You can actually do it manually. Go to bank and uplift and then transfer over the counter

You can change the daily limit to higher amount. For instance, UOB daily limit is 50k.

Yeah, you may be right, I checked online on the day of maturity, no changes until the next day. So, I assumed it is maturity date + 1 day. Possibly, you can withdraw/uplift on the date of maturity via walk-in.

Is there any bank that upon closing of FD exactly on maturity date claims that final interest will not be paid unless uplift on maturity date + 1 day. I think this bank is trying to spin some story here.

If no, then I am about to reveal an underhanded practise of a bank that does that exactly to theit FD customer.

before release the details, i would like to confirm which bank negara rule that this bank has broken by not honoring full uplifting with full interest on printed maturity date, arguing that to avoid penalty, it has to be uplifted on printed maturity date + 1 day.

Got such logic in banking system? I will expose them only if they broke any banking rule, or enough people here feel it's unethical practice.

Looks like no one mentioned this in the thread:

http://www.maybank2u.com.my/mbb_info/m2u/p.../PRO-Promotions

there's a reason for that

Campaign Period:
1st September - 30th September 2015 or upon reaching the overall campaign limit, whichever is earlier.

PM u already. Not sure i should share it here, later they say they didnt break any BNM rules.

then it is a norm among local banks then, with a few exceptions

Some ppl mentioned tat Putrajaya will issue sukuk next year via BNM Sukuk Simpanan Rakyat
Did anyone receive any news?

Oh.. obviously gsc has a high demand standard for leng lui... 
Ha ha..
Sorry, I forgot about Bank Rakyat... 

5 Years FD Comparisons

The Best Return:
(No. 1) MBSB 4.7% with interest paid every 6 months
Pros:
(1) Min FD deposit as low as RM 1K
(2) FD interest can deposit to any depositors' desired bank saving accounts
(3) Banker's check is free for payment of FD interest

Cons:
(1) Insufficient of branches nationwide
(2) No ATM, no online banking
(3) No FD interest will pay during holidays. For example if interest payment date falls on Saturday, then no interest will be paid for Sunday.
(4) FD can only be withdrawn in home branch

(No. 2)Am Bank 4.55% with interest paid monthly if 50 years old and above
Pros:
(1) More branches
(2) Can use True Savers to maximize return
(3) FD can withdraw in any branches nationwide but need to pass thumb print verification.

(No. 3) Bank Rakyat 4.5% (negotiable) with monthly interest
Pros:
(1) FD rate is negotiable if deposit amount is RM 50K and above
(2) So far no annual charge for ATM card
(3) Hampers & gifts, high-tea invitations and etc..
(4) Staffs are polite to customers

Cons:
(1) Less branches & ATM machines
(2) No banker's checks will be issued for FD withdrawals but can use IBG/TT instead. Quite troublesome.
(3) Frequent change of FD interest payment schedules which lead to customer unsatisfactions, complaints and confusions.
(4) FD can only be withdrawn in home branch

(No. 4) BSN 4.5% with interest paid monthly if above 50 years old and FD deposit exceed RM 50K
-- Sorry I am not familiar with BSN. But quite disappointed I have not seen any leng lui staffs honestly speaking   

The Most Secured:
(No. 1) BSN 4.5%, no PIDM but FD deposit guaranteed by the Malaysian Government. I think this is good for deposit amount larger than RM 250K since PIDM protection limit is RM 250K.
(No. 2) Am Bank 4.55% with PIDM
(No. 3) Bank Rakyat, without PIDM but guaranteed by The Ministry of Finance
(No. 4) MBSB 4.7% without PIDM, EPF holds more than 60% shares of MBSB

yeah why worry pidm or not, i just go for the jugular.
the highest interest for similar tenure, me going all out for the MBB GIA-i now ..
before  quota all taken up.

asnb fp banyak  la.....

Ok done with maybank Gia-i.... its guaranteed rates unless OPR drops then rates will adjust accordingly. If OPR rises, rates dun rise tho

Interest calculatd daily, credited monthly and can be compounded. No penalty for early termination and prorated interest recognised.

So maybank have the best rate of 4.55% right now for 12months FD - 10k eh?

Feel like locking in Ambank's 60months 4.55%.....

Anyone can confirm my above line?

Meaning to say all the money you put in are not guaranteed right? So probably by the end of the day, it might give you RM0?

ahh...wonder how many people actually went with that maybank GIA-I then.

How bout 1 year FD's? best rate still 4.2%?

No I don't think so. I think the principal is guaranteed (only for ASX FP) but not the returns.

so technically speaking, maybank gia-i according to its t&c is not capital nor return guaranteed. asx fp should be superior.

that's why i brought this up. nevertheless, just my humble opinion.

higher returns. from the looks of it maybank gia-i also some sort of UT kinda thing.

Yeah. You are right. But the beauty of ASM, ASW & AS1M is they are fixed price. You buy at RM1 and you sell at RM1 too. The closest to capital guaranteed. 

My case is the other way round, i enter HSBC premier hall, get myself hot latte, read newspaper while, dip cookies into kopi, finish then cabut. No one bothered to kacau me.

Since when FD liquidity like SA?  If one removes the principal before the term is up, one only gains like 2% interest instead of 4%. Am I right or I am missing something here?

My definition of liquidity is not giving free money to banks. So if one withdraw before time is up, one is giving free money to the bank. Not good

They give me dua sikat pisang...
One left, one right

Like this understand kua ?? Haha :haha:

Maybe they look down on me.. wear slippers..