Nope, i said only want current acc and fd.

I know they want to sell my Unit Trust....lots of promotions actually, but i said no.

Got one is 5.5% 3 months for FD, but must buy selected UT, something like that.

Depending on whether it is a cert or a receipt type. If cert then there should be some payment.

Some banks need you to make police report and then sign Indemnity form.

Some just need to sign Indemnity form.

You call bank to make sure.

Then u are lucky. I recommend 3 relatives to Premier Banking and all 3 got stuck with useless builder product.

what is builder product?

RM mentioned Unit Trust, Savings Plan...etc...i said only CA and FD, i think he know i was going to walk.

Which branch you use? I use the cheras one

As some have answered you, it depends on the bank. UOB do not require the FD cert. Just your IC will do.

Its a form of saving plan, dont touch it, after a few years gurantee regret. Not going to go into specifics.
8

waaa so teruk ah...why ocbc sell something like that...

their standard not very high meh

Almost all banks have it in one form or another.

Aaah ok. Thanks for the heads up.

Too bad it's CIMB. I didn't recall I got the cert also....
I've called the CIMB branch. No need police report. But they will impose a Charges for the stamp duty.... RM20. Damn it!

okay la only rm20.. if they charge rm50 or rm100 then how

quick quick take out & get preferential rate from maybank - 'cos you are ex-cimb customer hahaha

Most of the time, attractive promotional FDs are based on auto-renewal basis (board rate) is it? I tried asking for non-auto renewal and OCBC previously told me unable to as it is part of their T&C for that particular promo. So meaning on the day of maturity have to personally go to bank & withdraw? My half day leave gone leh.

Any promo that do not insist on auto-renewal back to board rates?

I would think all promo will go back to board rates upon maturity. Even if they held another promo during the maturity period, if you do not uplift and redeposit, then it will go back to board rates. Its one of the reason some banks insist on fresh funds, so could not uplift and redeposit back without hassle.

Looks like CIMB+RHB+MBSB merger is going ahead.. no wonder Maybank trying to attract money from these 3..

we thought the merger will reduce competition, maybank think otherwise

Yeap, that's why i will withdraw once matured, send to CA, go other bank ask for promotions.

Good to have few CA with few banks, you can keep rolling in and out. 3 is enough lao...i put max 6 months and make sure they all mature different months. That way you get % every month

MBB branch manager was talking to me today and said they target one year to overtake the merger and becomes the biggest bank in Malaysia once again.