Great sharing, I can see that you just did a total RM500k FD in multiple of 30k to HLB.
Just to reconfirm, say my source of fund is from bank A with a daily IBG limit of 30k only, I can breach bank A daily IBG limit and make multiple 30k FPX transfer to HLB every 20min ??

Thank you very much for the confirmation. Very valuable info.

This is what I got from FPX FAQ, very vague.
What is the maximum transaction limit?
For individual banking account, maximum amount is limited to RM 30,000.00 per transaction For corporate banking account, maximum amount is limited to RM 1,000,000.00 per transaction. However, the above limit is subject to the customer’s Internet banking transaction limit, whichever is lower.

As for the 500k FD amount, I based on the actual picture you posted, I didn't speculate.
But don't worry la, this is internet, no one knows the real you in real life.

That's why I rank your info one of the most valuable in this thread.
Who would have thought of FPX daily limit is direffent from IGB/IBFT daily limit if you didn't share this info.

I think he is using individual account, otherwise he could have FPX RM500k in one single transaction.

U need to initiate FPX payment at FPX merchant's payment portal, not your internet banking portal.
Have you try paying Air Asia via FPX? It a same thing, after you click your preferred bank with FPX payment option at AA portal, a small Internet banking login window will pop up.

FPX is a B2C and B2B payment gateway, more for bill payment instead of fund transfer. You can only FPX to a registered FPX merchant. If FPX can be used for normal fund transfer, the breach of daily limit is scary.
As for HLB FPX FD promo, I guess it is considered as payment to HLB, not a regular fund transfer.

Ok. It's getting off topic, you may want to discuss FPX at the fund transfer thread liao.

I believe my reply is related to HLB FPX FD promo. Not off topic.

If you transfer above 20k, you need to use SecureSign ( a small password device like HSBC). Try multiple 20k FPX using PAC to HLB see if it works.

I smell it too. Imminent inflation ahead of us. I would rather go shorter tenure like HLB 4.15% 6mths now.

Did it just now. What a waste of my time going to the counter.
1. RM50k max. TnC did not disclose this info.
2. Can be done online.


This post has been edited by aeiou228: Nov 14 2016, 03:42 PM

I did it OTC, was told can be done online.
Placed via online can withdraw online. Placed via OTC much go back to home branch for upliftment.

Taikor, Im also not very sure. When I presented the voucher to them, they also kelam kabut searching for the guidelines. Initially they told me must place online only. I argued that the app didn't mentioned it.
There is an undisclosed cap of 50k ( now we know ), so the interest difference between the Tuesday 4.15% promo is just mere RM12.5. If I had known the capping, I wouldn't have gone just now.

You tabbed "redeem now" button before going to HLB ? That button is for HLB use only.

Why you always following wil-i-am's back and echoing and repeating what he posted ?

Did you fulfill the 10k min requirement per placement ?

This post has been edited by aeiou228: Dec 3 2016, 05:59 PM