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 Fixed Deposit Rates in Malaysia V7, Please Read Post# 1 & 2

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LostAndFound
post Oct 19 2014, 09:38 PM

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QUOTE(nexona88 @ Oct 19 2014, 07:59 PM)
reason for not allowed? rclxub.gif  it's our money for god sake..

or they worried we bring illegal money  hmm.gif
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Fresh funds is different from take out and put in. Its just how strict the bank/person want to be. Maybank rewards people who bring money from Public Bank, but if your money already in Maybank they don't want to reward you.
LostAndFound
post Oct 29 2014, 08:04 AM

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QUOTE(aeiou228 @ Oct 28 2014, 08:43 PM)
Eh ? 180 degree U turn pulak? You post#1296 said want to factor in this and that, now want to keep it simple pulak ?
For your info, size of deposit has no relation whatsoever to calculation of FD effective yield.
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I disagree. Those (like me) placing minimum amount of RM10k, the petrol and time we spent is a significant percentage of the returns, while those placing RM100k or above, those concerns much less.
LostAndFound
post Nov 14 2014, 04:49 PM

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QUOTE(Gen-X @ Nov 14 2014, 04:48 PM)
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!
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Conjecture only, see suddenly change top man these 'guarantee' can run away also =p

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