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 Fixed Deposit Rates In Malaysia V. No.9, Please Read Post#1 and #3

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Ramjade
post Jul 15 2015, 02:06 PM

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QUOTE(robert82 @ Jul 15 2015, 02:01 PM)
I placed FD over the counter few months ago.
Maturing next week.
Problem is I won't be in Malaysia for another 2-3 months.

Any way for me to call them to uplift right into my account?

:S
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Easy. You go to the bank tomorrow, write a letter, and sign it, give them photocopies of your IC tell the bank upon maturity, I would like this FD to be transfer to xxx account. They will ask you for your real IC, FD cert, and ask you to thumbprint.

Then they will keep the FD cert cert. Upon maturity, money will automatically be deposited into your account.

Hope this helps. tongue.gif
Ramjade
post Jul 15 2015, 02:18 PM

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QUOTE(robert82 @ Jul 15 2015, 02:08 PM)
Can i do it at different branch compared to the original branch i placed the FD?
Problem is original branch in kedah and I am now in KL...
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That is problematic. Some banks do not allow you to do that . (You must open and close at the same branch). Some are flexible. Check with your bank. icon_rolleyes.gif
Ramjade
post Jul 15 2015, 02:24 PM

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QUOTE(wil-i-am @ Jul 15 2015, 02:22 PM)
I dun think Bank will keep FD cert on behalf of client
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Mine did. They ask for the real cert when I give them instructions to transfer the money into my mother's account because I won't be there to manually remove it upon maturing.
Ramjade
post Jul 15 2015, 10:10 PM

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QUOTE(kit2 @ Jul 15 2015, 10:08 PM)
which bank allows you to do that? ocbc malaysia refused to let me change maturity instruction sad.gif
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Hong Leong
Ramjade
post Jul 17 2015, 12:01 PM

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QUOTE(meganfox88 @ Jul 17 2015, 11:43 AM)
What is board rate? Let say my interest is 3.25 percent , does it mean board rate will be lower? If I choose to withdraw or add on my interest still remain?
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Board rates are bank's rates without promo. This are board rates

QUOTE
Bank - FD rates for 1 month, 3 months, 6 months and 12 months.


Affin Bank - 3.25%, 3.3%, 3.40% and 3.7% (Revised 18/7/14)

Alliance Bank - 3.15%, 3.2%, 3.25% and 3.3% (Revised 21/7/14). FD Gold 12 months 3.40% (Interest paid monthly).

AmBank - 3.15, 3.2%, 3.25% and 3.35% (Revised 18/7/14)

Citibank - 2.95%, 3.10%, 3.10% and 3.20% (Revised 17/7/14)

CIMB Bank - 3.15%, 3.2%, 3.25% and 3.30% (Revised down 7/10/14)

Hong Leong Bank - 3.05%, 3.1%, 3.2% and 3.30% (Revised 16/7/14)

HSBC Bank - 2.90%, 3.10%, 3.15% and 3.25% (Revised 16/7/14)

Maybank - 3.15%, 3.20%, 3.25% and 3.30% (Revised 16/7/14)

OCBC Bank - 2.75%, 2.85%, 2.9% and 3.05%

RHB Bank - 3.15%, 3.20%, 3.25% and 3.45% (Revised 18/7/14)

Public Bank - 3.15%, 3.20%, 3.30% and 3.35%. PB Golden 50 Plus 12 months 3.45% (Revised 16/7/14)

Standard Chartered Bank - 2.95%, 3.10%, 3.15% and 3.25% (Revised 23/7/14)

UOB Bank - 3.05%, 3.10%, 3.10% and 3.30% (Revised 18/7/14)


Ramjade
post Jul 17 2015, 12:01 PM

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- Double post -

This post has been edited by Ramjade: Jul 17 2015, 12:02 PM
Ramjade
post Jul 17 2015, 02:07 PM

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QUOTE(meganfox88 @ Jul 17 2015, 02:00 PM)
Can top up and continue like normal? What about can ask the interest when mature credit to my saving account?
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Of course can. But why would you want to go for board rates when you can go for promo rates? Why want to give the bank free money? By continuing like normal after maturity, your interest goes back to board rates.

Second, some bank allow you to credit into account, some won't let you. But if you are going for board rates, no problem.
Ramjade
post Jul 17 2015, 02:50 PM

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QUOTE(meganfox88 @ Jul 17 2015, 02:40 PM)
Now which bank offer great interest? Coz public bank need fresh fund. The fd i put is not considered fresh right?
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See first page and second. Why people don't bother to read the first & second page sad.gif Also fresh fund can be obtained by withdrawing in cash, come back to the same/different bank the next day with cash. You can also go back to the same bank but another branch. More pro tips on how to get fresh funds can also be found on the first page.

Promos are posted on first and second page. Up to you to pick

Again, please read first & second page. sad.gif

This post has been edited by Ramjade: Jul 17 2015, 02:51 PM
Ramjade
post Jul 18 2015, 03:22 PM

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QUOTE(Human Nature @ Jul 18 2015, 01:14 PM)
That would give the board rate  sad.gif Possible to nominate another person (not joint holder) to uplift?
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Not possible. You need signature and fingerprint. The least you can do is ask them to transfer to your account. I am not sure if they can allow you to transfer into another person's account.
Ramjade
post Jul 18 2015, 04:42 PM

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FD income is not taxable. smile.gif
Ramjade
post Jul 19 2015, 09:31 AM

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You cannot say you menabung menggunakan fd, tak minum Starbucks/alkohol , beli baju pasar malam, naik basikal ke tempat kerja?

That one where got paper trail?
Ramjade
post Jul 19 2015, 09:45 AM

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QUOTE(bbgoat @ Jul 19 2015, 09:41 AM)
If you buy Proton, who is going to check you ?  laugh.gif Who ask you NOT to go to Starbuck ?  laugh.gif
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No serious here. If one were to live like that, one will have substantial savings.

Then when want to buy house time, if IRB ask that question, how to show them papertrail?

Ramjade
post Jul 23 2015, 09:34 AM

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QUOTE(cklimm @ Jul 23 2015, 09:33 AM)
eh bro, you know Affin best here,
can i place the 4.33% fd without taking the RM21.20 debit card? it will pull my effective return down effectively
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Can no problem. Just open account with them. Tell them you don't want the card. Isn't debit card standard rm8?
Ramjade
post Jul 23 2015, 09:45 AM

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QUOTE(cklimm @ Jul 23 2015, 09:36 AM)
RM21.20 they told me, and I walked out from the bank hearing it
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I don't even have any card. Mine was bank book. Told me put in rm100. After opening, can remove RM80.
Ramjade
post Jul 23 2015, 05:15 PM

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QUOTE(cklimm @ Jul 23 2015, 04:56 PM)
And check this out guys, BSN 4.5%pa FD, 60 months
BSN
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Nice. Any specific terms like x% in CASA? Or this is pure fd. Too bad, now I am not focusing on FD
Ramjade
post Jul 23 2015, 06:12 PM

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QUOTE(Sarah Jessica @ Jul 23 2015, 06:01 PM)
Pure FD. Fresh Fund. min 5k
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Nice especially rumours are flying that bnm going to cut rates. 4.5 is damn bloody high for fd rates.
Ramjade
post Jul 24 2015, 07:01 AM

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Does this mean that deposit of >RM250k with BSN is protected compare to PIDM limit of only RM250k? hmm.gif
Ramjade
post Jul 24 2015, 09:12 AM

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QUOTE(khoo118 @ Jul 24 2015, 09:06 AM)
Hi Bosses, which bank have the best FD rate for 1 month ?
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See first and second post. If I am not mistaken, there's no best rates for 1 month
Ramjade
post Jul 24 2015, 09:26 AM

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QUOTE(bbgoat @ Jul 24 2015, 09:21 AM)
Yeah, my OCBC girl/leng lui (RM) is shunning me because I did not want to buy UT from her.  cry.gif

Just notice all those you mention are foreign banks !  notworthy.gif  notworthy.gif
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So uncle goat want to put bsn or not? So high interest. But don't think got leng lui. tongue.gif
Ramjade
post Jul 24 2015, 09:44 AM

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QUOTE(sandkoh @ Jul 24 2015, 09:39 AM)
unkle ramjade suka unties in bsn?high interest, u joker la mad.gif 5yrs lagi! mbsb 5hr 4.7%!! icon_rolleyes.gif
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Mbsb, no protection. Among the banks with protection bsn offer the best rates for now.

Not yet uncle la. Still student. Only likes high interest. Don't care about leng lui.

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