Once I was charged rm9 for rentas, but can't remember which bank.

Standard RENTAS charge could be RM 2. Some bank used to charge it for RM 4.

Update on RENTAS  at Bank Rakyat.

Not having the experience of using RENTAS plus lack of info on the net, so decided to perform it on one of my FD upliftment at Bank Rakyat. Staff at the bank rebuffed me on the use of the facilty so left with no choice, i called their customer service, after a bit of my stern lecture, customer service facilitate by arranging with my branch.Was informed cutoff time before 11 am contrary to existing info.

Went to the branch, immediately saw unhappy faces at the counter and backoffice. Counter officer informed me that normally only allowed for fund over 300k, that is questionable, but this time i let it be. However , need to write request letter to bank on the spot requesting to RENTAS my fund to receipient bank. No standard form means , maybe, i am the first individual to use that facility. 

RENTAS is immediate real time transfer. How i know ? Immediately after being handed the transfer statement, i login my receipient bank and available total in full is shown. 

Summon bbgoat

How much it cost ?
Nil or RM0.00 , maybe due to FD upliftment or maybe officers afraid I will lodge further complain. 

Once I was charged rm9 for rentas, but can't remember which bank.

Update on RENTAS  at Bank Rakyat.

Not having the experience of using RENTAS plus lack of info on the net, so decided to perform it on one of my FD upliftment at Bank Rakyat. Staff at the bank rebuffed me on the use of the facilty so left with no choice, i called their customer service, after a bit of my stern lecture, customer service facilitate by arranging with my branch.Was informed cutoff time before 11 am contrary to existing info.

Went to the branch, immediately saw unhappy faces at the counter and backoffice. Counter officer informed me that normally only allowed for fund over 300k, that is questionable, but this time i let it be. However , need to write request letter to bank on the spot requesting to RENTAS my fund to receipient bank. No standard form means , maybe, i am the first individual to use that facility. 

RENTAS is immediate real time transfer. How i know ? Immediately after being handed the transfer statement, i login my receipient bank and available total in full is shown. 

Summon bbgoat

How much it cost ?
Nil or RM0.00 , maybe due to FD upliftment or maybe officers afraid I will lodge further complain. 

You're the man     

Compliments from the captain... paiseh liao...

Compliments from the captain... paiseh liao...

Off topic a bit

From reading the posts by you guys, I feel that Bank Rakyat is really not that competent.

U comfortable placing so much $$$ with it?

You're my hero man 

You are now Head of Action Committee    which fight for rights of small guys against the big boys.

To ALL:

I received a SMS from RHB today but did not bother to go see my RM and the tellers don't know about the promo:

Enjoy Interest Rate up to 3.95% p.a. for our 3-month FD today! For info, please contact your relationship manager. T&C apply.

Off topic a bit

From reading the posts by you guys, I feel that Bank Rakyat is really not that competent.

U comfortable placing so much $$$ with it?

Cannot imagine you paiseh .....................

You are something to have called, write-up to get what you wanted. Zero fees for RENTAS ! 2 days ago I did OTC IBG in BR at RM2. 

So, where did u move the bullets, to RHB again ?

hahahaha, this is really funny.

But what you say is true, some get charge for IBG and my hero pays nothing for RENTAS.

And then some have to call their BR branch to have the monthly interest credited into their account!!

And with the fake gold fiasco where BR lost tens of millions and 0% interest loan to carpet man worth hundred of millions (which BR had to cover their ass by putting out a statement that Islamic Banking got no interest charges!!!), many still have full confidence in the co-op bank.

And to answer your question, not on their behalf, greed makes them blind PLUS their money is guaranteed by the Rakyat.

RENTAS charges (that I know and used frequently):

HLB: RM14
RHB: RM7
UOB: RM9

Off topic a bit

From reading the posts by you guys, I feel that Bank Rakyat is really not that competent.

U comfortable placing so much $$$ with it?

Did you notice immediate xfer of fund as reported today ? 

My my my audit me liao !

Bro Ah Goat , got investigate captain 3.95% 3 months thingy ah....

Did you notice immediate xfer of fund as reported today ? 

HLB RM14 for RENTAS !
Well, I split out my funds across various banks. BR is just a small portion. BR may not be that "competent", but don't we all have problem with diff banks ? It has its good points other than higher interest rate (though not that attractive recently), monthly interest and others which some of us know.

Some of us may not like BR for diff reasons. But we take what we think is legal and right. OF course it comes with risk and insurance by who ?   

Once I was charged rm9 for rentas, but can't remember which bank.

UOB charge for RENTAS RM 9 lol, usually FOREIGN BANK charges higher..but HLB RM 14 

Aiyah, I thought you rich guys depositing with BR will highlight one very important point but did not:

Commercial and Foreign Bank with PIDM only up to RM250K per account type of your money is "guaranteed". So very troublesome go open many accounts with same bank and other banks.

BR - money guaranteed by the Rakyat, deposit RM100M also secured!