This should vary between branches as they would have a limit for number of hampers, total cost, top depositors etc. You know what I mean, right ? 

anyone using internet banking other than Maybank and CIMB and foreign banks??

Is it possible to do an FD deposit via internet banking of these local banks? Example, Ambank, Affin, BR, Alliance etc etc ...

Does it applies to the 36 mths fd promo?

Where did you get this news from..? 

different branch different rate?   

What do you think of Section 14 branch service?

So, confirmed that BR dropped their rate ? I was last there in late Jan collecting 2 hampers (but later found the items are just cheapo only). Gift wise, last time the counter staff can give it out but in Jan it was kept by the ABM. Cost saving ?

Their nego rate was raised from 50k to 100k and now no more nego rate ?   

But the ABM told me they are reluctant to give higher nego rate for 1 year, will consider for 2 years or more to give higher nego rates. 

Oh, the DU branch! I went around late 2012, the lady boss, I guess the ABM or BM, said no nego unless big sum like 500k.  I straight left without asking further. 

I SMS'ed BR's ABM. Confirmed gchowyh's info and my post above. BR has reduced 1 year rate to 3.9% and 5 year rate to 4.5%. Nego rate for >100k still available but only for 2 years and above, max 0.1%. But condition is have to put 5k into SA and hold for 1 year !  Just checked their website, the ABM may mean >60 months, is 4.5%. Their website is showing >60 months, 4.55%.

The SA thing makes the nego rate not that appealing unless you put larger amount into the FD.    

Since Nov last year, the ABM has been hinting to me that rates may go down, which I did mention in my earlier post before. Ai, this guy seems to be knowledgeable ! 

Erm, there's a BR branch in Kelana Jaya. I heard from my family that the staff there are quite friendly but their services can be very slow 

We can request davinz18 to put this campaign on the main page.
Members who are interested can PM; of course not all members can join, they will be filtered & selected
to make sure they are trustworthy, serious and genuine.

Location wise is easy, we can send one member to talk to the bank that we will place a big a mount of FD
in their branches nationwide.
Pressure from high cost of living lately.. 
We will select the members, I personally know who can be trusted in this thread.
New members cannot participate.

This is only my imagination, 90% of chance this plan cannot work out la..
But couple hundred years ago, going to the moon is imposable..
I guess 50K to 100K is quite common for FD in this thread.

I had a dream last night our moderator closed this topic...

My ideas to your questions:
1.
I think at first, no necessary to inform to the bank about the names of the depositors, we just need to tell the bank that we have this amount of money to place in FD from around 50 people. And we will put down terms and conditions that members who are in bankruptcy status and CTOS issue cannot participate.

To protect members privacy and safety, we will never know members real names and lowyat user ID, and we will not know how do they look like. that's why verbal communication to each other is prohibited.

2.
ah.. this is the problem la. That's why all members have to be serious about this plan..
But when we request for minimum RM 50K from each member, actually each member can put more than RM 50K. This part needs time to think and work out ..

3.
Individual depositor..? 
Yes, each member will get their own FD cert based on their own names and monies.
So if 50 members, banks will need to issue 50 FD certs.
I think the bottom line is that bank can save time to receive the big fund that they wanted on
the same day rather than cost them money to run FD advertisement.

Please let me know if If I am not answering to your questions.
 
Really ah..    Ha ha.. Thank You
If all participating members agree without PIDM, BR is one of our targets..

You also may have missed my edited post #1835
Location wise is easy, we can send one member to talk to the bank that we will place a big a mount of FD in their branches nationwide.

For example, if you are in KL, then you deposit your money in one the KL branches, if munkeyflo is in
Sarawak, then she deposits her money in one of the Sarawak branches, and etc..

Yes, this is what we need to discuss with the Bank HQ.

  We will need to talk to the bank about this issue..But nothing is impossible. If impossible, we make it possible la..
This part can work out later..I think not a big issue

This can be done also just like what The Guy did, but provided if we have one member who has a good relationship with the bank, and all members will show-up on time with the correct amount of money.

gchowyh has a good point about this issue..

The Guy is always diving under the water like a submarine, since we do not have hi-tech
communication radio, how to contact him?

I do not dare to drop him a bomb, who knows he has a hi-tech missile to attack back..  

Top Goat can help you on this..

You have to say :"I already have so much xxxk with BR, though this is <100k, but total will be ...."
or "I have plan to put in 7 figure sum (borrow from Boom Boom Boom), so this is the beginning, .............."

Ha ha, please read the earlier post that I reply to BCC. BR wise nothing is concrete or written in blood. They may have a set of rules but it can be broken at branch level, at least. So they may have set 100k as nego guideline, but as BM can still give 0.05% extra, you can ask for it. I did it recently and got it for way lower than 100k.

Good luck ! 

Oh, another person you can ask is the Special Guy, he may be reading/listening under stealth mode ....................  

Did the teller explain to you why we need to place FD in the same branch? 

Need help from those who have done this.

My wife says one can still get half of the FD rate (for the earned duration) if one withdraws prematurely but after a minimum of 3 months.

True?

Thanks.
P/S

Did a search on the web. Found this which answers my query (taken from MB's website).

Terms and Conditions on FD premature withdrawal

The payment of interest on premature withdrawals of Fixed Deposits' (FDs) before maturity shall be subjected to the following Terms and Conditions:

1. No interest shall be paid on any 1 month, 2 month or 3 months tenure FD that has not completed its respective full tenure period.

2. For FD's with tenures exceeding 3 months no interest shall be paid if the Fixed Deposit (FD) is uplifted before the completion of the first 3 months period.

3. Other than the circumstances mentioned in (1) and (2) above, interest is payable only for the completed period of the funds have been deposited as below:

The rate payable for a Fixed Deposit uplifted before its fixed maturity date shall be half (1/2) the original contracted rate for each completed month.

For example:

Tenure: 6 months tenure
Amount: RM50, 000
Interest rate: 3.10% p.a.
Completed period: 4 months 12 days
Interest earned: 1.55% x RM50, 000 x 120/365 or 366 (if leap year)
                      : RM254.79

You mean each member commits at least RM 150K? 

Ya lo...but we can always use bbgoat's method (#1975, edited...but gchowyh managed to capture the unedited secret method ).

The only concern is how many members are willing to reveal their FD amount