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PIDM, Perbadanan Insurans Deposit Malaysia
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cfa28
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Jan 27 2014, 10:32 AM
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QUOTE(enriquelee @ Jan 27 2014, 10:28 AM) "The maximum limit of coverage is RM250,000 per depositor per member institution" Is this mean if we deposit 250k in different bank, it is still cover under PIDM? Yes, the key is to spread your deposits to different Banks if u have so much Money to deposit.
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cfa28
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Jan 27 2014, 10:46 AM
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QUOTE(HuiChyr @ Jan 27 2014, 10:38 AM) This is the weird part.... what if u hv 30million (i don hv la) jst as an example.... Companies/individuals gonna go bankrupt?.... If got RM crisis... in the end ... every Msians gonna be equally rich/poor? Or.... rich folks and companies gonna dump the RM even more? what's yr opinions? the RM250K is for individual deposits. I was told there is no Cap for Corporate Deposits cos Corporate Deposits cos cash rich companies like Genting, Petronas, YTL, Telekom, Tenaga has Billions of deposits in our Banking sector.
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