Bankers cheque charges

AffinBank - a) RM5 inclusive stamp duty - amounts up to RM10,000 b) Free - Above RM10,000

Alliance Bank - RM2 + RM0.15 (stamp duty)

AmBank - a) RM5 + RM0.15 (stamp duty) for application via cash b) RM2 + RM0.15 (stamp duty) for application via debiting of account

HSBC Bank - RM5

Maybank - a) All types of applications except MIDF/MIH New Share Issue - RM5.00 Commission per cheque. b) MIDF / MIH New Share Issue - RM2.00 per cheque. Note: Stamp duty of 15 sen is to be borne by the Bank

Public Bank - RM 2 + RM0.15 (stamp duty)

RHB Bank - For General - RHB account holder: RM4.85+RM0.15 (stamp duty). Walk-in Customer: RM7.85+RM0.15(stamp duty). For MIDF/MIH Share Application - RHB account holder: RM2 + RM0.15 (stamp duty). Walk-in Customer: RM4.85+RM0.15 (stamp duty).

Standard Chartered Bank - Commision:RM2. Stamp duty:RM0.15.

source: bankinginfo.com.my

Have decided to place 6 months FD at 3.65% interest with BR & first time trying out their monthly interest payment.

Unfortunately, they said this month they have not decided to give nego rate somemore!

A new feature I noticed at BR is the 'Exclusive' carpet where they said you will be served immediately if you have deposits RM300k or more. No other benefit though.

Hwaaaa how you make lots of money from higher rate?

Did BR having eFD feature?

I'm back!!!

Just updated 1st post for AmBank, HLB, Public Bank and OCBC 18 Months. UOB no change from last month.


OCBC just revised the term and condition of the 18 months Promo.

Wow, which location is that ? In Penang I did not see it in the branch that I went to.

Me small fish only unlike others who have way more than I

No wonder. I was wondering if there might been a mixed up but you weren't one to mix up things like that.

Any update to your Best FD blog post?

How come you guys forgot what I posted earlier where I had to waste RM2 for your benefit. Nowadays GIRO funds transfer can be same day and it's really freaking cheap if you have online account where you will be only charged RM0.10 (cheaper than writing a personal cheque)! Over the counter, transfer of funds via GIRO it will cost you RM2.

Once again, for those who missed (or stubborn not wanting to read earlier) my article on GIRO fund transfer, click here to my article A Little Bit Of This and A Little Bit of That Vol.1, Chapter IV and learn what is the cut off time for same day transfer and how much amount you can perform online and over the counter.

Yes, I updated my Fixed Deposit Promotions Page and same time Page#1. So basically you will see the same promos but for those new to OCBC Saving Deals where they offer 4.3% 3 Months FD, I do recommend you read my comments at my blog.

Certificate No.	xxxxxxxxxxx
Account No.	xxxxxxxxxxx
Account Holder Name	xxxxxxxxxxx
Product Name	AKAUN DEPOSIT-I BERJANGKA
Description	My Shares

My cert with product name as above is not affected by this "1st of month interest crediting" change.
Can you share the product name and description of your Mubeen FDs that were affected?

Hello all expert in FD,
My FD is going to mature next week. Shall I withhold the fund first until BNM announce the hike in OPR ? Maybe later all banks may offer much more attractive rate or shall I just place my $$$ in other banks without wasting any time. Kindly advise. TQ

You have to decide yourself based on the amount and other reasons. One way is to put monthly or 3 months short term FD while waiting for the OPR to change. But definitely have to put somewhere to get some interest first.

Just walk in RHB bank and staff told me RHB Latest promotion until August 3.7% yearly.any bro/sis here heard about max cash account from them can earn up to 4.25%/yearly?please advise me,if not suitable to discuss here can discuss my open topic https://forum.lowyat.net/index.php?showtopic=3250037&hl= Thanks!

This post has been edited by iloveusms: Jun 7 2014, 12:47 PM

Thanks for the advise.

Bank Rakyat is offering the best rate in town.
However cannot link to Internet Banking so
very difficult to personally go-to-and-fro.

FD is for capital preservation with higher return than Saving A/C
Once its done, focus your time on other ways to grow your wealth.

What do you mean by:
"However cannot link to Internet Banking so
very difficult to personally go-to-and-fro."

Do you mean eFD ?

bank rakyat can link to ebanking

Ya, a lot of us are using the e Banking facility there. I was asking him if he meant no eFD.

BR's ATM won't even accept my phone number.

wat ur phone number?