Is this possible?

Since Amanah Saham have different products, different dates of paying dividens. After getting dividen in ASNB date 2.1 yearly, move to say ASNW for dividen date 1.9 yearly, then after getting it, put it baqck in ASNB for next years' date.

Dividends are prorated, so it wouldn't make a difference

This post has been edited by nightpipper: Jan 11 2022, 09:21 AM

Guys anyone draw out money from asb online recently?
Did they reduce the maximum you can withdraw a month back to rm500? It used to be rm1k.

Still rm1k per calendar month

So if I key in rm1k instead of choosing from the 3 option box below will go through?
Or need to choose rm500 today than tomorrow another rm500?

Can key in rm1k

Thanks bro, I key in rm1k, look like everything went through so far.
Did you draw out rm1k during this January 2022?
Asking bcs I don't know why someone reply me in asb fb page saying that they change it to max limit per day is rm500, from where he got his sos??
Worst I saw a youtube video saying the max withdrawal limit is only rm500 a month. So many people saying different things...

I see

Last time is RM500, now increased to RM1000. Why not go to bank to do it at counter? You can get your money instantly by doing redemption through the bank. Withdraw from myASNB tooks about 2 working days. You need to wait until next business day and the money only credit into your account after around 8pm.

cant log in....
Error: timeout of 5000ms exceeded. Please try again [LG001]

Long que bro, my area also quite a lot of covid cases.
If I go bank also I just going to withdraw rm1k. So might as well do it online.

If u can get units easily....

Don't understand

ASNB funds unit availability is limited...
Not always available to buy... Most time have error insufficient unit available notice 🙏

my ASB says got 170k+ shares I can buy. Guess I am poor

Oh...
ASB...

Then non issues...
Just ignore what I post previously...
That problem not applicable to u 😁

Perhaps Nexona meant it for ASB2. ASB1 has an unlimited funds.

asb 1 also 200K limit if me not mistaken

Correct. ASB 3 is unlimited but it can be difficult to get units.

That said, if you buy 200k units in ASB 1 and interest takes the balance, for example, to 210k and you then withdraw 10k to take balance back to 200k, I have been told that you can then buy more ASB 1 funds up to your 'new'' limit of 210k. I haven't tried it but our ASB 1 balance is quite a bit over 200k.

This post has been edited by MattSally: Jan 12 2022, 04:42 PM

That is hard cap limit. Not the soft cap. Softcap limit will increase based on the dividend every year.

I forgot who says this before.


There are 2 capping.

1. Hard-cap, which is RM200k

2. Soft-cap, which is the total amount of dividend earned since the opening of the account

So if you are smart and start your ASB financing at 200k since you start working, after 5 years, your account would balloon to RM280k. If you take out RM80k for personal use, you can still put it back (the RM80k) into the account using cash.

This post has been edited by Zeroxhunter: Jan 12 2022, 04:48 PM