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 Digital bank Rize, By Al Rajhi Bank

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ronnie
post Nov 6 2023, 05:05 PM

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QUOTE(!@#$%^ @ Nov 6 2023, 04:06 PM)
anybody realized rize can 'backdate' the transactions?
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what do you mean ?
ronnie
post Nov 7 2023, 01:16 PM

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Received my reply after 3 working days in my email
QUOTE
We want to inform you that we are still working on processing the October profit for your Rize account. We fully understand how important this matter is to you, and we apologize for any inconvenience caused by the delay. Please know that our team is working diligently to expedite the resolution and ensure your profits are credited to your account as swiftly as possible. You can expect an email notification from us once the funds are successfully added to your account.


This post has been edited by ronnie: Nov 7 2023, 01:17 PM
ronnie
post Nov 7 2023, 01:46 PM

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QUOTE(xander2k8 @ Nov 7 2023, 01:24 PM)
Standard reply 🤦‍♀️ and expect it to be fixed by end of the month because account adjustment
like that lose some of the Nov interest mad.gif bangwall.gif
ronnie
post Nov 7 2023, 04:36 PM

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QUOTE(jasontoh @ Nov 7 2023, 04:24 PM)
You are not getting interest for October? My wife's account delayed 1, then after we call, next day got it already
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How new is your account ?

ronnie
post Nov 7 2023, 04:49 PM

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QUOTE(jasontoh @ Nov 7 2023, 04:45 PM)
1-2 months old
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For me, I did receive Jul, Aug, Sep profit on the dot... Oct FAILED

This post has been edited by ronnie: Nov 7 2023, 04:50 PM
ronnie
post Nov 8 2023, 07:29 AM

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Can we do quick check which user of RIZE had not receive their Oct-2023 interest?

1. ronnie - Account open in Jul 2023
2. bokbokchai
3. ASoulNamedLeo
4.
5.

ronnie
post Nov 8 2023, 12:22 PM

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QUOTE(virtualgay @ Nov 8 2023, 11:23 AM)
till today my 1.3k still missing - who gonna pay 4% interest for my 1.3k? hahahahahaha!!!
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definitely ask RIZE to pay....
ronnie
post Nov 9 2023, 07:42 AM

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After last night's maintenance, still no see my OCT 2023 Profit from RIZE... apa dah jadi ???!?!?!
ronnie
post Nov 9 2023, 02:34 PM

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Good news as I've check my RIZE and OCTOBER PROFIT is in biggrin.gif rclxms.gif (delay of 8 days)
Calculation of October profit is correct.

But posted date 8/11/2023, 23:59:59. that means in November, I'll get lesser 8 days interest on that amount for November profit.

QUOTE(bokbokchai @ Nov 9 2023, 02:30 PM)
guys, i finally able to call in after some time. CS told me that they have problem with their technicals and currently doing manually to credit profit into customer acc. need to wait and they cant promised when will be done. just will drop an email to you when the profit is credited. so no email no profit credit. no need check RIZE daily.
*
I check daily at 8AM actually..why not ?

This post has been edited by ronnie: Nov 9 2023, 02:47 PM
ronnie
post Nov 9 2023, 03:32 PM

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QUOTE(jasontoh @ Nov 9 2023, 02:59 PM)
Yea, I also did not chase the 3c missing from one of the account - call it margin of error in calculation
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maybe your calculation is off hahahaha
ronnie
post Nov 9 2023, 03:51 PM

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QUOTE(jasontoh @ Nov 9 2023, 03:43 PM)
=I3*0.04/365....this is suppose to be the correct formula, right? However I'm not sure the PrevDay will have the interest accrue to be calculated together or not, right now my I3 is with the interest
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correct, make sure you split
first RM5000 * 0.05/365
and the balance * 0.04/365

not daily compounded, monthly compounded thus easier to calculate.

This post has been edited by ronnie: Nov 9 2023, 03:53 PM
ronnie
post Nov 9 2023, 04:37 PM

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Let's see how they do in November 2023 Profit distribution
ronnie
post Nov 10 2023, 12:26 PM

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QUOTE(monkedz @ Nov 10 2023, 11:37 AM)
anyone already gotten their Oct Profit? geeze mine still missing
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i received the OCT 2023 Profit credited on 8/11/2023, 23:59:59
ronnie
post Nov 10 2023, 02:48 PM

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QUOTE(guy3288 @ Nov 9 2023, 09:05 PM)
ok now how fast if we need money big amount

i tested 2 accounts today

8+am tried duitnow RM50k to MBB saving account,
it says duitnow cant be sent,  to contact  customer care,

i dont need the money so i ignored it
but within 5 mins CS called me, she asked is it me and said can proceed
do again ,success, money in instantly. ok pass

1+pm tried another account, same error message appeared
again waited for CS call, but this time  no call even after 30min,
i hantam an email to Rize said i needed money urgently
then received call around 2pm, Duitnow done, money instantly into MBB SA.

acceptable i think,
hopefully next duitnow to same receiving bank account would not need call approval again.
KDI is best in this no need call approval. but  no instant money .must wait till nite.

then i experimented with my various bank accounts,
found Rize would not accept Alliance bank account with 15 digits.

has anyone done withdrawal to Alliance saving account?
Any problem?

other bank accounts all  seem ok,
only Alliance accounts not accepted,
it says error code 52, invalid account
i tested deposit money to Rize from that "invalid" account masuk pulak!
*
did you have to pay the 50 sen DuitNow fee ?

ronnie
post Nov 10 2023, 04:43 PM

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Latest email to all
QUOTE
Dear Customer,

We want to let you know that there is a delay in crediting the October profit to your Rize account. Please be assured that our team is doing everything possible to sort out the issue and ensure you receive your profits without further delay. We will send you another email once the profits are credited to your account, so please keep an eye on your inbox.

We understand that this delay may cause inconvenience, and we are sorry for any frustration it may have caused. We appreciate your patience and understanding and are committed to providing you the best possible service.

Kindly ignore this email if you have already received your October profit. If you have any questions or concerns, please feel free to contact us.

Thank you for choosing Rize.


Sincerely,
The Rize Team


This post has been edited by ronnie: Nov 10 2023, 04:43 PM
ronnie
post Nov 10 2023, 04:45 PM

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QUOTE(nexona88 @ Nov 10 2023, 03:46 PM)
After so long...
Now only getting yours....

Really problem with this Rize...

Transfer big amount also like "blocked"...
They called & confirm with you only can complete the transaction....
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it's like Ponzi scam.... hahahaha need fresh funds to pay old investors haahha
Delay big payout.
Delay profits

all red flags if it's an investment scheme
ronnie
post Nov 10 2023, 06:05 PM

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QUOTE(nexona88 @ Nov 10 2023, 05:59 PM)
But it's backed by well known financial group... Not any small fish guy from nowhere 😁
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and also PIDM backed... so it;s pretty safe in that sense..just saying

ronnie
post Nov 14 2023, 03:41 PM

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QUOTE(virtualgay @ Nov 14 2023, 11:37 AM)
pls do so - give them pressure

btw GXBank coming they giving 3% gonna see if there is a Thread or not
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Topic opened : https://forum.lowyat.net/topic/5420415
ronnie
post Nov 14 2023, 05:33 PM

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QUOTE(bokbokchai @ Nov 14 2023, 05:01 PM)
just got my profit oct credit just now. they didnt send me email to inform as promised....
*
what is the posted date of the October 2023 Profit ?
ronnie
post Nov 14 2023, 05:37 PM

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QUOTE(bokbokchai @ Nov 14 2023, 05:36 PM)
today
*
Better late than never.

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