When a FD maturity date is stated as 1 march, then you can uplift the FD on 1 March itself together with interest regardless of any Bank.

thanks for reply,but according view to my rhb account,rhb only credit the interest on the next day of date maturity.so abit confuse,maybank credit on the maturity day.Thanks!

As I read further, only 3 types of other account enjoy separate protection. They are Joint Accounts, Trust Accounts and Accounts held by sole proprietorships, partnerships, professional practices and companies.

Means FD, Conventional CASA or Islamic saving etc under same name shall categorized as one. Unless stated otherwise.

This post has been edited by herc: Mar 19 2014, 05:02 PM

yes this is correct. this is what the information from PIDM mentions.
davinz18 should get his facts right before flaunting his knowledge.

Was it a FD renewal ? If FD renewal, interest must be credited on maturity date.
I guess yours is crediting of FD interest to your CASA.

it's FD renewal and the interest not credit into CASA,the interest add in to the FD principal on the next day of maturity date.

Seriously ? In this case, RHB bank is short changing all its FD customers 1 day interest liao. You very sure ar ?

Okay. it's my mistake

I'm no expert, okay Mr. Berkshire Breakaway. I'm juz sharing what I know. It's may be correct or not. You need to do own research to confirm my information given

Read 1st post disclaimer. I'm not responsible to any misinformation given (it's not only applied to FD rates, but any other information as well)

According to the source, BR is the country's largest Islamic cooperative bank with good growth record and sound financial standings. Makes me ponder even more now what triggers them to revise down the FD rate?


It's 4.30%

The latest board rate for 3-year & 5-year FD is 4.15% & 4.40%

Even with the rate been revised down twice since last year, BR's FD rate is still higher than everyone else. The only exception is their 5-year rate. For this particular tenure, BR eats MBSB's dust. MBSB offers 4.70%


Are you referring to eFD?

Haha..no choice, have to work hard only can light up my career in future.

Lol, for me I won't shy to share out my name card. As long as there is a 1% chances for me to get any business or build relationship with customer no harm for me to try.

From my side's, is actually OPR in quarter 2 might be increasing so in order to defend our profits we have to reduce down the interest rates. However, it's depends on curtain banks also. For example, UOB reducing down the interest rates for this year 2014 and more focus on building CASA. Hehe..

it's UOB

ha haa ha OUB new bank???

it's "old" bank bought over by UOB
http://infopedia.nl.sg/articles/SIP_1787_2011-02-24.html

OUB Bank! That reminds me of my dad. He calls it that way

haha only oldies rememberr OUB. No wonder did not see it for so long.thanks

I also don't know about it, but it's sound so familiar. So juz google it & found the info

Now only I know such bank existed

OUB,UOB, interesting!One bought the other.OLD bank lives!

I jsut went to Bank Rakyat branch and was told that fixed deposit rate had been revised again,

1 year will be given 3.90%, is that applied to all branch hor?

No wonder my dad always say OUB. Must be his time he had account there also.