Looks like a lot jump ship from Affin RHB to Ambank Maybank HLB huh?

I use the bank which can give the me the best interest while saving money so can put fd.

If another bank can come out with rates which beat ambank, I will not hesitate to jump ship. My loyalty is with my money. 

Do u have sentimental value?

Nope. Why should I? A bank is a bank which leech money from people. So we should leech from the leech. Do not give banks free money!

So now hlb best best fd promo is 6 mth 4.08 and 13 months 4.26 ?

Hi,
most FD promotion are require fresh fund.
do i have to get a bank draft from my other bank to open the FD?
Can I IBG the money into the bank's saving account and issue FD from it, will it still treat as fresh fund?

Hi,
most FD promotion are require fresh fund.
do i have to get a bank draft from my other bank to open the FD?
Can I IBG the money into the bank's saving account and issue FD from it, will it still treat as fresh fund?

Guys. I just call MBB care line. Really made me speechless. They say the interest payment mode can be

- CASA
- added to principle.

He say he will double confirm and give me a call. I wait for 3 hrs ad. Still haven't got the call yet. I was like wtf........

I guess I need to call again.

I wud suggest u speak face-to-face with the BM for FAQ

Just back from musical chair session. UOB here implemented something new. The staff at the ticketing counter insisted to fill up the upliftment and BC form even though my number is just next on the queue. And when my number is up, my FD cert is still stuck at the ticketing counter  Anyway, was informed by the teller that the 4.2% promo ending on 30th Oct has no targeted amount so it will last until the due date. BC for UOB is RM2.80 now.

I also asked what is the minimum placement amount that may warrant a negotiable rate. After consulting with her superior, was told that there is no specific amount. It can only be known at the time of placement. Too bad, else can prepare the amount before going.

Next stop was OCBC, 4 counters are open but got stuck at the queue because all 4 are busy with customers doing investment products. But when it comes to my turn, everything is smooth 

Thanks for the update ! 

What was the BC for UOB last time ? In Penang it used to be RM0.15. Next week will have to move out 1 FD from UOB. 

I WISH to highlight that not all bank practices are the same.

Most banks ensure that interest is paid on the next working day.

For example, for fixed deposits maturing on Saturday, Oct 3,

payment of interest will be calculated up to Monday, Oct 5 if we uplift on that day (the next working day).

However, in this case with one foreign bank which automatically rolls over on a non-working day, that is, Saturday Oct 3 (if instruction is given to roll over) and pays interest up to Oct 3 only.

Customers lose two days’ interest if we uplift on Oct 5.

Many banks will also roll over on Oct 3 if instruction is given to roll over, but if uplifted on the next working day, Oct 5, interest will be paid up to Oct 5.

But if we wish to continue and roll over, the next maturity date will be on Oct 3.

It would be good if the practice was generally the same for all the so that customers would not lose out in interest payment.

JK

Kuala Lumpur

Anybody wrote this letter? 

Fixed deposition calculation rate differs:
http://www.thestar.com.my/Opinion/Letters/...n-rate-differs/

Just back from SCB Kepong, I seen an unker grilling the girls there for not giving him the weekends interest, which his FD matured last weekend.

Whats the Bank Negara ruling on the weekend matured FD actually?

It was 2.15 before GST implementation. Last time I argued about 0.15 but the manager said depends on branches one.

isnt this the unker i saw? 

bravo 

my today placement at OCBC also matures on sunday..close two eyes