Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Maybank eGIA-i 3.45% p.a., Rojak of SA + FD + MMF

views
     
bm_kia
post Nov 8 2016, 04:54 PM

Getting Started
**
Junior Member
149 posts

Joined: Dec 2008
Quick question for those that have uplifted prematurely (since I haven't done this before)

Let say you place for 6 months but do a full upliftment after 5 days. Do you still get interest for that 5 days?
bm_kia
post Nov 8 2016, 05:02 PM

Getting Started
**
Junior Member
149 posts

Joined: Dec 2008
QUOTE(vincabby @ Nov 8 2016, 04:54 PM)
yes
*
Thanks. Another noob question: Do you get the interest immediately upon upliftment or do you need to wait till end of a month?
(Since it says on the website that Payment of profit is on monthly basis)

bm_kia
post Nov 15 2016, 11:16 PM

Getting Started
**
Junior Member
149 posts

Joined: Dec 2008
Is it possible to make a placement over the counter via cheque and do uplifting the next day? If yes, this would be awesome as some foreign bank has 2 days float
bm_kia
post Nov 16 2016, 02:22 PM

Getting Started
**
Junior Member
149 posts

Joined: Dec 2008
QUOTE(cklimm @ Nov 15 2016, 11:45 PM)
Oh yeah, write a 100k cheque with RM 0 in account, walks away with 100k cash and let the cheque bounce.
Why I never thought of this?  notworthy.gif
*
No la, what I actually meant was, let say u have a large fund in Citibank. And you want to place that amount in e-GIA. If you write a Citibank cheque and deposit it into your MBB acc, it would take 2 days before the fund is available for u to place it. You are gonna lose 2 days of interest. Now assume u straight away open a GIA with that cheque over the counter. Is that possible? If yes, then the next question is for the GIA you place over the counter, can you do the upliftment via M2U?

bm_kia
post Nov 16 2016, 03:36 PM

Getting Started
**
Junior Member
149 posts

Joined: Dec 2008
QUOTE(Avangelice @ Nov 16 2016, 02:29 PM)
quick analogy.

say you are selling an iPad online. would you dare to send the iPad to the seller if he posts a cheque to you claiming it will go through?

exactly why banks wouldn't do that.
*
Placement over the counter for GIA is definitely possible if you read the T&C:
http://www.maybank2u.com.my/WebBank/gia141016_tnc.pdf

"GIA campaign placements can be made over the counter (OTC) or via online platforms i.e. web or
M2u application. It is compulsory for customers to have either Deposit or investment account with
Maybank for profit payments"

The question is can you do placement by cheque? I have done that before for FD, cheque from other banks.


bm_kia
post Nov 16 2016, 05:09 PM

Getting Started
**
Junior Member
149 posts

Joined: Dec 2008
QUOTE(wil-i-am @ Nov 16 2016, 03:39 PM)
U can perform placement by cheq at otc ony
*
Yes...can you then do the upliftment on M2U for the OTC placement?

QUOTE(Avangelice @ Nov 16 2016, 03:54 PM)
I think the question was if I send cheque to open the account can I open the account immediately? since someone said there will be a waste of two days.
*
Exactly, that was my question. I remember from my experience that FD is dated based on the day the cheque is deposited. But that was another bank. I never done it on MBB
bm_kia
post Nov 17 2016, 04:51 PM

Getting Started
**
Junior Member
149 posts

Joined: Dec 2008
QUOTE(wil-i-am @ Nov 17 2016, 11:20 AM)
Nope
I can view the otc placement via online but unable to uplift as they have disable the function
*
I see, not that useful then...what we want is the ability to uplift online, hehe

 

Change to:
| Lo-Fi Version
0.0438sec    0.40    7 queries    GZIP Disabled
Time is now: 10th December 2025 - 01:19 PM