Ya loh.. Warrior, a bit surprise you are quite hampsap also...    joking only...
(1)
You have to prepare a will, this will solve a lot of problems.

(2)
If still in the middle of preparing the will, then to get your FD joint name with another person (I think up to 4 names
in total) that you trust, and instruct the bank to put the FD account either one to sign.

If anything happens, don't make the condolence on the newspaper, then banks will not know the death
news and they will not freeze the accounts (FD, saving, current).

(3)
If no will, then go to Amanah Raya, they charge few % from the total value of the assets, but will cheaper than hire
a lawyer.

Another option is Pusaka (land office), they will charge cheaper than Amanah Raya, but you will need to spend
time to go back and forth for paper work.

The best solution is (1)

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

wow, 30sen only.. Veli Good 

BR rate will change when they experiences a mass withdrawal for FD or Deposits 

Ambank has the 3.85% p.a. for 5 months tenure. So let's say i put in 20k today, it will mature on 2nd march 2015. How to calculate the monthly interest? Is it (((3.85 x 5) + (3.20 × 7)) /12) × (200000/12)? Sorry...a bit blur with the calculation.

http://www.myclear.org.my/faqs/interbank-giro-faqs/ 

Ambank FD promo 3.85% p.a. for 5 months tenure does not required a depositor to open savings account, don't be misled. I made an FD placement last month, you just need to open an FD account that's all, standard procedure.

all this hoping for OPR increase...is insane!!
you guys don't have house loan one ah?

Do you make more here in FD when it increases
or you lose more in your installment for those who has housing loan?

FD rate and the loan interest is not at par when it increases..
I got the cash I rather settle the house loan faster!!

sorry almost out of topic already..
my bad...just 2 cents opinion!

ah... those hoping for OPR increases umm..... basically have funds available many times more than loans...

Dont feel like playing the musical chair after calculating the difference compared to where the funds is being placed now.
eg: 10k fund could give me an additional RM5+ each month(on average after the tenure)
After 3 months, here you go again gotta search for new ones. If the funds are in CASA right now, for sure I'll give it a go.

I just called. Here's the info:-

Conventional FD 3 months period, promo ending 31th Oct.
Min fund 25k.
Quota 1.5B.
First & second month 3.7%, third month 4.2%.
Fresh funds only and the CS didnt mention require funds from 3 different source. Must bring cash, cannot transfer to your CASA then withdraw.................

the branch staff don't know which is the "real" one. they just hentam only 

Oh you spilled the beans on the banks. Oh well, the 3rd bank is MBSB.

It looks to me even MBB each branch implement procedure differently. Last week 12 mth 4 % FD got the cert same day. Today 3 mth 3.87% personal cheque have to clear first before getting the FD cert. Diff MBB branch. One other branch suggested me to get bankers cheque from one of the 3 banks for the FD promo.  Interesting !

Where are you located ? I am in Penang. 

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..

Very good observation. You working as an auditor.

To play musical chairs, a few things that we should be aware of

1. Effective interest rate.
2. Maturity date.
3. Complicated t & C
4. Recalculate effective interest rate in RM to tally with cert.
5. Must be able to calculate ineterest amount per day.

what can u expect from "world class bank".. Bank Kerjasama Rakyat 

Now i see it, each renewal on maturity, you did not request for new cert. Luckily its not nego rates, or it will fall back to board rates.

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?

In BR today. They just raised their 12 mth rate to 4.1%. The staff showed me a slip with the new rate. 24 mth 4.2%, 5 years 4.5%.

The staff again pestered me not to withdraw the FD. Still IBG it out. But the IBG cost only 30 cent this time. Last time was RM2, I think.

One more thing, she said no more nego rate ! 

Fake young man.. .. You are slapping to yourself this time...    Ha Ha..
Oh..This is a good news..
Are you talking about old type Mubeen?
My Mubeen FD is 5 years FD, not mature yet...

SCB 4% Bonus Saving plan was making me crazy for past few days.. Now I know how does it work since
after visiting another SCB branch couples of time, and also calling SCB hotline many times....

Step by step like this:

(1) Join SCB priority banking

(2) Deposit minimum RM 10K fresh fund to JustOne current account during any day in the month for 6 months.

(3) Use online banking to transfer RM 10K from JustOne current account to JustOne saving account on the same
day to earn 4% interest in saving account, because current account has no interest.

(4) As long as deposit RM 10k fresh to current account every month, all money deposited to saving account during
6 months promotion period will get 4% interest.

I think this plan is good for consolidating small funds while still can earn 4% interest (actually maybe slightly lower than 4%)

  will the FD rates be "controlled" or become less attractive after this?

3 Malaysia banks announce merger
Published:  9 Oct 2014 at 20.40 .Online news: Finance. Writer: AP and Bloomberg

CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd said Thursday they have submitted the proposed merger to the country's central bank.

http://www.bangkokpost.com/business/financ...announce-merger

Actually I uplifted my FD from UOB today by Cashier's Order to make a new placement in MBB for the 3-month promo but ended with nothing and instead had to deposit the cheque into my MBB CA for clearance, wasting the weekend interest.
I better be going back to UOB on Monday for the 3-month 3.80% p.a. as I do not think there is a better rate anywhere else for
3-month FD.