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 Fixed Deposit Rates In Malaysia V. No.15, Strictly for FD Discussion Only

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cyclopcom
post Mar 16 2025, 02:58 AM

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When e-invoice is implemented in the banking industry, does it mean that the government will know how much money and fd you have in the bank?
cyclopcom
post Mar 16 2025, 11:14 AM

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QUOTE(ericlaiys @ Mar 16 2025, 08:55 AM)
not like u can hide. unless you decide to hide at home.
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This is not a question of whether to hide or not. You should know that these government data may be leaked, and then you will become a target of criminals, including fraud.


cyclopcom
post Mar 16 2025, 03:43 PM

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QUOTE(koja6049 @ Mar 16 2025, 01:16 PM)
what does e-invoice have to do with fd? fd is not a payment to the bank
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i am not sure, that is why i am asking here. When you use FPX to place FD, the merchant name is the bank name, it sells its product EFD, your name is listed as the buyer, so there is a payment id and transaction reference. Overall, it looks like a payment transaction.

cyclopcom
post Mar 16 2025, 05:07 PM

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QUOTE(koja6049 @ Mar 16 2025, 03:58 PM)
e-invoice is for payment transactions only. Bank charges, fees, interest rates are all payment transactions, so you can request e-invoice for these transactions. deposits and loans are not payments, they only hold these monies in trust, you're still the owner of the amount. At most, only the fd interest can be recorded in the e-invoice, not the whole deposit amount.

Anyway, lhdn already have a clear guideline on this: https://www.hasil.gov.my/media/acil1u20/spe...-unit-trust.pdf
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Thanks for your info. thumbsup.gif
cyclopcom
post Nov 24 2025, 05:41 PM

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QUOTE(HolyCooler @ Nov 24 2025, 04:33 PM)
Ya, this is the stupid thing surprised me. After i uplifted and transferred the fd money into my saving account, i can't do anything with my saving account now. Any amount i try to transfer , even to my own loan accounts, will tell me daily transfer limit reached. This setting really doesn't make sense.
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i found from maybank website https://www.maybank2u.com.my/maybank2u/mala...s/transfer.page,
it says INTERBANK GIRO (IBG) under intrabank Daily transaction limit (RM per day) BRANCH COUNTER RM1,000,000, maybe they combine intrabank and interbank together already. Maybe next time you can try rentas which it says is unlimited.

This post has been edited by cyclopcom: Nov 24 2025, 05:46 PM

 

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