Ok. Thanks. 

Unfortunately, the same cannot be said for my end. I only got the interest which is due today.

Contd to monitor the SA. They may be doing it manually. 

one of the comments caught my attention..

ha... now u know how crooked minds think!

My interests for SCB 4.25%18 months deposited on 13/10 have been credited, under instruction (2) and (3) respectively.

Assuming no great illness with accompanying medical fees (insurance normally don't cover past 70 or so).

Assuming house don't suddenly burn down.

Assuming we don't get Zimbabwe level inflation.

Assuming communists don't take over and 'redistribute' all existing wealth.

And at least if money in bank, a bit safer, when its in EPF, have to worry whether government mis-using EPF money =p

Always can find worst case scenario one...

At least uncle goat got less years left (expected) so less chance for negative 

Ocbc does not "auto correct" to working day. My FD slip printed mature on 11 April which is a Saturday.

I will check out with Ocbc coz my RM did tell me the following scenerio.

FD matured on Saturday, customer act on the matured FD on Monday, weekend interest rate will be credited as per the FD rate on the FD slip.

But if customer acts on the  mature FD on Tuesday, no interest will be credited over the weekend.

Ah Sir, I agree with with you, we will try not to withdraw due the the higher interest rate
at year end.
RHB 12 months' FD gave me one FD cert, but this FD cert is valid for 3 months, I have the option
to renew or withdraw the FD cert after 3 months; or if I do not have time to go to RHB to renew, then this FD will auto-renew until it matures in 12 months later. Interest will deposit to my RHB saving account based on the step-up tenures.

I just checked my SCB online banking account, no, no interest yet 

I think I need to go to talk to the SCB Service Manager again..

By the way, do you know if RHB step-up FD rates are fixed?
Or the rates might go up or down just like Public Bank step-up FD.?

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no point to open CASA just place for 3 months only

Must be Penang using different system    more flexible than KL

Yesterday went to Ocbc and the staff said if mature on Saturday and withdraw on any day except Monday (the first working day), the interest is still calculated till Sunday. This is different from what the RM said. I need to calculte to verify.

Took the money and walked over to RHB on step up interest. Ocbc staff said as a formality, they need to know why I withdraw the FD. Told her, your neighbour offers a better interest rate.

RHB step up is an Islamic Account and I have to open the new account. Took about 30 minutes with many forms to sign.

The staff try to sell me the FD 7.8% bundle with unit trus
He shows me the comparision against FD of RM100k. The FD rate RHB used to compare is 3.25% the board rate which is inaccurate. They should use the promo rate. Then the senario will be different.
The UT return is about 7% but the charges is 5%.

It is good only if keep for 3 years and the rate of return is on average 7% per year to minimize the 5% charges.

I asked the staff on the cut off date on the dividend paid out which he tried to look at the computer but unable to find.

On the FD statement
Deposit date 15/4/15
Maturity date 15/7/15
Profit payment option: On maturity (which means every 3 months)
Peincipal Distribution Option :auto renewalh
Profit payment and maturity amount are stated clearly.

Thanks for the report.

Yah, yah, tell OCBC their FD promo lousy.

UT 7% not guaranteed........

Nowadays banks want to know source of our funds   

Last time another member mentioned he wanted to place a FD with OCBC but they told him to "balik kampung" and place the FD with their branch near to the address shown in his NRIC.

Yesterday I went and withdraw my money from UOB in cheque and cash forms. They also wanted to know why I taking out the money, For the cheque, I said to go deposit with other Bank's FD Promo. For the Cash, I said I going Genting  And they actually keyed into the system what I said 

I then when over to MBB to deposit the cash into my Savings Account with the teller (as I wanted the money ready for Q-Cash first thing in the morning today), and they made me fill in a Declaration Form  stating the Source Of The Fund As for the Bank Draft where I placed with MBB Promo, no question asked.

Nowadays, banks very fussy where Source of Our Funds come from, especially if you are new to them.

I was told the 7.8% 3-mth FD promo is bundled with 5% standard sales charge for ASG funds.  If not taking the FD promo the sales charge is 3%.
Which is better?

Wah, google your name! This one really high tech, hahaha.

Next time ask them google bbgoat then they know you go there for eyetertainment 

If she is the RM usually wont hang around at the counter or waiting area unless they are seeing bbgoat or other customers That is why I did not get to have the eyetertainment

If they google bbgoat lowyat then probably ocbc will find themselves being "discussed"....and instantly recognised your status..

On depositing cash,
UOB limit is Rm30k, Ocbc, HL and Citi bank at RM50k. But they may have changed the policy now...

On asking what will the fund be used, Citi bank has lower limit than others, cant remember the limit.
Even if you apply for a bank draft for less than RM20k, Citi bank will ask the purpose....

I like your Genting answer which probably I can use it too....

All banks wont question sources of fund if you use bank draft or personal cheque as it is already stated from which bank...

Touch wood...if anything happened, even if it is under joint name FD, to avoid complexity, the other joint name person will be forced to withdraw the FD before maturity to avoid the money being "frozen" ....

I have no choice but to avoid SCB for now.
At least though AmBank got issues they solve it without giving all kinds of funny excuses.

First time hearing this, haha, but I do google search on a company's background also though
But seriously, even my bank statement is getting longer now with more descriptions put in like where my IBG is coming from or going to & reason for transfer.

if not mistaken you need to collect physical cert at your designated branch for future upliftment purpose.

Most banks already moved to statement based. For PBB, cert replacement is RM10.