDM or non PIDM banks).

Cheerio.