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 Fixed Deposit Rates In Malaysia V. No.12, Strictly for FD Discussion Only

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Dixon93
post Feb 24 2016, 10:04 PM

huh what?
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Senior Member
921 posts

Joined: Apr 2008
From: KL


Hi guys!
Got a small question, I got some extra funds parked at SG account. Thinking to put in Malaysia FD since it offers better rates, as I needed the money in next year perhaps.

How does the process of opening a FD account?
Do I need to carry let's say 30k cash to the bank? because I don't have an existing account for let's say RHB.

I'm thinking to put into PublicBank, since I had an account there. So the procedure is to transfer funds to my SA first, then I visit the branch to open a FD?

Thanks!

This post has been edited by Dixon93: Feb 24 2016, 10:05 PM
Dixon93
post Feb 24 2016, 10:13 PM

huh what?
*****
Senior Member
921 posts

Joined: Apr 2008
From: KL


QUOTE(cherroy @ Feb 24 2016, 10:11 PM)
You can TT to the local bank saving/current account first, then proceed to place the FD.

It still will be deemed as fresh fund as long as one placed the FD within days of money credited into SA, whereby one can get promotion rate through fresh fund FD placement.
*
This really helps. thanks alot!
Will go ahead on PublicBank Promo
Dixon93
post May 31 2016, 01:59 PM

huh what?
*****
Senior Member
921 posts

Joined: Apr 2008
From: KL


Speaking of the Maybank eFD Flexi Campaign, I'm thinking to put some funds for a year.
I still figuring out is this the correct setting below to take advantage of the campaign rate instead of the board rate?

I selected credit to account as listed on their T/C. A small advice would be appreciated!


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Dixon93
post May 31 2016, 02:14 PM

huh what?
*****
Senior Member
921 posts

Joined: Apr 2008
From: KL


QUOTE(cybpsych @ May 31 2016, 02:07 PM)
read the instructions here

Process Flow for placement
*
Thanks! Its really helpful and I overlooked there's a mini flow link on the page =)
Have a great day

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