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

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qse6236
post Aug 13 2021, 11:52 AM

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QUOTE(Sky.Live @ Aug 13 2021, 11:40 AM)
any idea if maybank has any FD promo? anything better than promo rate
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Nowadays hardly seeing 'BIG' banks having fd promo. 😅
qse6236
post Sep 1 2021, 12:04 PM

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Just got the BR manager's reply, TD ice cream promo no extension 😑
qse6236
post Sep 1 2021, 12:34 PM

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QUOTE(Human Nature @ Sep 1 2021, 12:09 PM)
Did you ask if there is a new campaign or back to base rate?
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Yap. Back to base rate 😑
qse6236
post Sep 7 2021, 11:43 AM

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QUOTE(c64 @ Sep 7 2021, 11:10 AM)
Just curious...is everybody active in this thread > 50 yrs old? Lol.
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🙋‍♂️
qse6236
post Sep 13 2021, 02:45 PM

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QUOTE(themanf2003 @ Sep 13 2021, 02:40 PM)
Does this need fresh fund which is fpx from other bank ?
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FPX should be considered as fresh fund 😊
qse6236
post Sep 21 2021, 02:48 PM

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RM0 RHB: Bank safely at home with e-Term Deposit via RHBNow by 30/11/21 & earn 2.40% p.a. for 6 or 9 months tenure. T&C apply. Visit rhbgroup.com/s/24b

👆SMS received
qse6236
post Sep 21 2021, 03:42 PM

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QUOTE(cybpsych @ Sep 21 2021, 03:26 PM)
Announcement - Receiptless Withdrawal for Fixed Deposit/Term Deposit-i | Alliance Bank Malaysia

Dear Valued Customers,

Effective 1st December 2021, Customer are not required to present the original Fixed Deposit/Term Deposit-i receipt or certificate for renewal or withdrawal of Fixed Deposit/Term Deposit-i.

This shall apply to the following Products:
a) Fixed Deposit
b) Alliance FD Gold
c) Term Deposit-i
d) Junior Smart Term Deposit-i
e) Foreign Currency - Fixed Deposit

For more info, please call our customer Service at 03-5516 9988 or log on to www.alliancebank.com.my.

Thank you.
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That's very good.. All other Banks should be following this way moving forward

qse6236
post Sep 22 2021, 04:28 PM

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QUOTE(michaelchang @ Sep 22 2021, 01:55 PM)
I also like to do everything online as I live overseas. OTC is very inconvenient for me

But one day, when I die, my family will have a hard time proving that banks have my $$ because only one issue FD cert and only 3 have bank book. I have more than 10 different bank accounts in SEA.

If the bank is dishonest and say I don't have $$ with them, my family will not have any prove with them to claim.

Since 2 years ago, I do screen shot of my bank account and print out every 6 months. Very tedious process but necessary so that my next of kin could get my inheritance
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Of what I know, normally the next of kin will engage an advocate to apply for the Probate or Letter of Administration.
Hence, advocate will write to Bank for the deceased bank ac balance by providing proof of death cert. In response to it, Bank usually will reply accordingly.
On the dishonest bank want to take the money, I think it may not happened. Basically after 7 years of no activity of the ac, the money will have to be transferred to Govt under Unclaimed Money Act. By then will have to claim directly from Unclaimed Money Departmental.


qse6236
post Sep 23 2021, 09:40 AM

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QUOTE(michaelchang @ Sep 22 2021, 04:54 PM)
What u wrote is the correct procedure

But in actual fact, many inactive account in Malaysia, the $$ got stolen by employees

My personal experience, with probate, bank still refuse to release info nor let me withdraw. Only relent when we arrive the following week with police report and lawyer but still refuse to provide printed statement of last month statement.

They just give "balance" of what they supposedly see in their computer (which we can't see) and ask to sign documents that say we close acc on behalf of deceased.
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Would be interesting to know which bank employees 😳
P/s admin, sorry out of topic here 🤐
qse6236
post Oct 23 2021, 08:38 PM

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QUOTE(cfc @ Oct 23 2021, 11:20 AM)
hello.. i want to ask for RHB online eFD
if it show maturity on 24/10/2021, can i withdraw./uplift on the 24th ?
Or do I have to wait until 25/10 only can do withdrawal ?
thanks
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RHB is a bit funny bank. i tried to withdraw on maturity date but was not successful bangwall.gif . but for upliftment.. yes.. rclxm9.gif

This post has been edited by qse6236: Oct 23 2021, 08:44 PM
qse6236
post Oct 29 2021, 12:12 PM

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QUOTE(frozz@holic @ Oct 29 2021, 10:10 AM)
new rule ? other banks have something like this too ? this is interesting ... I dislike being force.
Any links or more info for further reading ?  thanks ahead.
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Normally there are requirements for customer to maintain some minimum balance in the CASA FD in order to be the member of bank's Priority / Premier / Private / Privilege / Red Carpet etc. Falling below the balance required, will be subjected to monthly maintenance fee charged by Bank, ranging from RM 50 to few hundred if I m not wrong.
qse6236
post Jan 10 2022, 02:10 PM

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QUOTE(GrumpyDiver @ Jan 10 2022, 01:25 PM)
UOB 12m @2.3%
Any 12m FD above 2.3% now?
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HLBB 2.40%
qse6236
post Apr 12 2022, 08:25 AM

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QUOTE(MUM @ Apr 12 2022, 08:05 AM)
When is the actual date of pull out?
Is it still within the period offered by that fd duration?
Usually under the normal situation, other banks would take over the business... Else current borrowers no need to pay back the loans?
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Citi to sell consumer business in Malaysia, Indonesia, Thailand and Vietnam to UOB Group
PUBLISHED THU, JAN 13 2022 11:06 PM EST
UPDATED THU, JAN 13 2022 11:09 PM EST
Saheli Roy Choudhury
@SAHELIRC
WATCH LIVE
KEY POINTS
Citigroup will sell its consumer banking businesses in Indonesia, Malaysia, Thailand and Vietnam to Singapore's United Oversea Bank


qse6236
post May 12 2022, 09:30 AM

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QUOTE(oldkiasu @ May 11 2022, 05:38 PM)
Looking to read feedback from FD clients. Just curious question concerning financial literacy of people.

As readers at this forum, do you routinely place Fixed Deposits at the minimal Board Rates available (based on Maybank FD Board Rates wef since 9 July 2020), or at the promotion FD rates for general public at any particular period, or at special promotion FD with special conditions for select clients?
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I think it's all depend on your FD balances. And if it is worth and no harm, why not to go for better rate.
Let retirement be more enjoyable and peace of mind when your money or assets can work harder than before 🤑🤑.
My view only.
qse6236
post May 12 2022, 09:38 AM

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QUOTE(bbgoat @ May 12 2022, 09:32 AM)

Pulled out from SCB priority banking after their FD promo ended few years back. 2 mths high FD return, not worth the effort esp only 50k can get that FD rate, the other 250k ?

Esp as u said there are other TnC involved.  :thumbsup:
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Yap. Figure game. I prefer pure traditional fd
qse6236
post Jun 24 2022, 08:25 AM

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QUOTE(mubaraksofea @ Jun 23 2022, 01:54 PM)
HLBB 12-month FD Campaign
Hong Leong Bank 2.80% p.a. 12-month Fixed Deposit. Just walk in and ask for their 12-months FD fresh fund offer. Campaign end 30 June 2022
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If not mistaken this is only the new eFD customer @😑
qse6236
post Jun 29 2022, 04:17 PM

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QUOTE(kit2 @ Jun 29 2022, 07:36 AM)
end of promo meaning new promo coming soon? my fd with br matured yesterday so should i wait?

internet placement meaning need to open CSA with them and get and pay annual fee for a debit card?
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For me I would place shorter term. 1 month. for wait and see
qse6236
post Jun 30 2022, 08:55 AM

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QUOTE(dannyw @ Jun 30 2022, 08:29 AM)
Did you get the extra 0.20% Bonus?
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31 Mar 2021 🙈
qse6236
post Jul 6 2022, 09:08 AM

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QUOTE(propusers @ Jul 6 2022, 08:48 AM)
i am newbie to this TIA-i account...
if i only have FD account and Current account with HLB, can I apply this account via HLConnect online?
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Should be able to do so.
qse6236
post Jul 6 2022, 09:16 AM

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From HLBB connect TIA..3months promo
Profits Sharing Ratio
Indicative Rate
85:15 2.55%
At the end of tenure the customer will only get 2.55 x 85% = 2.1675%
Is my understanding correct?


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