Checked my SCB FD. On Monday changed one FD to Renewal Instruction 3. Done already. KL main made the change in the system. Made change to 1 FD which mature on Sat so that I can still transfer out the fund online on Sat/Sun. SCB not paying interest for the Sat/Sun maturity.

combined with Xmas long weekend, your account will be debited next monday if not tonight, isn't it wonderful?

so next time aim for eve of long stretch of holiday then place fd to get some extra lunch money?

u did not do that for the 1mil placement in mach?

depends on fund availability at that time. if u are "lucky" then between fri and mon, do it on fri.

Yes, initially I give it benefits of doubt as it could be special rate by the Penang branch. However, when even HQ states that is the standard amount then I know I gonna demand for refund because the branch manager was very smug about it last time. So just returned from the bank and got my refund. I also opened a SA as UOB also consider fund coming in within 7 working days as fresh fund, same as OCBC.

Went to place the 4.5% at OCBC and got my second 360 SA closed without penalty. FD placement is very smooth and fast, already on 2 occasions. So perhaps my frequent feedbacks are working. Made an inquiry about joining PB but was referred to a male RM..so maybe next time

This post has been edited by Human Nature: Dec 23 2015, 01:15 PM

It should be debited as late as today.

It only takes 2 days to clear the cheque nowadays.

Banks have the right not to count any interest on any deposit which has not been cleared.
Mind that interest is calculated based on daily basis on the balance appeared in the account.

I opened a cheque for FD after 2pm on Monday. Then Tuesday morning 8am CB sent SMS said acct debited for the cheque.

Use the OCBC branch that Ah Boom said has leng lui RM's. But now you may be stuck with leng chai RM.

Last time when UOB tried to persuade me to join their PB, in their system it logged in the name of the RM (lady mind you). Then when I joined their PB, the other lady RM (all old timers in UOB, you know what I mean), said the other lady RM is shown in the system with my name. Except she is now in another branch. So I got another RM lady.

This post has been edited by bbgoat: Dec 23 2015, 01:49 PM

Gud idea but u may forego opportunity cost 'in between'

Key factor is whether the fund is available on the day before holidays. If not holding it until say the Friday, just losing FD interest (higher than SA/CA interest).

Wah, if i remember correctly back in Jan 2015 mr Lim said his assets is less than 200k. in 11 months 1M dy......

This is how it happens.
You probably went to OCBC before 4pm cut off time, the staff done your FD before 4pm but validated your chq after 4pm cut off time. Your timing was just right.

Anyway it's not easy to catch this timing though. If you Are at the bank before 4pm but only available at the counter to make FD placement after cutoff time, the staff will inform you in advance that your FD will only commence on the next working day.

really he said that in jan 2015?

then 4 months later, in may, 1 cert 1 mil!!!

so maybe in jan 2015 alr'dy 200k less 1 zero or maybe 2 zero's at the back!

This post has been edited by sandkoh: Dec 23 2015, 04:29 PM

What's with this new promotion?

If I just opened a new saving account with HLB for the 6 months 4.5%, I still need to open another seperate account for this?

no need new sa.

So just put it like any other FD then? Okay! Got it.

U r a follower or stalker?

Haha, Neither.

*i feel stalked*

ahahaha, thanks to your nick photo, it made strong impression...