Then letter from BR is charging what card ?

Did you do rentas at BR before ?

My maturity date is on Friday, Giro received in the evening means I can only do placement on the following Monday. I will be losing 3 days interest. Not going to argue with RHB when the fund doesnt reach in time as it will be my own fault.

Those placing fd with RHB, does the bank accept banker cheque and consider the placement date on the same day itself ?
Going to uplift in cash and going to nearby Affin for banker cheque.

Thanks. I do have current account.

However already informed BR to prepare cash for me so proceed with banker cheque option.

Thanks Captain.

If FD maturity date falls on weekend , do auto renewal date starts on weekend ?If there is no intention of renewing it albeit to board rate, but there is prevailing auto renewal instruction, so upliftment on the following workday, will it be considered early upliftment of the new period ?

Thanks.
Just got rusty as hardly move my funds for some time. I think we do have the same configuration ie deposit with BR, Current Account with MBB, new placement with RHB. However info came too late, as already instruct BR to prepare Cash so must be prepared to carry out whatever I have already decided. I dont like sudden changed of plans, very superstitious.

parmin welcome to the club


This post has been edited by magika: Nov 12 2014, 02:56 PM

Oops, just remember why I dont want use it this way. IBG after 9.31am receipient bank supposed to received by 5.45pm. This means when we issued cheque for FD placement, our Current Account does not actually have the funds yet. We are assuming that there is no problem in the IBG process. Normally there would not be any problems, but thats not how i operate. I dont assume anything. Thanks anyway.

This post has been edited by magika: Nov 12 2014, 04:07 PM

I did receive the info but did not realise its meant to be be upfront interest. BR communication with its branches is so bad that none of the branches attempt to promote it. However this time not really interested as will be moving my funds all out provided there still is competitive promo. Thanks

Latest offer almost equivalent to 4.16%.

bbgoat I remember last time BR did not charge me for IBG.
Over the counter supposed to be RM0.30 only, free for senior citizen and OKU.

This post has been edited by magika: Nov 12 2014, 08:07 PM

IBG charges are stated on their website, print how much also nevermind as you rich tauge

I just went this morning and the ABM said no more nego rate, nevermind also as not really intend to renew. As long as other banks got competive promo then ok if not go back BR. 'Where there is shade we shall sit' no need loyalty


This post has been edited by magika: Nov 12 2014, 08:26 PM

Any schedule for Rentas ? Never done it before. What i read it just mentioned same day.

That we also heard but need confirmation from those using it before. Google it but there is just cutoff time for same day transfer.
Maybe previously IBG (giro) needs longer time frame but now IBG is also same day transfer with respect to cutoff times. So wonder whether it is still relevant for normal customers.

Maybe our bro cherroy can shed some light.


This post has been edited by magika: Nov 13 2014, 08:04 PM

Thanks bro.

Am in Bank Rakyat trying to perform Rentas, initial reaction staff extremely unhappy. However I regard this as a learning experience and will update the process later.

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.

This post has been edited by magika: Nov 14 2014, 10:32 AM

I was informed by customer service that it is at RM5 for cable charges.

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

It should be Head Of Action Xmitee or HOAX

3.95% for 3 months ? summon bbgoat to investigate

Actually which bank is competent ? I do have grouses with OCBC and Maybank also. But bear in mind that BR is not a truly commercial bank , so no real exposure of the real world, a kampong bank.

What again ? Only deposit once with RHB.

Captain, change the world if you can, if cannot learn to live with it. Let me dig some dirt on RHB first ..

My my my audit me liao !

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

I think there will be more good things to come from BR. One of their staff called me just now. It seems they are having a post mortem on their dropping deposits ( cause bbgoat withdraw) . Their enquiry based on how much other banks seem to be offering to enticed our mass withdrawal.

PIDM protection is based on one account per bank. Conventional and Islamic is considered as 2 banks though.

Its aptly described . I concur

There was some debate back then as the example shown only muddled matters.

Just spread it around as without PIDM = no wonder no nego rate

they swim in shark infested waters i imagine

I dont believe in Bernas monopoly so i dont eat rice

Young man, dont be afraid to make a stand, BR or not its upto personal preferences. MBSB also same loan to civil servant. In fact all banks have personal loan not only for civil servant but everybody. Only few banks have the angkasa auto deduction priviledge though. So boycott certain banks to benefit other banks ? Wat same % pa ! Must start boycott certain company even have loan for pots and pans.