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

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SUSxeda
post Feb 28 2015, 07:15 PM

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Sharing some rates for you guys, since I'm staying in Thailand (thankfully, my FDs are in Malaysia, and not Thai).

https://www.bot.or.th/english/statistics/fi...te/IN_Rate.aspx
SUSxeda
post Feb 28 2015, 08:23 PM

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QUOTE(cklimm @ Feb 28 2015, 07:49 PM)
feeling curious, i went to CIMB Thai site and ended up with:
CIMB Thai
*
Of course, it is up to the banks how much interest they want to give, but the link I gave was the rate that their central bank (Bank of Thailand - kinda like Bank Negara in Malaysia) are fixing for all the banks.

Minimum FD rate, so to say. And if you're not a Thai citizen, that's all you're gonna be getting.

Edit - CIMB Thai website also says you'd need a valid Thai ID card - foreigners won't be able to apply for that. So when compared like-to-like, in Malaysia, MY citizens gets special promotion >4% for FD, but Thai citizen only gets 3.25% (which is our standard FD rate)

This post has been edited by xeda: Feb 28 2015, 08:26 PM

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