still HLB the best, can do e-FD with promo rate
going to branch is really not convenient

anyone know whether any bank in msia offering foreign currency fd?

Just kautim HLB...need to FPX from 3 different banks due to limit

Oh ya, so u have not dispose of the BR FD with rate of 4.5% last year ?

Small boss only, the company is also for income tax purposes


Last year's BR 4.5% next week only maturing, so i'm doing the background study now to be prepared when the time comes.


Yes, unfortunately for individual is only 3.8%.

If you have quite alot of funds, it is not too expensive to start a sole proprietor company for this purpose especially when you can do it online now.
http://www.ssm.com.my/en/sole/starting-a-s...hip-partnership

Lucky u !

I remember we both placed for the BR 4.5% last year about the same time. I have disposed of that one and moved to HL. U still have your own sweet time to study !

BR no FD promotion as of Monday 2 days ago.

This post has been edited by bbgoat: Apr 5 2017, 08:20 AM

Just saw this, the 4.2% new CIMB PB can get also:

http://www.cimbpreferred.com.my/en/lifesty...osit-offer.html

yeah HLB really advance. Even if you have one debit card, you can share Business and personal account together only one link.

The Islamic FD with monthly interest is also eligible for the 4.2% special rate.

CIMB RM told me yesterday the Islamic one is 4.15% but with monthly interest. You have placed the Islamic one at 4.2% with monthly interest ?

I did not personally place the FD but according to the T&C on the website, both Islamic FDs (monthly interest & interest on maturity) are eligible for the 4.2% special rate for Preferred account holders. Maybe you ask your RM to check with HQ or you can confirm with another branch.

Link here

I need to confirm with CIMB RM again. I have read the Conventional T & C. But the Islamic one have to clarify.

Edit:
Confirmed with CIMB RM, the Islamic one 4.2% can get monthly interest. Just came out this week.

This post has been edited by bbgoat: Apr 5 2017, 12:27 PM

Thanks, ya, I got my answer yesterday evening after calling them.

On Bank Muamalat, I just called the hotline, here what needs to be done to open a business account:
1. Submit photocopy of IC
2. Submit company registration form

Apparently need to take about a week to process & then only approve the application.

Once approved, deposit RM1k into the current account but after that it can be taken out.

I will go to the branch, if really need 1 week, I may just go with CIMB.

Thanks for the info !

Ya, unless fund also available the same time, may not be worth it waiting for a week.

... just wondering ...

Is interest from fix deposit open by company taxable? I know individual is not taxable, but I am not sure about company opening fix deposit account ...

... tks in advance ...

Need to have saving acc with CIMB? I only have their CC and I receive the SMS for normal customers.

So wondering can I go for it without CIMB savings account

EDIT : just checked online, need saving account

This post has been edited by Devil4life: Apr 5 2017, 03:59 PM

as of today, this CIMB promo is the highest rates, followed by affin bank, right?

AmBank with the 4.35% for 5 years tenure?

take note, it's for senior citizen, or joint with it.

Yup I know , I was responding to the previous question about the best rates currently available.