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

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drifters
post Jun 1 2020, 04:15 PM

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Just attempted to place MBB e-ifd via FPX from HLB.

FPX transaction was successful but MBB e-fd transaction not successful due to unknown reason. Money deducted from HLB but no FD in MBB.

Read previously forumer here got same issue. How long to get refunded? I asked CS they say need make report and unsure how long.
drifters
post Jun 1 2020, 05:39 PM

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Fpx fund from MBB to HLB very smooth, tried many times.

First time FPX from HLB to MBB terus sangkut.
drifters
post Jun 1 2020, 07:35 PM

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QUOTE(chiwawa10 @ Jun 1 2020, 06:26 PM)
But I did it this morning is working fine.
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Oh nice. Intermittent issue I guess. Anyway just have to wait for refund.
drifters
post Jun 2 2020, 12:18 PM

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QUOTE(chiwawa10 @ Jun 1 2020, 08:04 PM)
If it says successful, wait for some time for it to appear in your M2U. Same happens to me.
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M2U says MBB efd placement was unsuccessful. Till now no refund yet.
drifters
post Jun 3 2020, 12:27 PM

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QUOTE(starry-starry @ Jun 2 2020, 09:23 PM)
I think it works fine although I did encounter 2 failed efd placement via FPX. However, got my refund and proceed to make efd placement!
Via FPX? No worries,  it will be refunded the next working day.
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Yup got refunded. But not trying again, placed somewhere else.
drifters
post Jul 31 2022, 10:42 AM

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Anyone placed FD in Ambank recently? Did you find any peculiarity in the placement date and maturity date?

Eg. 12 months FD placed on 22Jul matures 24Jul 2023? Is this normal for Ambank?
For other banks, its usually same day/month next year.
drifters
post Jul 31 2022, 12:42 PM

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QUOTE(LoTek @ Jul 31 2022, 11:02 AM)
Probably to do with the weekend. Some banks have policy to put the fd ending only on working day iirc.
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QUOTE(Human Nature @ Jul 31 2022, 11:11 AM)
22 July 2023 is a weekend, so auto adjusted to weekday
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QUOTE(gaffer9678 @ Jul 31 2022, 11:17 AM)
24th July 2023 is a Monday. Normal for bank to forward maturity date to a business day. Interest will be calculated for the additional 2 days for this 12 month FD. This reason for this practice is due to complain by customer is that they cannot withdraw their FD maturing on a non business date, eg Saturday or Sunday.
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QUOTE(babysotong @ Jul 31 2022, 11:19 AM)
Have you checked whether 22 Jul 2023 is a weekend or weekday? Some banks "moved" the end date to a weekday as people might withdraw via OTC and not internet banking.
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Thanks for all your replies and the info, very helpful.
Been a while since placing OTC.. eFDs of certain banks, maturity can be on weekend too.

drifters
post Sep 13 2022, 11:21 AM

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Below Ambank’s promo rate cannot do online yet?

Anyone know if MBSB adjusted their promo rate after latest OPR hike?

QUOTE(ManutdGiggs @ Sep 12 2022, 11:29 AM)
*AmBank FD Promotion*
*Only for Priority customers* 🔥🔥
from 12 Sep - 30 Sep *APPLICABLE FOR both ISLAMIC TD-i & CONVENTIONAL FD*
*Fresh funds only*

*3 months @ 3.00% p.a*

*6 months @ 3.30% p.a*

*12 months @ 3.50% p.a*

Offer validity:
*valid till 30 September 2022*

Terms & Conditions

1. Placement criteria : min RM 10k CASA balance is COMPULSORY

Ambank still playing with casa even thou it's small amount but still lose a bit to affin at least for now
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