Hi, I was an existing ASB passbook holder. But it has zero funds inside since 2016.

I plan to transfer RM200,000 from my TH to my ASB in 2018. There will be still money in my TH after this transfer.

Questions:
1)When is the best time to transfer this large amount to get maximum dividends? W1 January or wait dividend TH to be added?

2)I plan to go to TH at Putrajaya, ask them to write a cheque for RM200,000 payable to my ASB account, then go to ASB office to deposit it. Is this the correct way?

Many thanks

This post has been edited by SerioseCat: Dec 14 2018, 03:58 PM

just got 5 digits worth of asb2 after few tries since this morning

Anybody here have experience with ASB3? I am thinking of suggesting to my family member to deposit >RM200,000 from his Current Account to ASB3. ASB1/ASB2 already max.

Is is possible to transfer to ASB3 bulk sum or is there some sort of fund size limit that needs to wait for opening?

yes, my concern is ASB3 as there is no maximum individual limit afraid there is some sort of overall fund limit