When economy goods, as inflation will spike, and loan demand is high ---> Interest rate higher, just like what is happening in US, interest rate raised.
When economy no good, inflation died down, loan demand is low --> central bank often resort to lower interest rate to boost consumption to revive the economy.

If Malaysia GDP growth drops below 4%, the likelyhood of interest rate cut is there.

The recent of higher FD promo has a lot to do deposit growth slower than loan pace, as recently financial market situation has led to plenty of funds outflowing since second half of 2015, but the outflow seems slowing down a lot lately.

While if loan demand slow down, there is no urgency for banks to chase after deposit already.
That's why we see banks starting offering higher rate for shorter tenure one.

I just placed Affin FD 4.5% for 12 months yesterday, please see picture:

[attachmentid=5969802]
According to BR staff, if the amount is big like RM 200K and above, then Yes, BR will issue a banker's check..

hmm i guess must be aim by someone else.. i always take precautions step.. all my notes are 100 .. so not so obvious lo.

yes nowadays most of banks will ask u fill form if u deposit >50k over counter

if u deposit via ATM, then wont have such issue

may i know how much interest u got last time for 5 yrs?

Not much lah... Mine is 5 years FD..
I will open the warp and show each item inside hamper later..
I have Affin saving account.
But when I placed my 4.5% FD, Affin did not mention about saving account.

I will ask Affin bank and let you know next week.

I think Affin Bank is checking my source of income, I will need to go back there to
fill out a form next week.

But my FD amount is only RM 66,000.00, this amount also need to check
source of income meh..?

Happy Chinese New Year to you and everybody in advance too.. 
Recently I see so many leng lui here, so I have to show up..