This is worrying.
While waiting for hq investigation. I'd suggest you go to your HLB home branch and report it to the branch manager or RM. More ppl follow up to expedite your case.
Please update the forum.

your eFD is visible to you online, but when you tried WD, it says no eFD and already 9 days. the bank is lucky you can be so patient,for me i would have whacked them R L and centre and demand for compensation for loss of opportunity cost, must be in black and white not verbal/no proof.

but isolated case as we have thousands here with eFD, no complaint so far

take only what you think is useful la

your stable coins still doing well despite the Luna crash?

depends on the quantum from the big picture.

luckily is isolated case only...but yeah must involved the higher ups, just talking to frontline or CS no use.

I have reported the case to BNM. Will update the forum if any progress next week.

While in Henan, China, depositors were unable to withdraw their savings ( amounting to approx 40b RMB) from four village banks since April this year. Depositors protested but got beat up/crack down by large number of white shirt/black trouser men. Depositors contact tracing app got red-tagged to restrict their movement to run the banks. Very fishy, why need to remove the uniform in order to do the crack down.



This post has been edited by aeiou228: Jul 16 2022, 01:21 PM

Yes, main point is stick to only trusted stable coins

So now its open to all.... b4 this 3.2% rate is only for their priority customers with min 200K deposits.... i think the only difference now is priority customers gets to enjoy mthly interest bank into their acc only....

I put in lately big amount into cimb preferred 2.6% for 3 months. Seeing how interest rate going up, will only lock down after the next opr rate.

Also seems bond rates going up, but I still stick to FD for now first. Citibank can give special rate if amount high for 6 months. Please request if you need it.

UOB, OCBC bank allows online upliftment for OTC placement. Ambank doesn't allow, but you can sent an email to the branch in concern requesting an auto credit of your FDs upon maturity, they will set up standing instructions for you. Done, u get your money on FD maturity date. Generally, i believe local banks will accept email requests, give a reason, like, covid-19.

Yes and they were very strict on this. No priority, only the total unattractive base rate. Guess they have realizes some outflow of funds and reacted.

I keyed in the promo code but not eligible. How to entitle for that?

The Ambank 3.2 % BEST12 promo is supposed to open on Monday 18 July 2022. You are too early.

This post has been edited by oldkiasu: Jul 17 2022, 08:51 PM

quote
2)Get FD that pay interest much earlier before maturity
monthly the best
unquote

Yes, it makes lots of difference. Few years back, OCBC n Public Bank paid monthly interest on FD.

Yes, if i am a general,.. I would want them to focus more on significant n impactful work...
Not by mere thinking about the effect of "compounded interest" kind of benefits...
Well, Unless the variance of rates or the amount placed is extremely large.
Else it would be just insignificant.... Yes it will have impact,... But insignificant....
If really wanted to hv just impact without considering the quantum of impact,... Just go concentrate on getting more net saving from the monthly income..
(*insignificant adverbs used is from my POV may not be same as others)
Really no points of telling and talking about how much you can do squeeze more or better in FD... If the value inside or the variance of rates is low, very low.
A 100k inside @ 0.5 % variance is just RM42 a month. (Having 2x less Starbucks coffee would hv saved that n a more healthier life style too)

I would think it is better to just spend time doing a more productive things....ex: Like doing some housework to ease your spouse daily chores or just try to make her happier than writting a none focused or too heavy in details or none specific focused details of what you can do in FD. While critising others whenever there is a new chance

This post has been edited by yklooi: Jul 18 2022, 02:02 PM

CIMB TIA Promo - From 15 July to 15 September

3 Months 2.60%
6 Months 2.70%
12 Months 3.20%

Minimum FD placement RM 10K. No PIDM


Affin FD Promo - Update

12 Months without Invikta 3.05%
12 Months with Invikta 3.15%

This post has been edited by BoomChaCha: Jul 18 2022, 07:35 PM

This is for everyone or only for those who have 250k aum with cimb? TQ

With all the long rantings, I almost overlooked the Am Bank 3.2% p.a. 12 months promo which started today.

Upon careful consideration, I decided to terminate the 70:30 Am Bank 3.53% p.a. 12 months promo & placed for the former, no issues at all.

Fund transferred out of Ambank and make a new placement on the SAME DAY of the SAME AMOUNT via Ambank Online FBX?

For everyone. Minimum placement is RM 10K.
But no PIDM protection, no monthly interest.

The above is for CIMB
--------------------------------------------



This post has been edited by BoomChaCha: Jul 18 2022, 07:20 PM

this cimb TIA or term investment account... it isn't really FD, unprotected by PDIM.



the best FD i know from CIMB is this one, just updated:




RM keeps falling... 4.5? 5.0??
1 USD = 4.45253 MYR
Jul 18, 2022, 11:31 UTC

better keep it at 3 months.... expect BNM to hike rates again on 8 September 2022.

Thank you for the correction

Which bank offers the best 3 months FD? Anybody knows?