Look like 'either one to sign' clause only applies when both account holders are alive.
There is also mentions of a "survivorship clause", which means in the event of death of one of the joint account holders, the surviving joint account holder is entitled to the monies in the joint account.

JOINT BANK ACCOUNTS: WHAT HAPPENS IF ONE OF THE ACCOUNT HOLDERS DIES?
LETTER:Uniform bank policy needed.

This post has been edited by sirius2017: Jul 9 2023, 11:30 AM

My comment is clarifying nexona comment that just bring death cert to proceed.

What you suggested is what all banker recommended to do in any death that involves joint accounts.

Either to sign is the "unwritten" rule to address that narrow window of withdrawal opportunity before the system pick it up. Hope and pray bnm system is still not up to the minutes on death reporting ......

..

This post has been edited by Michael12345678: Jul 10 2023, 01:56 PM

since when BI 5%?
u sure ka?

Does BI give 5% now bro?

Any link or pamphlet?

show proof that final effective rate is 5%

final day for cimb fixed deposit, 3.9% PA. Trick is you will only get the rate if you click from the promo link, "Place Your Deposit Now".

https://www.cimb.com.my/en/personal/day-to-...rm-deposit.html

This post has been edited by ngaisteve2: Jul 10 2023, 08:45 AM

If really true?

I break & withdraw everything & dump into BI 5% rate u can't get this rate... Even with ASM for now.... Only EPF is possible but that one lock up until 55yo 😁

all my ASM also i move to BI if 5%

BI 5% ,is there anyone can confirm this?

No one can confirm this except for the guy that posted this. That's why everybody has been asking him and still waiting for his reply

Maybe he confuse BI with Rize…

Sorryy.. my bad .. its 4.5%. i just chk my fd agreement.

thx for correction

mmg dont have la

max is just 4.5%. just did my 2nd placement today.

Memang kaya

New campaign same, 3.90%.

https://www.cimb.com.my/en/personal/promoti...fd-efria-i.html

FD rates are losing steam....need to look for alternative

if u okay with Bank Islam 12m FD...

can see their 4.5% FD offering... not bad...

if want liquidity.... then ASM1 is your next best choice... anytime can withdraw... and the rate expected to be 4.5% also (depending on market situation & Fund performance)

Affin e-FD

eFD/eTD-i Campaign
Promotion Period: 8 July 2023 to 31 July 2023
Promotional Rate:
a. 4 months @ 3.80% p.a.
b. 6 months @ 3.85% p.a.
c. 9 months @ 3.95% p.a.
d. 12 months @ 4.05% p.a.


Minimum Placement Amount for Each Certificate RM10,000
Maximum Placement Amount for Each Certificate RM200,000

Terms and Conditions Apply.
https://www.affinalways.com/storage/campaig...ign-TnC-ENG.pdf
eFD and eTD-i are protected by PIDM up to RM250,000 for each depositor.

This post has been edited by datolee32: Jul 11 2023, 08:24 PM

Usually how long the process from death report issued until bnm freeze account?
Death cert is issued by hospital and death report is by police?Sorry for the noob question.