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 Ultimate Discussion of ASNB (47457-V), Wholly owned subsidary of PNB (38218-X)

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Xefron
post Jun 10 2015, 01:31 PM

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QUOTE(justin_5 @ Jun 10 2015, 01:06 PM)
Hi guys, need some clarification about ASB 200k limit.

I tried asking Maybank personnel but they are not able to answer and I hope posting in this forum could give me some insight before I need to go to PNB and ask.

The question is, in this scenario,

If on year 1, my ASB account I have maxed it. On year 1, I straight away dump 200k in the acc. therefore limit reached.

On Year 2, dividend credited in the ASB account, let say 8%, I have 216k in the account.

Year 3, i take out 16k from the account and left 200k (which is the original limit)

Within year 3 itself, before any dividend is in, can I put back another 16k in the account? As in is the actual limit of my ASB, is it raised?
*
Year 1 = 200K , cannot add anymore during year 1
Year 2 = 216K, cannot add anymore during year 2
Year 3 = 200K, withdraw 16K, can add back till 216K

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