QUOTE(Avenger_2012 @ Mar 17 2024, 02:58 AM)
What is the best way to convert MYR to USD and save in FD? I see alot of discussions here are on saving SGD in SG bank.
alliance bank also canAnyone know about foreign FD?
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 Mar 17 2024, 09:27 AM
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#1
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Senior Member
7,547 posts Joined: May 2012  
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Apr 2 2024, 11:08 PM
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#2
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7,547 posts Joined: May 2012
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QUOTE(leagueoflegend @ Apr 2 2024, 11:05 PM) Anyone putting USD in Alliance Bank as Fixed Deposit, i checked few banks so far Alliance seems offer higher rate still in USD account...5.2%. not yet put into FD |
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Apr 2 2024, 11:22 PM
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#3
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QUOTE(leagueoflegend @ Apr 2 2024, 11:18 PM) I see, what i checked from their website, it is higher than 5.2% now temporary park first(slowly accumulate)....min u need 2500 USD to put into FDhttps://www.alliancebank.com.my/Personal/Ba...t-Fixed-Deposit just curious, is there any reason you are not putting into FD? |
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Apr 3 2024, 12:01 AM
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#4
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QUOTE(leagueoflegend @ Apr 2 2024, 11:37 PM) I see, did you found any bank higher offer higher FD interest rate % than Alliance Bank? OR so far its just Alliance Bank have the best rate? higher than HLB. did not explore others  |
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Apr 4 2024, 09:05 AM
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#5
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QUOTE(frankliew @ Apr 3 2024, 08:52 PM) But Alliance forex erate is suck. Usd 4.8415 vs rhb usd 4.7730 don't believe the rate mentioned there. I've compare hlb and alliance. also shock when see the rate that hlb is lower.https://www.allianceonline.com.my/personal/..._view.do?view2= however after conversion, realise that rate is not 4.7730 but add-on hidden fees. alliance is transparent. if 4.8415 , then it is same after convert. beware of hidden rate and those bank did not tell upfront but showed lower rate |
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