In SCB PB centre, one of the leng lui greeted me with my surname Mr so and so. Not bad. Friendly courteous staff. Have the same experience in Citigold.

No interest for FD over non working days on maturity.

Asked about BC, they have Cashier's Order which is RM 2.80. Rentas RM 5. Human Nature, Penang still issuing Cashier's Order. Then asked to change all FD to Renewal Instruction 3. Initially the lady was a bit hesitant. Said need KL to make the change. So ended decided to change only one cert which matured on Sat to Option 3.

Was told that for SCB, the cert we received is just a receipt or statement only. Not needed on maturity. In a way similar to UOB, no need any FD cert, statement, receipt on maturity. Just our IC will do.

Went to nearby OCBC PB centre, relaxing atmosphere, spacious and nice environment. Also leng lui there and very friendly, courteous counter staff (leng lui ). SCB PB centre kind of old, old building needing renovation.

Asked about FD maturity on Sat/Sun, was told they pay the interest but the FD has to be on auto renewal. BC or Cashier's Order RM2.80.

So both SCB and OCBC, pay RM2.80 only to get their cheque.

Went to HL to place the 6 mths 4.5% monthly interest FD.

This post has been edited by bbgoat: Dec 21 2015, 04:03 PM

yes, once u place it in mach branch, you can withdraw partial/full via HL connect already... i believe their system is not intelligent enough to trace fresh funds, therefore will need us to go mach branch to place lol.. good rate, but troublesome

I was thinking of doing Mach placement. But after hearing all these, find it no point, might as well do it in HL branch. MACH branch in Penang limited and inconvenient.

Ya, CIMB RM told me can uplift in any CIMB branch on FD maturity.

Thanks for the update. In other words, the branch manager and staffs at my branch are really clueless. They insisted on my cert when I want to change instruction and when I did not have it with me, they want me to signed a under a stamp that I am uplifting without cert. I think I will play safe and just remain with the current standing instruction.

This post has been edited by Human Nature: Dec 21 2015, 04:44 PM

Initially the staff took my FD cert and said need to scan and send to KL to change the renewal instruction. Thats why I decided to change only one FD. Later she made a photo copy and returned me the original FD cert/receipt/statement.

HLB 6 months 4.5% so far the best offer compare to others bank?

If you are looking for short term, then 6 mths 4.5% pa is good. If you prefer 12 mths, then OCBC 4.5%pa or 24 mths 4.6% pa Affin.

Just got to open my very first FD with HLB

How does the 4.5% p.a 6months works?
Eg: RM10000 deposit x 4.5% = RM450
RM450/2 = RM225?

Wrong.
Rm10k x 0.045 x (183/366) = RM225. You don't count by the months but no. of days.

Do you need to open a savings account for it? Thanks.

Yes you are required to open a Savings Account.

You need to open a savings account. My experience today, you only can open a HLB FD account at the nearest branch you're staying (address as per IC) or nearest to your office. If you opt to open outside the radius you need to proof that your relatives or friends are living there and provide them with the utility bill.

Any HLB branch or the Mach branch?

how big is the radius? i know some banks and some branches are pretty anal about this, but i have managed to open mine near KLCC. i dont work in KL and i cannot afford to live anywhere near that place.

What is the best FD for 10k and >6months currently? CIMB unfixed deposit? (4.3%)

ocbc 12 month 4.5%.

Any difference HLB vs Mach branch?

U can search for available branches via respective website

HLB: Boring brick and mortar bank
Mach: Cool outlets in major malls, equipped with canggih touch screen computers, no cheque deposit machine