what does the 2nd line mean?

open everyday.

but acct opening and fd placement must be by 530pm (system policy)

mine was rm100 as initial opening amt but later I withdrew out rm80 via affinonline.

then I withdrew rm10, now balance rm10.

with the new portal, it seems min is rm9 (will try this tomorrow)


**update**

good news, actual min is rm1 ... mislooked rm9 as min but in fact available balance.... so, i withdrew rm9, left rm1 now



This post has been edited by cybpsych: Sep 4 2019, 07:51 AM

no idea if there are specific tagging for efd. anything online is branch-agnostic (imo). just treat it as hq lo.

good also. go go

guess different account type.

yes, normal KYC process for banks.

just simple questionaire. they just need your verbal answers as confirmation of what you said

Affin: Revision of Fixed Deposits Rates Effective 25 September 2019
4 September 2019

We wish to inform that effective 25 September 2019, the revised Fixed Deposits rates are as follows:

Period	Current Rate	Revised Rate
13-60 m	4.15%	3.95%

For more information, contact our Call Centre at 03-8230 2222 or visit your nearest AFFINBANK branch.

no impact to existing placement

for 1mth tenure, can try pbb efd @ 2.95% p.a. Min placement rm1k.

dont think any other higher rate.

efd?

efd/otc is a matter of preference, and usually efd has lower rate.

your example, will get around rm152.08 profit.

no

fpx/paynet is the one setting the limit for rm30k per transfer (b2c model). diff bank may have daily limit, but still rm30k per transfer.

those with higher per transfer limit is upon special request and approval from paynet. not many did that.

fpx b2b model is max rm1mil per transfer. this is on different model.

This post has been edited by cybpsych: Sep 19 2019, 12:52 PM

Maybank, but at board rate.

https://www.maybank2u.com.my/maybank2u/mala...fd-fpx0619.page?

they intermittently open up fpx transfer.

https://www.rhbgroup.com/400/index.html

stated in the t&c

// 6. The maximum deposit amount per transaction via FPX transfer is Ringgit Malaysia Thirty Thousand (RM30,000) or subject to such prescribed maximum amount / limit of transfer in the Eligible Customer’s individual internet banking maintained with the relevant bank, whichever is lower. //

https://www.imoney.my/fixed-deposit-islamic

read the writeup below the page. this gives you some basic understanding.

for depositors (irrespective to race or religion), no issue to pick either one.

Low interest rates — a double-edged sword

In short, good for people looking to take out loans, and not so good for people looking to save money.