I'm using it now. Created on end of last month.

Credit back to my account.

I think the security wise should be the same as the previous. Just that it's more organized and faster processing.

Last time, I also didn't pick up my FD certs from the branch. I just left it there.

Make no difference for me.

This post has been edited by David83: Oct 8 2007, 02:19 PM

Yes. You need TAC to do that.

Can withdraw online. No interest will be given if your FD is less than 3 months.

More information about eFixed Deposit: http://www.maybank2u.com.my/consumer/onlin...ixed_depo.shtml

This post has been edited by David83: Oct 8 2007, 06:40 PM

Yes. Tenure period is same as previously.

For 1-month FD, your deposit should not be less than RM 5000 (minimum amount).

This is no need to call at all! You can cancel it online and I think your money will appear back to your account instantly.

Actually this e-FD is an enhancement to the old FD placement.

They just implemented this e-FD in about 1 month ago.

Are you referring to "credit back into account" or "auto-renewal"? For "credit back into account", it's not necessary for you to pick up the cert but for "auto-renewal", as WaCKy-Angel said, you may need to withdraw at the branch. I accidentally created an "auto-renewal" FD and I have picked up the FD cert.

What is the minimum and maximum deposit amount?
Similar to the existing FD Account. There is no maximum amount for eFD.
i.e. minimum amount of RM1000 for 2 months and above & RM5000 for 1 month.

IMHO, I don't think you can withdraw the old FD online (referring to Auto Renewal FD).

Upliftment for old FD
. Upliftment can only be done over the counter (at the Home branch).
. Mode of payment for upliftment can be cash, credit to account or banker's cheque.

Upliftment for e-FD
. Only Reference Numbers with 'E' can be uplifted via Maybank2u.com
. FD with CERTIFICATE needs to be uplifted over the counter (Home branch).
. Mode of payment for upliftments can only be credited to account linked to Maybank2u.com.

No ... that one was referring to the old FD (not e-FD).

For non-eFD, must uplift at the home branch.

I have been using Maybank e-FD for nearly a year since it was first introduced. I didn't encounter any problem as john123x experienced. Once matured, it'll credit back the principal + interest to designated account.

Before e-FD is introduced, I also got use their primitive version of online placement FD. Always didn't face great pain with it.

Yes. The rate is as published in M2U website.

FD Flexi? Never heard before.

If you're talking about the two options in eFD, one is conventional FD and GIA Mudharabah (is based on Islamic banking whereby the interest paid using profit sharing ratio).

In Islamic banking, before commiting into a financial contract, one has to agree to a profit sharing ratio beforehand. This is some sort of fundamental operation of Islamic banking.

Kindly read through this URL: http://www.maybank2u.com.my/maybankislamic...es_notice#title

CIMB eFD has a one day lagging for maturity.

The FD account number carries 12 digit.

The string of digits with or without the E should be referring to the certificate number. It's a running number. This should be a 8-digit number.

Make a proportionality calculation.

Rough estimation for 6-month will simply divide by 2.