Every day transfer big amount will be flag by the system?

ocbc outgoing max 30k

yes. due diligence analyst will call u twice a month. one from the branch u open account, one from HQ.

Im not working in banking, so im not sure what’s really the threshold to trigger DD analyst.

However, the way banks looking at it is cumulative deposits and cumulative withdrawal in one calendar year.

Let’s say the threshold is 150k for a saving acc, So if u have cumulative deposits within a month breached 150k, that’s a trigger point, im not sure what’s the actual threshold, but definitely below than 450k based on my knowledge.

They don’t bother (especially new hires analyst) to find the relationship maybe the 30k u deposit is recycle money, meaning to and from scb/ocbc 30k, they will contact u. Experience analyst will look at pattern, investigate further and close the case themselves.

Again, at end of the day, IT IS NOT ILLEGAL, and u may do so, in my very limited knowledge of banking, as i get to ‘oversee’ only not a banker nor DD analyst, just expect noobies DD analyst to call u.

Bu doing so, u can earn 2.75% on the 30k and say 60k from scb if u have net cash of 60k only. Untung 2.75% la on 30k.

Again, dont get me wrong. I am not against it, just giving friendly reminder. Please proceed just that expect analyst to email/call u. Unless the analyst also malas, instead simply email/call client, they go do further tracing, then should be fine

managed to open this account via online method.
easy and fast! looking forward to enjoy the interest from this account!

1) Yes



2) RM 50k



3) No announcement so far presumed as it is

I never transfer out that much before.
My guess all except 3rd party SC funds transfer shared the same limit of RM 50k.
Please explore yourself and share the outcome here.
Thanks in advance.

Max only RM50k per day

If not mistaken, max is 50K.

Just now I tried to transfer 80k from SSPN to BI's SA but it exceeded the max limit based on the 3RD PARTY TRANSFER of rm50k.
So I only transfered 50k. Little did I know that this transfer is combined with other transfer as in the below picture. End up I cant do IBFT to other banks. Have to do it tomorrow.
If I have known, I would have transfer rm25k from SSPN to BI, then rm25 to PSA/OCBC360. Lost 1 day of interest.

This is not Boost whereby Spending & P2P Send are sharing the limit.

The displayed limit is obviously Transfer Out daily limit.

hi, managed to open an account today. transfered funds from ocbc and ambank into it. can i know if need to spend 1k if i already spent enough with my jop or liverpool card this month? alos the 3k requirement, is it incremental or as long as i transfer 3k into it monthly (ie doesnt care hiw much i traansfer out). sorry i think sute these questions have been asked before. tia

It is minimum fresh fund RM 3k to PSA account without consider transfer out amount, i understand from forum that if you open account today, the credit card expenses will be counting starting today also.

Please note the 3k has to be a fresh fund single deposit. You don't have to maintain it. I normally use it to pay for my JOP bill

2% interest for wealth category will be credited at the end of the following month, in ur case june i believe.

Hi, all. I would like to verify my interest calculation whether correct or not:-

base: MAB X 0.1/100 / 366 X total day of the month (leap year)
save: MAB X 2/100 / 365 X total day of the month
spend: MAB X 1.5/100 / 365 X total day of the month

where do u all park your excess cash after hitting the 100k threshold?

I think any excess still have 2.1% interest. Still good considering it's a liquid account

What is the easiest way to apply for this account? SCB branches are very scarce.

Hopefully the rate will rebound back eventually with OPR. Looking around, 2.6% is still higher than 2.45% OCBC and 2.25% HLB (and StashAway simple 2.4% but that's different class already). But even if there's a higher rate out there, I'm not looking forward to reconfigure my monthly cashflow again.

so everyone moving over to rhb?

bye bye SC, for now. till next time.

all can

Actually I did not tweak any setting at all.
Okay I enabled the card-not-present.

Guess I need to call the customer service to ask what's wrong.
Under help & services in SCB mobile apps, got a section for debit card activation. But the card is not shown when I enter the section. (My debit card is shown in other sections.)
So debit card also required activation just like credit card?
Is not new card. Already got it for more than 1 year. But didnt use before.

oh okok. forgot about there some save interest after 100k (previously). always tried to have ~=100k monthly earlier.

yaya. 100k monthly average (did some excel calculation, and will keep the same amount after 1st week or so. treating this as fd. 😁 my liquidity is still with ocbc360.

i buy some shares and do fd only. happy to have bought some before the poker king last month.

not familiar with other investments. 😂

what other products that give >3%? mind sharing?

1 month late.. but last month get it at mid month