But for EPF, you have to put the beneficiary name, EPF claims that they do not honor will  --> This is our Bolehland...

or no more loans/debt free ........ 

Wow....and here I thought life is hard!!
Salute!!

You guys should see they debate in property area about bubble coming up!!
With you guys here....I would say bubble my arse!!!

ok..carry on....lets get more FD details!!

Good day !!!

Today went to RHB and found out that the 15-mth step up promotion has closed from 1-Oct.

Uplifted my 3-mth FD with BR (after 2 time of renewal) and didn't notice they adjust the maturity date by 1 day later (for BR whenever maturity date falls on a holiday they will auto adjust the new maturity date to the next working day)...
I only realized after signing all the withdrawal and IBG forms...and they refused to change saying that the money already transferred to the destination bank.. end up losing interests for premature withdrawal by 1 day!!!

Painful lesson.. anyone has similar experiences before?

I am pissed off that the BR staff never reminded me of the new maturity date..

ohhhh that hurts! sorry to hear that . but i still don't understand how you could have prematurely withdrawn.

Sunday 5th was Aidil Adha & so Monday 6th was a replacement holiday nationwide. If you placed your fd on 5/7 or 6/7, the 3 mths supposed to mature 5/10 or 6/10 but BR will change it to 7/10.

And since banks only opened on 7/10, you could not have prematurely withdrawn IMHO.

Unless BR was open on Monday 6th at your location & you withdrew that day. I can only think of that possibility  or i missed something so obvious 

6. parking
7. transport - fuel/taxi
8. cost of ibg / chq
9. ???

hahaha no lah. most times we just react from emotion. if we stop to think about it, all of us will notice also  still like to know how it happened that way

actually hor ... i think they veli nice oredi. i dun have experience of maturity on non-working days with the big banks that covered by pidm & hence lower rates. I dunno but i guessing those big banks will not adjust your maturity to next working day. Why? hehehe they chiak your interest for the long weekend maaaaa 

Why exclude the all time Magician ?  The leng lui must have been in your mind. Don't worry, your beloved will not know about it. 

Ok, agreed 3 months not as bad as 1 year..

thanks for all the suggestions.

I think to prevent future mistake it's better to ask the bank to update the certs for each renewal cycle to see any adjustment of maturity date. Own assumptions could be dangerous..

hahaha me too    your fd  rolled over many times but never print new cert, date also changed. understand now 

magika - in ur experience which do like BR? wonder if we can ask them to push to next working day

So, my question is on the definition of fresh fund.

If I do IBG from CASA Bank A to CASA Bank B, then I go for the FD of Bank B, will Bank B consider it as fresh fund?

Or the only option is bank draft that I should forget about the few ringgit of the cost of that bank draft? i notice the method being mentioned mostly in this thread is bank draft.

Didnt ask, cause i applied for Premier Banking, they told me bout this promotion, so split my funds for some to FD

Hello all,

I have a FD processed for the passed three years. I just found out I lost the certificate.
What do we need to do if we need to close the FD and take the money out?

Will bank impose some cost if certificate lost?

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.

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.

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

their standard not very high meh

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?