All banks accept IBG as fresh funds as it already stated inter bank .....

Affin accepts IBG from other banks.

i did this before...Affin defines "fresh" as long as the fund is not "older" than 3 days after IBG from Maybank SA -> Affin SA.

of course you need to have Affin SA (savings account) before IBG can be done.


OCBC also same, "fresh"-ness no longer than 3 days.

This post has been edited by cybpsych: Jun 15 2015, 07:59 AM

Hi, anyone knows the CIMB 3 months 3.9% Fixed deposit min RM50k can be put without opening CIMB savings account?
And if I have maybank & I withdraw the funds & how to deposit at CIMB fixed deposit ar? Is it can use Banker's cheque? I banker's cheque charge how much ar?

you can open one without savings account; yes you can use banker cheque, it will cost you RM5.98

For MBB, banker's cheque for matured FD is free except pay RM0.50 plus GST.

Oh I see, thank you very much for your reply

Sorry for asking a noob question. May i know what is the meaning of effective rates?

The total sum of interest received divided by principal sum

Today went to HSBC to enquire on the HSBC 5% promo. Was told that I must maintain RM10 in their "saving" account n if I close the account, I need to request banker cheque to get back the RM10 as they won't refund through cash. N I will charged for the banker cheque RM5 + GST. So, means no matter how I will need to pay them the "admin fee" (my balance in the Acc) to close the account.

really?

in the Kota Kemuning branch, whenever i ask if 1 day old money in savings account can be considered fresh funds, the staff macam dont want to answer directly. When i keep persisting for an answer, she asked, "why not you use banker's cheque?"

I said banker's cheque ma fan, have to line up in other banks... then she replied "If the money enters the account today, it's only considered fresh funds today. Tomorrow cannot"

So I said "I'll use RENTAS then" she terus diam

Dont know why they dont want to treat IBG money as "fresh". Only want banker's cheque

that's what my banks told me. diff branch could be diff.

When the FD matures, you can request to put the FD's money (withdraw FD), and saving account's money (close
saving account) on a banker's check.

Actually it is a current account, not saving account. The minimum balance in current account is RM 5.00.

If your FD deposit is less than RM 30K, a monthly charge RM 10 will apply.

Hope this helps..

Actually HSBC Advance quite nice, free coffee every visit, why close it?

Haha, bcoz of the RM10 monthly charges if balance less than RM30k. N I don drink coffee. Hehe.. N the interest rate offer by HSBC not worth to keep RM30k in there if other bank can offer better rate. If without the monthly fee, I'm willing to keep it..

I visit HSBS only when they have an attractive FD promo...

I was not aware that I could use FD to pledge for HSBC credit card....

Met a banker from Bank of China (BoC) today
BoC offers 11 mths FD @ 3.80% pa plus free 1 unit of BoC Propitious Gold Coin weight 3g
Min sum is RM250k
Is tis FD promotion gud?

Hi there.

Was went to HLB asked bout 3months 3.9% FD promo.

According to counter, she told me no CASA. But check at ringgitplus, it stated CASA require.

Anyone know bout this FD plan? And minimun 10k?

RM250k in 11 mths FD @3.8% pa will make you RM8707 end of tenure, while RM250k in 1year OCBC 4.2%pa FD minus 1 month will make you RM9625, the difference is RM918, and the current 999 gold price is RM180/g at Poh Kong, 3g is only worth RM540.

You will trade RM918 lesser interest for a 3g gold worth RM540, your call

My card application alone is still pending since 4 June...the balance transfer plan itself requires another application...
I begin to worried whether the BT can make it into my HLB card before the due date

Bro which branch u went to open ?
Along sultan ismail.one ???