UOB's daily transfer limit is 50K but for IBFT, it is capped at 30K.

This post has been edited by kit2: Jan 2 2016, 10:19 AM

UOB IBFT active now ?

yes, and free if you have eaccount

This post has been edited by kit2: Jan 2 2016, 10:26 AM

It should be just recently that UOB has the IBFT feature.

Before that have been forced to use their normal ibg.

This post has been edited by bbgoat: Jan 2 2016, 10:44 AM

More banks with free IBFT can be found here
safilo bbgoat
https://forum.lowyat.net/index.php?showtopi...post&p=78077550

Thanks to Nom-el

This post has been edited by Ramjade: Jan 2 2016, 10:54 AM

Thanks for pointing out. Have update accordingly.
Need to note that the charge for OTC transaction for eAccount is RM5.30.
Was advise some time ago by a UOB account office not to open eAccount but a normal SA account instead if the purpose is to IBFT fund from outside and take up UOB promotional FD placement. Promotional FD required placement at the branch counter and hence incur OTC charge if using eAccount.

Mauve we should post this to front page. It might be helpful for people.

Correct.

I would place these banks in order of highest interests rates offered.


1) Hong Leong - 4.5% for 6 Months

2) RHB - 4.15% for 3 Months

3) CIMB - 4.1% For 3 Months, 4.2% for 6 Months, 4.3% For 1 Year

This post has been edited by TOMEI-R: Jan 2 2016, 12:37 PM

Hong Leong got 4.3% for 3 months, better than RHB 3 months.

Oh, was too caught up with the 4.5%, didnt bother asking for the 4.3%.

this is untrue. i have placed fd many times using funds from e-account and didn't get any charges.

just like maybank's m2u savers, the main purpose of e-account is to encourage customers to use electronic forms of banking as much as possible. But there are times when counter visits are unavoidable, so otc charges should be waived.

for example, m2u savers allows withdrawal over the counter if the sum is more than rm5000. this is because the max limit for atm withdrawal is rm5000. i have withdrawn more than rm5000 from my m2u savers at lebuh ampang and wisma genting. one day i tried to withdraw rm6000 from the dbkl branch, and the staff insisted i pay fees. i tried to show her the the maybank website on my phone, but she refused to read or listen, and arrogantly said "any withdrawal from m2u, you pay!".

ditto for some HL Mach staffs insisting on cheque for promo FD placement even though HL website clearly states fund transfer is permitted.

inexperienced bank staffs would often misread the rules set up by their bank and create their own rules.

This post has been edited by kit2: Jan 2 2016, 02:20 PM

Did you pay it in the end?

not even one sen

so, remember to complain if you encounter anal staffs who try to create their own rules.

This post has been edited by kit2: Jan 2 2016, 02:23 PM

Want to put 100k FD. Which bank offers the best and no risk?

Read page 1 and take banks with pidm. No spoonfeeding.

Thank you, looking forward to OCBC, UOB and AMBank promotion.

Affin bank is going to have their CNY FD-promo too.

OCBC has 4.5% for 12 months.

AmBank only got standard rates for now.

Right now, I consider HLB FD 4.5% pa for 6 months tenure with monthly interest payment to be the best promotion in town. Minimum placement amount is 10K.

I thought OCBC 4.5% for 12 months had just ended on 31st December, 2015.
Has this offer been extended?