Clearly that was what MBSB showed in the table yet people still fall for it

Sorry, my mistake Below is the correct calculation:

RM 10000 ---> 70% to FD at 3.55%, 30% to Prime Win at 0.05%

FD: RM 7000 x 3.55% = RM 248.5 profit per year

Prime Win: RM 3000 x 0.05% = RM 1.5 profit per year

RM 248.5 + RM 1.5 = RM 250/2 = RM 125.00 is 6 months' FD profit

RM 250/RM 10000 = 2.5% effective rate

Yesterday went to BR to withdraw FD. Still old promo of 12 mth 2.6%.

Went to AB to place 70/30 FD/CASA promo. FD portion at 4.12%. Interest to AmStar with tiered interest. Calculated net around 2.85% to 2.95% or so.

Effective interest depends on amt in CASA (which one SA, AmStar, True Saving etc) and the tiered interest u receive.

This post has been edited by bbgoat: Jun 9 2022, 09:21 AM

Wah so is this an example of scam msg?

no. It is not. They send to me because I have a saving account there.

don't get consued. this is a valid msg from uob

i received this morning:

// RM0 UOB Puchong:Visit us for exclusive 12mth FD Plus@ 2.80%pa with min RM10K new funds on 11 June 22(10am-2:30pm).Info:03-80907333.T&Cs apply: go.uob.com/satfd .As a reminder, UOB will never direct you to a website asking for your personal banking details, including OTP or Card PIN. //

This post has been edited by cybpsych: Jun 9 2022, 03:06 PM

Guys, this few days saw few cases of money missing from bank account reported in chinese news media. I guess the old fashion way OTP placement OTP withdrawal is still the safer option.

You mean OTC

https://www.facebook.com/168151513217686/po...LRcyfdBVbl/?d=n

Yes, my bad. Thanks for the correction.

This post has been edited by aeiou228: Jun 9 2022, 10:12 PM

After so many reported cases, BNM finally break silence today.



This post has been edited by aeiou228: Jun 9 2022, 10:41 PM

My money transfer 99% online, can do umpteen times no queue, any time
if need OTC mati lah, impossible to do.
Security must improve , dont go back old methods

perhaps only those who downloaded some fishy stuffs kena,
so far none here lose any money right?
me so far 1 sen pun tak hilang.

I support to have the traditional official FD certs just like Bank Rakyat and MBSB, so if FD missing from Bank,
FD depositors can use the FD certs to ask Banks to responsible if the fault is from banks.

If bank internet security is not good enough to protect customers, the use back old traditional way is the only way.
I personally prefer to safeguard our money first.

This post has been edited by BoomChaCha: Jun 10 2022, 12:30 AM

I suggest everybody should make a screenshot of all FD info from your internet banking. Especially eFD that has no black and white on paper as proof, what if our eFD are suddenly missing, at least we have screenshot as proof to complain to banks.

no harm keep proof i just checked my HLB online all in order. I also noticed every withdrawal there is a clickable money trail records, can see when money taken out from where to where......if really somebody steal the money can trace back also. if whole page wiped off that is something big then the bank would be in deep trouble already whether u screenshot or not.


Attached thumbnail(s)

So far which banks have reported FD cases?

hi

anyone rhb account holder here?

Their new UI (since a few months back) doesn't allow new FD placement, tried several times, anyone has the same issue?

use the old rhbnow

cool, thanks friend

Damn, yesterday another 61yo ex policeman kena RM20k. Same modus operandi from the previous cases, transferred to ewallet.
Some of the previous cases that I read was that bank claimed that the fraudulent fund transfers were legit transfers and bank don't responsible for the loss.
https://www.sinchew.com.my/20220609/%e9%80%...b9%9f%e6%b2%a1/

Just to share my own precautionally security measure to minimise the financial fraud.

1) turn off unknown sources installation on the phone.
2) set "view only" for FD accounts. (Not all online banking supported)
3) only set max transfer limit on need basis.
4) OTC FD placement if possible.
5) The most important of all, activate and enable APP Approve.

Please share if you have any suggestion to improve the security.

This post has been edited by aeiou228: Jun 10 2022, 08:45 AM