If i am going to withdraw $ from Maybank and deposit into OCBC for FD, can i just request Maybank to issue a banker cheque and deposit this into OCBC acc?
What are the particular/name that i need to put on the bank cheque?

Thanks for the reply.
So its OCBC vs UOB now at 4.38% 12M
any better package?

no charges, and u can do unlimited transaction per day (max 30k for each transaction).

HongLeong websites seems to be down, can anyone verify this?

Is there a cap limit for this?

Is this protected by PIDM and if the capital is guaranteed (no loss of capital)?
Also, the 3.9% seems to be indicative interest rate only, might subject to change over the period?

Thanks sifu in advanced for the answer

Thanks, much better understanding now.
I've some good experience using Maybank GIA before, offering high interest and flexible withdrawal.
You can earn the interest $ for each number of days u invested throughout the period should u decided to withdraw before the term is ended (but not for this HLB GIA ya.. don't get me wrong)

This post has been edited by sharinganez: Feb 11 2020, 11:12 AM

I just put in 1M last week.

Any FD is based on daily interest now?
I hav a fund that need to be withdrawn anytime within few weeks/ months from now.
thanks sifu.

This is exactly what I need, thank you so much.

Nice, tks.