slowest in the entire universe!!! I just wonder what they're doing in there my recent experience close to 2 freaking hours!!!

SCB tends to cross sell other products like insurance and UT when you place FD promotion.

BTW, anyone besides bbgoat manages to circumvent the "new to bank" requirement to open the 4.5% 15-mth FD?

Meaning if there are 12 days of public holidays and 100 days of saturday + sunday in a year, the interest is only counted for 365 minus 112 days? That is like 2 months of no interest..

I just placed another FD for the 4.5% 15 mths today, not a new customer too.

For those with SCB basic saving account, you need to pay a fee if you account is dormant for 1 year. Just to share, online IBG and interest deposit from FD are not considered as activity. You need to go to the counter/ATM to do a transaction for it to be considered active.

Interestingly, when I am at CIMB to move out fund, another teller also told me about their 4.2% rate and he is able to bypass the fresh fund requirement.

not in my case , no ... one look at me they know they will be wasting their time they're simply SLOW

I think if you have OD account, you take out your money first in the morning eg using banker cheque (2.65 only) bank in to your OD acct immediately... then in the afternoon write a cheque from your OD acct to place the fresh fund FD?? Just thinking aloud, hv not tried myself

Please see post 2 of list of banks that pay interest on non working days.

AmBank is another one that is slow. I am happy that SCB PB centre offered to mail FD cert to me.

The new to bank is for the Islamic FD promo. Conventional one no requirement on that. But even the Islamic one, current customer can still request for approval. My RM told me just request for that. But since conventional one is so simple, I just placed for it again on last Monday.

SCB is in the list. So this is the answer for my questions below. Every 100k, lose RM75.

Hi Guys,

How to do placement for Unfixed Deposit of CIMB? Through CliCKS? can?

counter only bro

Bank Negara Malaysia Likely to maintain Overnight Policy Rate (OPR). BNM will continue to adopt a wait-and-see stance.

Thanks for the clarifications on conventional vs. islamic FD..

From the statement below, minimum requirement for SCB PB is 250K. If we have FD of such amount with them but in multiple FD certs, is that considered meeting the requirement? If the answer is yes, do we need to apply or they will automatically send us an invitation?

BNM maintained OPR at 3.25%:

http://www.bnm.gov.my/index.php?ch=en_pres...ac=3163&lang=en

It is the total amt that is important. You can go to their PB centre to sign up for it. There is an application or consent form to join the PB. They will inform you after that on your application.

Okay thanks, will check it out when i go there again. Having the complimentary CC while waiting for FD to mature sounds good

Ya, may be "eyes enjoying ice cream" also if you know what I mean.

so it's means BNM would maintain the OPR until year end

How do u go about it getting to place fd in scb even is existing customer?

Thought the 4.5% is for new customer only.

The issue did not crop up at all. I actually informed the officer that I have an existing FD so that he can just look up for my personal details from his PC.

Oh OK.. Good good