We welcome 2 new members: besiegetank & flyingteeku   

Members Recruitment for FD Group Deposit Campaign
Objective: To consolidate all members' funds to bargain for a better FD rate with the bank
Minimum FD deposit: RM 50K per member
Target total FD amount: 2.5 million or more
FD Tenure: Tentatively 1 year
Recruitment Deadline: 31 May 2014
No Obligation: Members can retreat anytime before we negotiate to the bank
Prohibition: Members who registered after March 2014 or less than 300 post counts are not allowed to join this campaign

Disclaimer: No guarantee will success in this group FD plan

Participating Members

Members Ok without PIDM (10)
bbgoat
HJebat
gchowyh
plumberly
tbheng
guy3288
helob
McFD2R
besiegetank
BoomChaCha

Members want PIDM (6)
bearbear
munkeyflo
Nostalgia
MNet
wodenus
flyingteeku

Now we have 16 members, total RM 800K

Plan (my brain storm only)
(1) Consolidate at least RM 1 million fund from all participating members.

(2) Appoint representative to negotiate with the bank.

(3) As suggested by Warrior HJebat, after bank says OK, then representative generates and PM confidential code (for bank to  recognize members' identities purpose) to each participating member so that members can place their FDs at special rate by submitting the code to the bank. Each member will get one unique code only.

(4) Members can place FDs in their local bank branches.

Any suggestions are very welcome..Thank You

Handsome, what do you mean?
I am not from the bank.

We gather all funds from participating members to negotiate with
the bank for a better FD rate. But no guarantee of success on this plan.

Do you want to participate?

At least 1 year lor..
It is hard to negotiate with the bank if less than 1 year tenure.

Do you want to participate in PIDM group...?

Wow, this one is worth 4 persons, with 200k for PIDM group.