Actually dun tell anyone. Bank rakyat has no limit when it comes to fpx. But you just need to do it 10k at a time

Withdrawal approved to money in bank account not instant? Have to wait how long?

Anyone still has their money in the invest section of portfolio? Haemorrhage like mad. Wondering how long I have to hold the bag, or if I should just cut loss and call it a day.

got this email from them.

need to reply ka?

I have received email from KDI asking for further info on my source of wealth. Got 3 questions.

I intend to ignore them. Lol.

Tak Suka, I will take my money elsewhere.

Bro nothing to worry if you still want to use KDi
The questions may appear daunting my answer  to them was simple and they accepted

more like  formality.. just like  when  bank  with hold  your online transaction,
call up to verify then release the "hold".


this letter is triggered when the amount of money accumulated in KDI  has gone beyond what your income /wealth bracket
as declared earlier.

My 5th account belong to my son an undergraduate in UM, straight away kena soon after i started using his name.
is normal for  the trigger,
student studying why so much money - Simple
money from my father  done!
nothing new , see the email they sent to my son.

I checked my November statement for KDI. Return as per KDI statement and calculation is 0.278% for the month, which when multiplied by 12 is only 3.336%. instead of 3.5% EAR...

On a separate note, Touch N Go's Go+ daily return was 3.45% yesterday...

Btw, it is perfectly fine to discuss and reply comments without using derogatory or demeaning words on other forumers. Putting people down doesn't make anybody smarter, it just reflects that you have nothing intellectual to offer any more. This forum is to share info and also find help.

I checked my November statement for KDI. Return as per KDI statement and calculation is 0.278% for the month, which when multiplied by 12 is only 3.336%. instead of 3.5% EAR...

If you had read my post properly, I said as per KDI's statement, my November return was 0.28%, so you would be saying that KDI's calculation is also wrong?

All the other comments about my maths and whether I understand EAR is 3.44% is unnecessary lah...

I've already offered my proof as well, with screenshot. For the month of November, KDI paid 0.28% which definitely isn't 3.44% or 3.5% EAR. This is a cold, hard, fact.

You haven't debunked this fact in your post yet, so the entire post was rather meaningless and didn't add value at all.

I'll give you an even more precise number than 0.28%, it is 0.2831597% from my own calculation on my November returns.

I checked my November statement for KDI. Return as per KDI statement and calculation is 0.278% for the month, which when multiplied by 12 is only 3.336%. instead of 3.5% EAR...

eh guys, isit just me or KDI site is down?

Seeking some advice/clarification:

I did KDI Save deposit 1st time today, after setting up the designated bank account for deposit a few days ago.

That is for KDI to pay u when WD not for deposit

When I clicked the Deposit button (under Online Deposit tab), I expected to see only this bank to be displayed. But instead, many banks are shown. Anyway, I clicked on my designated bank button to complete the transaction, however I still had to select the correct account when directed to the bank website.

Just wondering, since the Deposit page shows many banks, is it possible to do a deposit via a non-designated bank account? For sure, KDI has stated that only the designated and verified bank account may be used, due to security considerations.

u cant deposit if your bank eg Citi is not listed there

Thanks

yes I can't access their website, getting a 503. It all seems so insecure..

KDI is daily interest, FD once you break everything tarak.

KDI's more for funds you might need to use, FD is for money you know very unlikely you need in the medium term.

Both play different role.

Ask something pls.

I did withdrawal for 1st time today, at 8.45am.

Got an email from KDI at 5.54pm confirming that my request is successful.

However, the funds does not seem to have been credited to my bank account as of now.

Will it be credited today, or is it going to be tomorrow?

Thanks

Usually I get it between 9pm to 10pm

wow so late. lol

thanks!

no, i believe he refers to KDI Save
but he is comfortable with the return for now

yeah, it's interesting that since the liquidity is not an issue
and yet he preferred the lower return product without PIDM

I wonder if anyone here actually have a positive value for the KDI invest? Mine after 1 year still -RM1.55 😅🥲

Still down -0.8%

Only if you knew 🤦‍♀️

That the reason why KDI doesn’t live prices on your invest portfolio

Slow because they are not efficient 🤦‍♀️ anyway StashAway 3 to 5 business days

I assume because it takes 1 day to process, another day to sell and another day to convert back to RM while another 3 days to process the payment back to your bank account locally

It is 3 days in your case so what wrong info when you are WRONG and you can’t even calculate to 3 days properly 🤦‍♀️ as they count days not hours 🤦‍♀️

Stashaway already stated BIG Here 🤦‍♀️

https://www.stashaway.my/help-center/900000...shaway-account#

KDI is investment platform with KDI Save that are being backed by KIBB treasury product so it is not MMF per say

No such thing 🤦‍♀️ in Malaysia unless you are willing to use products like Endowus or Syfe in SGD or buying US bonds in FSM otherwise it doesn’t make any sense for KDI to have such product in USD or SGD barring BNM and SC greenlight

But putting money in will take time right?

KDI Save it is not money market fund 🤦‍♀️ don’t know just say don’t know

It is a treasury fund run by KIBB itself and are less liquid as compared to Money Market Funds, as they have a certain lock-in period 14 days, 91 days, 182 days, and 364 days 🤦‍♀️ hence they are managing the liquidity in some other form of short lock in with 5 day window

It is different from Money Market Funds are highly liquid as the money invested in these funds can be withdrawn the next day of investment.

Thank you for spanking someone here, much appreciated.

Been waiting for this. That fellow has been so damm annoying. Thank you Guy3288.