Hi sifus, does anybody know can i place an fd at a branch and nominate to uplift in another branch on maturity? If so, can this be done for both board rates, promo rates and finance company like mbsb ?

I'm currently working in one city but in a year's time very likely will be in another state.

Placed some funds at UOB yesterday, 12 months 4.2%. First time uob customer, so took about 30 mins to open fd account. So many forms to fill in by the officer. Also, apparently residential address must be within 10 km of the branch otherwise can't open. Initially wanted to use my hometown address, but not allowed.

Asked for 4.25% but denied. No free gifts too. Promo rates till 31 October, 3 months 3.9%, 6 months 4.0%, 9 months 4.1% 12 months 4.2% (not 100% sure about the 3,6,9 months, just glance the pamphlet). This is not step up, choose the term.

I asked about nominating another branch to uplift. Was told no need since can withdraw any branch. Also, I asked to split fd to a few denominations but officer again say no need, can withdraw any amount anytime and they will recalculate interest on remaining sum. Certificate-less fd. I'm really noob. Only second time place fd. The other day place maybank 5+5 came with certificate, only can withdraw at placement branch.

They also sign me up Wealth Banking or something, get relationship manager and priority counter minus other benefits of premier banking.