Ah Boom still in with Post 3 !!!

BR also invite customers for lunch for Raya, high tea in hotels, hampers for CNY etc. Public relation quite good in a way.

This post has been edited by bbgoat: Jun 9 2015, 01:29 PM

In RHB this morning. Met the branch manager. He said OPR likely going down next qtr. That view echoed by more and more people nowadays.

Need to go for longer term FD.

Should be 3 mths FD that Ah Boom has pulled gf's to put in the FD's.

Ya, pull out after 3 months. Then have to close the Advance acct to avoid monthly charges !

It is 4%/4.4% for 180/180 days. Effective rate of 4.2x% for 360 days.

Those of us with BR will be scaxxd ??

High Magician TM phrase: "U no scaxx meh" ......hehehe

Have reduced my eggs there already and keeping portions for monthly makan makan.

I tot u have brought in aunties & gf to put in even more FD in HSBC ?

This post has been edited by bbgoat: Jun 11 2015, 02:32 PM

BR loves you .....................

I must be the lucky ones, only good times with BR so far.

Oh, I am sorry, must have mis-read you ..............

This post has been edited by bbgoat: Jun 11 2015, 02:54 PM

Happy if interest rate goes up !

Sad if currency goes D O W N esp to USD !!

If interest goes up, can play more CD ?

But currency drop, making me

Oh, Big Magician started to move eggs already ?

This post has been edited by bbgoat: Jun 12 2015, 12:05 PM

You cannot lump the 2 together to calculate the "yield". They are diff vehicles with diff risks.

To add: You should take up the offer only if you already have intention to buy the UT. Not because of the FD offer then take up the bundle with UT.

BR promo till end of June. Min 25k. Only thing is BR no PIDM. I am OK with it while others may not.

This post has been edited by bbgoat: Jun 13 2015, 04:49 PM

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

Received SMS from BR, last date is now 18th of June, tomorrow Thursday !!

12 month at 4.25%, min 25k. Have monthly interest as usual

This post has been edited by bbgoat: Jun 17 2015, 04:57 PM

From my experience, IBFT is INSTANT and is online. RENTAS is done OTC.

Below from RHB website:

http://www.rhb.com.my/remittance/local.html

Interbank Money Transfer
Transmit funds via RENTAS to another bank in Malaysia. Minimal cost incurred. Immediate (same day) delivery of fund to destinations

Interbank GIRO
For money transfer below RM100,000-00, we will use the Interbank GIRO System to electronically transmit to another IBG member bank in Malaysia at only a minimal cost. Funds received from remitting banker will be credited to customers account on the same day.

Interbank ATM Fund Transfer (IBFT)
Interbank ATM Funds Transfer allows bank customers to transfer funds from one account to another account in another bank. The beneficiary will receive the funds immediately and instantaneously, as the transfer is online and in real-time.

Uncle Boom, getting the 5 yrs rate from BR not that simple, eh ?

Luckily the longest I have with them is 2 years and now going to <1 year. So far my experience is still positive with them.

But admire our High Magician with FREE RENTAS from BR !!

This post has been edited by bbgoat: Jun 20 2015, 09:10 AM

Live one day at a time. Because of scare, pulled out more than half already. BR girl pleading not to take out any more !

But love their monthly interest, a little bit on their gift/hampers .......................... Still believe they are secure to certain extent.

Always some risk even with big foreign banks. Years ago one foreign bank was getting into problem. I was sweating and unable to do anything as I was overseas. Still remember have to do online xfer of 5k at a time from that bank to another bank for days ! But after 1 year, it was back to healthy level.

This post has been edited by bbgoat: Jun 20 2015, 09:30 AM

Wow, Uncle Boom your money has been used for my food/gifts. Come I will belanja you !