My 15-mth FD with StandChart matures today, did a free IFT to MBB saver-i, later going to do ePlacement to GIA-i using M2U.
I intend to uplift these placement at the end of everymonth to purchase units in fixed-price ASN funds, but if unsuccessful will put it back to GIA-i on 2nd day of next month.
This would maximise my interest instead of leaving the money in those high-interest Savings Account? Correct me if I am wrong, for this is a rushed decision to put in GIA-i.

Free ? Nice, and IFT stands for ?

He meant IBFT. Have been getting free IBFT from SCB for my JustOne acct also.

Yes, bbgoat is right, instant funds trasfer. But guys what do u think abt my plan?

Sweet! didn't realize SCB so generous.
So IBFT is free for both OTC and Online banking?
What about Interbank Giro transfer, also free for both OTC and online ?

Your plan should be working.
I uplifted 2 days GIA-I placement also can get 4% interest for 2 days.
Free IBFT is for OTC only ?

Mine is JustOne acct, not sure of their other normal CASA if also free ibg/IBFT.

OTC is not free. RM5 for RENTAS.

IBFT & IBG is free thru online banking. OTC IBG chargable at 53sen. Mine is Supersalary Acc, but I think all CASA entitles for this free transfer.

This post has been edited by MGM: Apr 13 2016, 09:27 AM

Yes, only online is free. SCB OTC RENTAS at RM5.

My SCB BSA also free instant transfer. My SCB matures today too and just did instant transfer for one, while have to go to counter to uplift for another cert. Once today is completed, will just left one more cert with SCB and then goodbye for good.

Yes, have been pulling out from SCB for last few months. Have to cancel their PB to avoid the RM100 monthly fees !

They have no new FD promo unlike last year, one of the best, if not the best, at that time 4.5%.

Personally, I will not return to SCB even if they give 5.0% Am already at points of no return. My branch is full of deceit and even their CS from HQ dare to deceive Bank Negara. Luckily I now have their admittance of wrongdoing in black and white. I will clear out all FD and close my CASA before taking action.

Oh.. didn't know about this...

What is the maximum fund is allowed to use FOC IBFT & IBG thru online banking..?

unker dun know?

50k.

Oh.. 50K..?

Let's say if got 6 figure like 300K, then can use 6 times (6 x 50K = 300k) of
FOC IBFT & IBG thru online banking on the same day..?

Got a sms from maybank : place miniumum RM10k for 12months FD enjoy rates of up to 5.75%... any details on this?

The 50k limit is a per day limit. So for 300k, you'll need to do it over 6 days.

tis is step-up fd, eff rate 4.31% oni.

why can't we stick on talking fd without further issues?

who cares if one uncle is gay, homo, disgusting pervert, sex maniac

another one likes old pros, not paying tax (for all u know, he may be 70 years old)

please stick to fd and no more pun ..................

Ok.. Thanks