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Fixed Deposit Rates In Malaysia V. No.9, Please Read Post#1 and #3
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aeiou228
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Jul 22 2015, 02:12 PM
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QUOTE(Nom-el @ Jul 22 2015, 12:27 PM) Is it true that CIMB does not allow joint FD account holder (either to sign) to withdraw through banker's cheque using only one of the names on the cheque? I requested the cheque to be issued under my name but was told that it must be two names, cannot be 1 name only. Other banks like UOB allow me to do so. In fact, they even recommended me to do so when I asked. I had to make 3 visits to CIMB recently because of this. As there were 2 names on the cheque, the cheque got rejected when I tried to deposit it into my account in another bank. So, I went back to CIMB to cancel the cheque & ask them to reissue another 1 with my name only the next day. I ended up paying another RM5.98 + RM2.12 (cheque cancellation fee) for it. They got my name printed wrongly. I was in a hurry at that time so I did not check properly before leaving the counter as their service was slow. I just skimmed through the cheque and it looked ok to me. Only on my way to another bank did I found out that they got my name printed wrongly.  I had to go back to CIMB again for that. More waiting.  The officer did not even have the courtesy to apologize for the mistake.  By the time I got my cheque, the other bank was already closed. I think they also did not pay me the interest for the weekend. This coupled with the interest lost for the cheque clearance & petrol costs all added up to my losses. Really lousy bank.  Bro, for large amount fund transfer, next time don't bother to issue banker's chq. Just contra the FD cash withdrawal to OTC IBG...kaotim. Cheap, safe, fast, no travelling cost, no parking fee, no saman if can't find parking, time saving. This post has been edited by aeiou228: Jul 22 2015, 02:15 PM
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cklimm
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Jul 22 2015, 02:26 PM
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Ringgit Plus is offering TGV vouchers for OCBC e-smart savers application! https://ringgitplus.com/en/savings-account/...martSavers.html
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sandkoh
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Jul 22 2015, 02:29 PM
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QUOTE(cklimm @ Jul 22 2015, 02:05 PM) CIMB, former Bank Bumiputra right? bro new to m'sia?  cimb bukan bank baru.
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cybpsych
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Jul 22 2015, 02:32 PM
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Hong Leong Bank - Junior FD [ HLB | T&Cs (EN) | T&Cs (BM) ]
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wil-i-am
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Jul 22 2015, 03:24 PM
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QUOTE(Nom-el @ Jul 22 2015, 12:27 PM) Is it true that CIMB does not allow joint FD account holder (either to sign) to withdraw through banker's cheque using only one of the names on the cheque? I requested the cheque to be issued under my name but was told that it must be two names, cannot be 1 name only. Other banks like UOB allow me to do so. In fact, they even recommended me to do so when I asked. It depends on the condition of withdrawal If u specify either 1, then anyone from joint holder can do whatever is necessary
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bbgoat
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Jul 22 2015, 04:46 PM
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QUOTE(cklimm @ Jul 22 2015, 02:05 PM) CIMB, former Bank Bumiputra right? QUOTE(sandkoh @ Jul 22 2015, 02:29 PM) bro new to m'sia?  cimb bukan bank baru.  Southern Bank buy BHL Bank. CIMB buy Southern Bank. Previous BHL Bank changed to Southern Bank then CIMB Bank.
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nexona88
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Jul 22 2015, 04:54 PM
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QUOTE(bbgoat @ Jul 22 2015, 04:46 PM) Southern Bank buy BHL Bank. CIMB buy Southern Bank. Previous BHL Bank changed to Southern Bank then CIMB Bank.  BHL Bank  why I never heard it before
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bbgoat
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Jul 22 2015, 05:01 PM
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QUOTE(nexona88 @ Jul 22 2015, 04:54 PM) BHL Bank  why I never heard it before  You must be very young. Hahaha.  Young muscle man. This post has been edited by bbgoat: Jul 22 2015, 05:02 PM
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nexona88
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Jul 22 2015, 05:10 PM
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QUOTE(bbgoat @ Jul 22 2015, 05:01 PM) You must be very young. Hahaha. 
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bbgoat
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Jul 22 2015, 05:14 PM
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QUOTE(nexona88 @ Jul 22 2015, 05:10 PM) BHL Bank or Ban Hin Lee Bank was a famous Penang established bank.
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nexona88
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Jul 22 2015, 05:25 PM
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QUOTE(bbgoat @ Jul 22 2015, 05:14 PM) BHL Bank or Ban Hin Lee Bank was a famous Penang established bank.  oh okay  thanks for info
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wil-i-am
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Jul 22 2015, 05:30 PM
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QUOTE(bbgoat @ Jul 22 2015, 05:01 PM) Young muscle man.  U refer to davinz18?
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aeiou228
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Jul 22 2015, 05:31 PM
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QUOTE(bbgoat @ Jul 22 2015, 05:14 PM) BHL Bank or Ban Hin Lee Bank was a famous Penang established bank.  Walau, mentioned about Ban Hin Lee Penang, reminds me of my usual happy hour port at "Let's Get Fat" in BHL bank building.
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wil-i-am
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Jul 22 2015, 05:36 PM
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bbgoat
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Jul 22 2015, 05:39 PM
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QUOTE(aeiou228 @ Jul 22 2015, 05:31 PM) Walau, mentioned about Ban Hin Lee Penang, reminds me of my usual happy hour port at "Let's Get Fat" in BHL bank building. How we miss the BHL Bank.
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Nom-el
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Jul 22 2015, 07:10 PM
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QUOTE(aeiou228 @ Jul 22 2015, 02:12 PM) Bro, for large amount fund transfer, next time don't bother to issue banker's chq. Just contra the FD cash withdrawal to OTC IBG...kaotim. Cheap, safe, fast, no travelling cost, no parking fee, no saman if can't find parking, time saving. Thanks for the advice but I do not have a savings account with CIMB, that is why I cannot perform IBG. QUOTE(wil-i-am @ Jul 22 2015, 03:24 PM) It depends on the condition of withdrawal If u specify either 1, then anyone from joint holder can do whatever is necessary The condition of withdrawal is either 1 to withdraw. Yet, CIMB won't allow me to put only 1 name on the cheque.
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wil-i-am
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Jul 22 2015, 08:00 PM
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QUOTE(Nom-el @ Jul 22 2015, 07:10 PM) The condition of withdrawal is either 1 to withdraw. Yet, CIMB won't allow me to put only 1 name on the cheque.  Tis is too much Must lodge complaint with BM
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bbgoat
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Jul 22 2015, 10:37 PM
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QUOTE(wil-i-am @ Jul 22 2015, 08:00 PM) Tis is too much Must lodge complaint with BM  You mean BNM.
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wil-i-am
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Jul 22 2015, 10:52 PM
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QUOTE(bbgoat @ Jul 22 2015, 10:37 PM) You mean BNM.  Nope, branch manager
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meganfox88
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Jul 23 2015, 06:24 AM
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New Member
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My fd mature today. I pledge 10k for 3.35% in public bank . but interest bank in is rm335 only. Isn't it compounded? What is the actual amount I should get? Pls advice...
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