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 Fixed Deposit Rates In Malaysia V. No.11, Strictly for FD Discussion Only

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cj7lee
post Dec 8 2015, 10:38 AM

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Thanks Ah Siang
cj7lee
post Dec 13 2015, 10:18 AM

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QUOTE(sandkoh @ Dec 11 2015, 10:29 AM)
tun, for normal customers:

mbb rm 0.53
uob rm 0.68
pbb rm 0.68

please stop saying rm5+ for bc.
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Are you sure MBB charges only rm 0.53 for BC ? I have been paying more than RM 5.00 for the BC mad.gif please kindly show me where do you find the info of rm 0.53 ?

[Update] after some google, I found this info published in Remittance Fees : For public, the price for MBB BC is rm 5.30!

[Update 2] also google about the BC charge for PBB, it is indicated in its Remittances and Standing Instructions that the cost is RM5-30 per piece plus stamp duty.

This post has been edited by cj7lee: Dec 13 2015, 10:29 AM
cj7lee
post Dec 13 2015, 10:32 AM

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QUOTE(bbgoat @ Dec 13 2015, 10:30 AM)
I also paid 0.53 for MBB BC. For MBB it has to be from FD maturity. If from SA, then not sure the fee. Forgot the figure as once I got a BC from SA.

For PBB you need to say deduct the fees from the FD. Some of the PBB counter staff did not know also. I was in PBB one day in the morning and afternoon. The afternoon encountered diff staff who did not know and I asked him to check with the morning staff on the charges. By deducting from the FD, it made the FD number odd figures (from say round figure placed). But that is the only way to pay 0.68 for BC.  biggrin.gif
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Thanks for sharing this info, the websites never published all these insider info vmad.gif
cj7lee
post Jan 6 2016, 01:37 PM

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QUOTE(wesleycjh @ Jan 6 2016, 11:23 AM)

We refer to your email enquiry and would like to confirm that since you have no CASA account with the bank, the only way that you would like to withdraw your Fixed Deposit is by Cashier's Order payable under your own name, the charges for Cashier's Order is RM2.80.

Hope the above clarification is clear to you.

Thanks & regards

Selly


Based on above response, I think the Bank Cheque charge is not standardized but on branch basis. Previously I had one FD matured, initially they are going to charge me RM2.80 for BC, but I told them I called CS that only need to pay RM0.68 (actually i didn't call CS, but just based on response from HumanNature and BBgoat to try my luck  tongue.gif ), after several discussion and with my insist, they finally agreed to charge only RM0.68. smile.gif

I got another FD going to mature on mid of Jan, to prevent the argument again, i logged the case above. With above email response seems like no choice but have to pay RM2.80 for my BC on my next visit  cry.gif
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Just google and you will find the break-down of the fee of UOB Cashier's Order in this page. My guess is the service charge of RM2.12 can be waived at the discretion of the branch.
cj7lee
post Jan 7 2016, 09:27 AM

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QUOTE(bbgoat @ Jan 6 2016, 06:41 PM)
Thanks for the update.  thumbup.gif

But UOB as a company should have a more clear cut fees structure. That means local branches can have their own ways to charge fees even within the same state in Malaysia.  doh.gif
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As mentioned in my post #1018, the fee structure of UOB cashier's order is listed in their website: Cashier's Order


This post has been edited by cj7lee: Jan 7 2016, 09:29 AM
cj7lee
post Jan 20 2016, 02:23 PM

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Based on BSN's FD Product Disclosure Sheet link, monthly interim interest will be given to FD with amount min RM5k in single certificate and tenure of 6 months and above.
cj7lee
post Jan 28 2016, 09:44 PM

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QUOTE(Clement1001 @ Jan 28 2016, 06:58 PM)
Which branch ? I was told the Interest will only payable after mature period. blink.gif
The lady at the front desk looks uncertain and approach her manager, then her manager make a call, then confirm to me. rclxub.gif
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QUOTE(ssiapf @ Jan 28 2016, 08:46 PM)
I went to the BSN branch and they told me for 4.75% 5 years, only paid out every 12 months , i went on yesterday.
Can any1 get a confirmation from the BSN?
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Please refer to my Post #1522, there is a link to the Product Disclosure Sheet, monthly interim interest will be given if you meet the deposit requirements.
cj7lee
post Jan 29 2016, 08:16 AM

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QUOTE(wjchay @ Jan 29 2016, 08:11 AM)
I locked in 5 years @5% about 8 years ago, interest every 6 mth. Then about 3 years ago, it matured and renewed to 4.75% for 5 years, interest every 6 mths. The so institution is MBSB. I just checked their website, there's no more 5 years FD anymore sad.gif
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Now the BSN 5 years FD is the best in the market, interest rate 4.75% p.a. and monthly interim interest.
cj7lee
post Feb 2 2016, 02:05 PM

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QUOTE(hamtarox @ Feb 2 2016, 01:57 PM)
General Investment Account-i (GIA-i) seems like giving more than 4%P.a. Last month i put 7100 test water.
if base on my calculaton  interest suppose to be RM23.666,but today i check it give me RM24.05
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The interest is counted by no of days in that month, for January the interest is

0.04/366*31*RM 7100 = RM 24.0546

cj7lee
post Feb 4 2016, 09:52 AM

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QUOTE(coolstore @ Feb 3 2016, 11:49 PM)

today went to bsn do a 12mth 4.5%, only know that bsn branch do not issue banker cheque, only hq bsn got this facitility, hard to believe.... when fd mature issue cash to u... i think i would use ibg transfer
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BR also does not issue banker cheque...
cj7lee
post Feb 5 2016, 10:03 AM

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QUOTE(yygo @ Feb 4 2016, 04:43 PM)
ok, bsn deposit is said to be guaranteed by the government
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It is guaranteed by the government as stated in Akta Bank Simpanan Nasional 1974, seksyen 20 Gerenti Kerajaan
Here is the link to the Akta
cj7lee
post Feb 16 2016, 09:05 AM

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QUOTE(kelvinbaby @ Feb 15 2016, 09:12 PM)
Dear Maybank GIA Investor, May i know the this month The GIA interest is low compare to November?My November and December interest is at 4.5%
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I got exactly 4.0% p.a. for both Dec and Jan.
cj7lee
post Feb 16 2016, 11:02 AM

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QUOTE(cybpsych @ Feb 16 2016, 10:46 AM)
the best part about MBB GIA-i's rate is it also applies to eFD too.

I've put some fund last month for 3-month tenure (MBB GIA-i eFD, monthly crediting of profit). it gave me indicative rate of 4% p.a. Will monitor the effective rate once mature in 3 months time.
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one month GIA-i eFD also 4.0%.
cj7lee
post Feb 19 2016, 09:07 AM

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QUOTE(mrlovesmrs21 @ Feb 18 2016, 10:54 PM)
To which account the GIA e-FD interest will be paid to monthly? The saving account or the FD account itself?

Means we transfer a sum from the savings to GIA e-FD & no need walk in to the bank to personally do it?

Thanks
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For the placement of GIA e-FD, you can do it online. The monthly interest can be credited into your saving account or you can choose to roll over the interest in the FD account.

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