Does Alliance bank pay interest for non working days?


Alliance Bank, 4% for 6 months and 4.15% for 9 months. Min 10k of new fund. From now until 31 Dec 2014.

Ah Boom Sir, will still do it early next year. All because of the better rate offered.

To deposit few days before end of month ? Thanks to Double Magic for the tipsie !

Double Magic Sir, move RM overseas ? Never in my mind for this type of action. Sophisticated investor, Double Magic Sir !

This post has been edited by bbgoat: Dec 11 2014, 12:15 PM

As mentioned, Uncle is kiasi & kiasu, Uncle don't buy stock

I do not think now it is a good idea to move RM to oversea lah, unless got kid study oversea.
Singapore, US FD rates are low, I would rather to keep RM here to take advantage of the
going-up interest rate.

why "If hesitant then only considered later half of the year" leh..?
Scared about what leh..?


Oh... You know all the lubang to gorek money.. quite steady..
Yes, I noticed AUD has less volatile to against the recent depreciation of RM.

I do not think so. I think each bank has different policy.

For example, my SCB FD will mature on Saturday. SCB does not move the Saturday FD maturity day to working day.

So, when this FD matures, it will auto renew on Saturday for another new 15 months FD, therefore I have to request
SCB to put my FD principal + earned interest to my SCB saving account upon FD maturity so that I still can earn at least
1 day interest in my saving account after I make withdrawal from my SCB saving account on Monday.

I think I prefer this strategy because of the advantage of earlier FD maturity..
I am still expecting the interest rate will go up again soon during next year...

Is this eFD? or regular FD..?

The SMS didn't mention. But I think is e-FD.

We need to hormat Double Magic for sharing this to us..

Move RM to oversea..? This will cost money in currency conversion and processing fee.

OK, Thanks

Hmm.... any difference?

eFD no FD slip like regular FD?

Instead of 3 months 3.85% from UOB and OCBC, any other banks for min 10k?

UOB & OCBC located quite far from my place.

I have never placed eFD, So sorry, I do not have correct answer for you.
I hope other members can answer you.

PS:
Write down all your user IDs and passwords on a school exercise book (buku latihan), so that you will not lose your
IDs and passwords anymore.

Please check Post#1 & #2:
https://forum.lowyat.net/topic/3341150

Good Luck..

This post has been edited by BoomChaCha: Dec 11 2014, 05:03 PM

look at RM against SGD want to cry

look at SGD FD rate also want to cry

24m promo - 1.55%

Lol...

Actually i placed before the eFD, on Public bank... They will call you once the FD slip is ready in the bank. I was just transferring money from saving account to FD, done online. And few days later, they called for collection of slip.

I'm just wondering if those promo that need new fund, eFD still applicable?

I dont think that qualifies as eFD though. Thats conventional FD placed online. Maybank used to have that, not sure now, placed online then later collect cert. Online eFD placement is online, no cert ot receipt, upliftment online to CASA.

then should put into rubles 1mth 7.4%, 1yr 9.5%
.
.
.
and for the risk takers out there, it might... it just might be a good time to put in there ....

all time low now (see chart) put in for 2 yrs, sure rebound when mature

Is there any way to put FD in rubles?

master say man got big ball, sure got even big return

i can hook u up with somebody if serious

But u can only do that via someone personally present at that country Or you somehow have an account opened there before...

problem is how we can put it under our own name to earn that %?

I know once rubles FD gives 13% pa, and i'd put into that FD rate using USD..

waaaaa u put into russia before?

a friend mentioned in passing the other day. no, me small ball

maybe u can try hsbc

that time there was a FD promo, thereafter rate fluctuating between 7-10%

Well, that was before...quite some time ago

I'm just wondering how can we put into 'practice' here in malaysia...any idea anyone?

many msian medical student in russia

back from placing another FD with Affin for the 2yrs 4.38% p.a.

utilized IBG "fresh" fund from MBB >> Affin's SA which i did from Monday till Wednesday. Better than using MBB's banker's cheque @ RM5.


FYI, Affin has a new 6-mth FD promo.

6-month @ 3.90% p.a. Fresh fund with min. RM10k per customer.

This is better than its own board rate of 3.70% p.a. for 12-mth, but still lower than OCBC/RHB/AmBank/UOB/Alliance @ 4.00% p.a.




ps BoomChaCha, Affin pays interest if maturity falls on non-working days.

This post has been edited by cybpsych: Dec 12 2014, 04:03 PM