Hope Standard Chartered extends their promo till Monday 22 Sep as I have no bullets at the moment.

Hi aeiou228,

Thank you for your advise. No, your reply did not reach me but I appreciate your effort to let me know, I have done the Rentas transfer. 
If what you say is true, the SCB Saadiq officer have given me the wrong info. 

Anyway, the bankers cheque issue by KFH will cost me RM3.00+ (around there), so I'll be paying a little more for the "Rentas" transfer.

same thing happen to me on Monday, reached the bank at about 3.15pm with a bankers cheque and they asked me come back on next working day. since yesterday was a bank holiday i had go again today, there were only 2 customers ahead of me when the bank open this morning to place the FD and both of them were asked to open Just one accounts with RM500 deposit. took them like almost 2 hours to get it done.   i was lucky as i just reactivated my dormant e-savers with RM10 and proceed with FD placement which again took 40 minutes.

around
since it is 4.25 p.a so the remaining 3 months 4.25 divide by 12 x 3 equals 1.0626, add them all up is 5.31%

Yes, I just accumulated all available funds and hit it at a time, this could save my time, money and energy.
I hate to go to bank many times..
No really..let's see the "cuaca" first..
Many things can happen in 3 months time.. Relax first..

To add more confusion
Assuming FD amount is RM100.

RM100 x 4.25% x 15months / 12 = RM5.31 

confuse with the monthly..
My understanding like this.. correct me if i am wrong..

if put 3month with 3.15% rate with RM100 the math like this

100 x 3.15% x 3/12 = 0.78% mean rm0.78?

Genius calculation... 

Ah Goat,
Ah gchowyh mentioned that he did Rentas (for individual) and his
recipient bank received the fund on the same day.

Please read Post #69 on Page 4 which was posted by Ah gchowyh
https://forum.lowyat.net/topic/3341150/+60

I think you should be able to place your SCB FD on the same day if you can
go to BR at 9.30am.

If you want to wait for the result from BNM, then you will lose one day interest,
and you may lose the opportunity to place 4.25% in SCB.
Don't forget, we only know the BNM result in the late afternoon.

Even if BNM announces OPR increase on 18 September, then how?
Where do you want to put your FD for short term?
And how long do we need to wait for the new coming out fantastic FD promo..?

If you want to wait for other banks to react to OPR change to come out with new
FD promos,  you have 2 options to place your 3 months FD:
(1) Am Bank 3.5%, 57 winners get 8.31% for 1 month, valid until 19 September
(2) UOB 3.7%, 92% in FD, 8% in CASA and hold for 3 months, valid until 30 Nov

I suggest like this:
(1) Go to BR first thing in the morning and do Rentas (Aiya..I forgot to ask you to open
one saving account first in SCB.. )
(2) Call your SCB branch to inform the RM that you will be coming to place the FD,
and you insist your FD has to be placed on the same day, get the RM name and mobile phone
number so that the RM will scare you and hormat you..

Conclusion:
I think just go ahead to take this gamble to place the SCB 4.25% first, we have many members
here to accompany you, including me.

Just pull the net when can catch some fishes lah..  
But if big fishes appear later, please do not blame me..

Good Luck.. Ah Goat  

Hi bbgoat,

I'm the one who did the RENTAS transfer yesterday from Kuwait Finance House to my SCB account. It was about 12.45pm when I did the transfer at KFH, they told me that it will take about an hour. So when I went into SCB at 2.15pm to check, the money was already in my SCB account. Cost of transfer was RM8.00.

This morning went to SCB for the FD placement, it really took the service officer about half an hour or more to process the FD.

Ah Goat, Have you placed your 4.25% FD with SCB today? Or tomorrow? 

Oh..Rentas could not wire fund on time meh..?
I think tomorrow should be available la..
RM 300 M is a very big amount, I doubt can hit this target within 9 working days? 

RHB FD Promo, forgot to ask valid until when? Min 10K fresh fund
3.80% for 6 months
3.85% for 9 months

So you win...

But do not understand why sometimes when withdraw FD, bank will ask where am I going to bring the money to?
Is it a Bank Negara requirement?

Have you thought about your back-up FD plan if in case cannot get the SCB 4.25% tomorrow?
I mean if the quota is full before we reach SCB?

I think it is better to call SCB RM first for "reservation" before we go, so that we do not need
to go there for nothing..

I am thinking maybe my back-up option is Am Bank 3.85% for 5 months, what do you think?
They are not only asking, but also write down what I say on a paper..
But most of the time I will lie to them by saying that I want to buy a car for down payment..

This is quite nonsense to ask "what is the purpose of withdrawing the FD"..?

the lenglui who handled mine said end of the tenure wor..i got a feeling your consultant is more accurate
This is the requirement for JustOne 
Deposit minimum of RM1,500 in a single transaction into JustOne Personal Current Account monthly (fresh funds).

https://www.sc.com/my/save/savings-justone-personal.html

When I placed my 15 months FD with SCB this afternoon, the SCB staff who helped me to place my
FD said that the next OPR shall raise before the implementation of GST next year.
If OPR raise after the implementation of GST, this will make the economy worst. 

I opened a just one saving account without deposit any money, and without a saving book..

The SCB staff said, to open a Justone saving account & current account (no charge if not request for
a check book which cost RM 7.50) was the only option to bundle with this FD promo.

According to him, I will receive SMS about this Justone saving account, but so far I have not received any
SMS. I only received one email about the introduction of SCB eStatement...

Now I do not even know my SCB Justone account number..?
Do you have your Justone account number?

The same to OCBC staff, this SCB leng chai staff was selling extremely hard to his 3 years Corporate Bond which he
claimed that could yield 5.3% p.a. return..

He was very energetic to explain everything about the corporate bond and he could talk about it non-stop for almost
2 hours.. , but when I asked him about Justone saving account, he became no mood..

And about the FD interest, he said interest would pay upon maturity. But I am not sure this is a right answer or not..?

In overall, his service was excellent to explain about his corporate bond; but he was not serious to explain about FD
and saving account. I rated him 5 out of 10.