I heard ASW2020 already finished..true or not???

I went to RHB Taman Megah today at 1:30pm. She told me that each branch of each bank has a certain quota to fill for ASM & ASW2020 (dunno about others). At that point in time, RHB Tmn Megah has sold out ASM and ASW2020. But if you were to ask any other RHB Branch, they may have some.

This sounds very illogical, and I don't know whether to believe her or not. What happens with Pos Malaysia then? Do they have a nationwide quota, or per post office?

Thanks. Since you based it on your ASB experience, can someone verify this? Does this apply to ASM and ASW2020 withdrawals as well?

There is no investment/saving that could be 100% safe, even if u put FD in any commercial bank it will be subject to the bank will not goes bankrupt like many cases in USA/UK. For Malaysia, due to bank negara tight control for all commercial banks including PNB, these institution are still in the healthy path, so depositors do not need to worry about something that unlikely to happened. Otherwise u better dont make any deposits in any banks/ or do any investments.

Per bank? Or total?

Anyway, I thought all of deposits in banks are guaranteed till end 2010? IIRC, there've been ads in the papers highlighting this in recent days.