The dates I used 30Sep=30-9, 1Oct=1-10
i am confused now..
i thought if deposit on 1.10.24 will get full interest for the month
if deposit on 2.10.24 lose October interest, for withdrawal it doesnt matter when??
use numbers easy
Say balance ASM3 on 30.9.24 is RM100,020.00
To Switch RM100k from ASM3 to ASM1 ,
when is the best day to switch?
1)30.9.24
That RM100k ASM3 trf out on 30.9.24 can still get 30days interest for Sept?
if tak dapat interest for Sept you lose 30days interest.
2)1.10.24
i believe that RM100k ASM3 taken out on 1.10.24 would get full Sept interest.
you said will lose 1 whole month interest ?
how?
and on 1.10.24 that RM100k switched in to ASM1 it will earn ASM1 full Oct interest also.
so minimal loss.
3)10.10.24
Withdraw RM100k ASM3 on 10.10.24 ,
would it be paid 10days interest in October?
if not , you rugi 10days interest of ASM3 there
worse that RM100k switched in to ASM1 on 10.10.24
will not get any interest for ASM1 in Oct right?
so how is this better?
1.10.24 and 10.10.24