I have it, and you will multiple tranches on different dates.

I just opened an RHB Smart Account, but when I tried to use instant transfer from my other banks (e.g. SCB and Maybank) into the account, it failed. Is this normal?

Thanks for sharing

I called CS and they told me there was account maintenance around midnight. I just tried again and it is OK now.

I've been transferring 100k every first of the month, then transferring out 99,995 just before the end of every month to SCB PSA / RHB Smart / OCBC 360 since the programme launched a couple of years ago. Used to be 5% before this whole covid thing.

Just be prepared to get a few calls from HSBC from time to time. I've always been honest and said - "because you put the condition incremental balance... if you give me same interest on the balance I will lock in 100k forever".

It doesn't normally take that long. Usually a month and I've never had problems with interest calculation...always accurate.

Mine is normal HSBC Premier.

Yes it's a relatively low requirement for Premier. Im sure it's their KPI to sign people up for Premier as I was rejected by 2 HSBC branches when I tried to open a Basic account (on the basis that can't just open an account without a real purpose) but when I complained to the GM of my home branch he was hard selling Premier. Makes no sense since I don't use any of their facilities.

No need minimum assets under management etc. I literally only use it for 100k in and out every month, no other products with them and never talk to my RM.

Yes, no other condition.

This is really really weird and fishy.

Yeh, I would like to believe it too.

But there is a lot of detail in the story that is concerning in itself.

The thing I find most questionable is that it involved money being taken from 2 banks, but the victim is only going after 1 (after failing to get a refund). Victim should surely be going after 2 banks regardless of refund status, if both systems allowed the fund transfers so easily (supposedly without any information being given by the victim).

PSA: Just checking if any RHB Smart Account holders here>

Received someone else's bank account statement via email yesterday. Was shocked because the statement was password protected with details tailored to me. Opened up and saw full statement for someone else. Anyone else in same boat?

This post has been edited by lilsunflower: Jun 17 2021, 02:18 PM

Thanks for sharing.

Use of the phrase "rectifies on same day" is misleading as the statements were sent on 16, and the apology email on 17. Further, I'm not sure how it was "rectified" since the statements are already in the hands of others.

It's like saying something was stolen, and the next day an apology was sent, but the stolen items have not been retrieved.

Strange concept of rectification.

This post has been edited by lilsunflower: Jun 19 2021, 08:13 PM

Re your second question I had to go to branch to activate DC for online.