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 Fixed Deposit Rates In Malaysia V. No.15, Strictly for FD Discussion Only

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PsychoJoe
post Jul 1 2021, 10:46 AM

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QUOTE(lifekiat @ Jun 30 2021, 12:57 PM)
Want to ask you all, any one experience this before?
Place E-FD via maybank2u, fund from Public bank.
Money deducted from public bank, but not reflected in maybank.
and the money gone....
called maybank, they just push the balll to public bank.... since is FPX, public cant do anything....

anyone know any fastest way to get back the money?
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I just encountered the same thing (FPX from PBE to MBB). Did you managed to get MBB to acknowledge the FD placement?

This post has been edited by PsychoJoe: Jul 1 2021, 11:11 AM
PsychoJoe
post Jul 1 2021, 11:13 AM

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QUOTE(qse6236 @ Jul 1 2021, 11:11 AM)
Well, i would say that's the weakness and benefits in using FPX.
i think among the member banks, they have some settlement daily or periodically for this FPX.
Once it is not tally, the bank need to investigate and do the adjustment accordingly. Unfortunately, it may take up to few days for checking.

i once experienced it took 3 days to get reversed.
So sometime, just pray for a smooth transaction..
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Thanks for the sharing. The CS said they're looking into it and will call me back (I've provided the FPX transaction ID).
Never encountered such issues doing FPX to other banks. Only when MBB is the destination.

 

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