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 Fixed Deposit Rates In Malaysia V. No.8, Please Read Post#1 and #2

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VergonDC
post May 16 2015, 04:24 PM

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QUOTE(raptar_eric @ May 15 2015, 11:08 AM)
alliance bank's efd system is the most sheety system i have ever used... transferred fresh funds in, cannot detect as fresh funds... called CC, they tell me to wait 1 month... what nonsense? promo ended by then =.=
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Actually Alliance Bank eFD system is one of the best. It is so convenient to place 4.1% eFD and no need to go to the bank. The reason it is difficult for some is they didn't read the T&C properly. Because it is handled totally by the computer system, they have to write in the code to 'detect' fresh funds. Hence they code in the formula
New Funds =
Today’s Total Deposits – Previous MAB – This Month’s Total eFD/eATD-i Promo Placement

Let's say April MAB is RM5000. Then in May you ATM out RM2000, early of the month, then you IBG in RM10k for the promo, you will not qualify because you are still short of RM2000. So while you think your RM10k is fresh, the system only accept RM8000 as fresh.

This post has been edited by VergonDC: May 16 2015, 04:27 PM
VergonDC
post May 16 2015, 06:22 PM

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Ah.. Their system maybe detect yours as infinite (divide by zero)tongue.gif This you will have to file a complaint.

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