3i / iiinvestsmart

Well if that is the case, it would be bad branding wise, not to give 4.18% if target not reached.

This one is a case for BNM to intervene, dont you reckon?

Yeah ,opening a new fd account with another bank can really be too time consuming sometimes that's why I just locked in for the 5 years tenure too.

Different bank branches and banks have different speeds to do things. While waiting at a bank, you could get some idea by timing how long it takes to handle various activities at certain times. I find this kind of collected performance info useful in planning the initial schedule and re-adjusting the timings to banks I could visit.

One solution for the opening problem is to open small FD deposits initially at a number of selected bank branches near to each other in advance when the depositor has the time to do so - maybe on a leave day. The only question is how long your FD account will remain once your FD matures, for you to re-use for another FD cert in the future when their rate is acceptable. Different banks have different operating ways about FD accounts.

Hopefully the eFD placement methods will evolve together with eCASA methods, so that we do not have to go physically to the bank to start things initially.

Yes, you need to go to the HLB branch you select as your home branch.

They have many products, so make sure the person attending to you understands that you want to open a personal (not joint) account that is able to do the FPX for the above promo and pay for your choice. For me a basic account without passbook was good enough.

For FPX thru internet banking,  you also need an ATM card. Change the pin number and then get the internet connection done up including your working e-mail address and handphone number..
Please consult the staff if you use smartphone app as to what is needed to be done.

Besides this, you also need a bank account with a different bank with  internet banking done up. This other bank holds the money as fresh fund to be paid to pay for the placement for the HL 4% promo. According to postings, only Maybank will allow you to place multiple eFD at HL (max each placement  is 30k) thru FPX for more than 30k per day without being limited by the total interbank transfer limit set by the bank. So if you wish to place bigger amounts in many placements in one day (instead of different days), Maybank is the only way.

The FPX transaction for placing the FD promo is done from the HL website - you may be confused because they have at least 2 HL websites. You must have your handphone ready for requesting TACs for HLB and the bank holding your money. There used to be a rather short time limit to handle everything before time out, so make sure you have your logins, passwords, handphone, TACs, amount and how to answer all ready. After logging in and selecting the eFD and filling up, you get passed to the other bank for login - what happens after this - I don't know if the different banks are different. After the usual SMS notifications, an e-mail holding a printable receipt will be sent to you but this may take some time later after accepted for processing.

The eFD can be seen when you login to your HL account besides your recent transactions and available balance.

That's true, I do hunt for places whereby most banks are close to one another.

11 banks within 3km considered good? lol

LOL where's this?

Initially wanted to use some fund for other purpose (ASNB  ). Now decided to put back to FD.

Did 2 placements for HL 8 mth 4% FD. Selected "Credit to Account" option, so monthly interest. I think someone said before no monthly interest option ? Maybe he/she has selected the wrong option.

Found this to be convenient instead of going to banks for the 4.08% FD. 

ya lor. EASIEST is online.

STUPID ALLIANCE BANK.

i call them at 10am.. 03-5516 9988. The person pick up phone says YES 4.05% still have.
then i took the trouble.. find parking.. walk in the hot sun....to go all the way there with my cheque book. then counter says. 2 days ago already finish quota!!! and push me UT /INS.

so, annoyed with them!!!!

i reluctant put more into HLB although its convenient coz most my FD now 70% already in HLB.

So, i think will temporary parking with MBB GIA first.

hmmm, fd also need to diversify?

ya lor. EASIEST is online.

STUPID ALLIANCE BANK.

i call them at 10am.. 03-5516 9988. The person pick up phone says YES 4.05% still have.
then i took the trouble.. find parking.. walk in the hot sun....to go all the way there with my cheque book. then counter says. 2 days ago already finish quota!!! and push me UT /INS.

so, annoyed with them!!!!

i reluctant put more into HLB although its convenient coz most my FD now 70% already in HLB.

So, i think will temporary parking with MBB GIA first.

Best to check with bank first before going all the way there for OTC placement. Call first.

I parked the dough in MBB GIA to get some interest before finding a more permanent home for the dough.

BR, RHB both has 4.08% FD promo. 

that was the reason i was so annoyed.. i actually call first 1 hour before going to Alliance Bank.!!!!

I see. Some of their personnel do not check first before answering question. I normally tried to check with officer or manager level or WhatsApp before going. 

anyway i just the CALL CENTRE again now and informed them of their OUTDATED INFORMATION.. Coz they still sweetly inform me .. latest FD promo 4.05% 12 months... !!!
I request them to update their information to save another customer from making a WASTE TIME trip to their bank...!

Best to check with bank first before going all the way there for OTC placement. Call first.

I parked the dough in MBB GIA to get some interest before finding a more permanent home for the dough.

BR, RHB both has 4.08% FD promo. 

RHB got 4.08% ??