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 Digital bank Rize, By Al Rajhi Bank

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guy3288
post Mar 21 2024, 06:17 PM

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QUOTE(nexona88 @ Mar 21 2024, 05:54 PM)
Multiple accounts with multiple names from family whistling.gif
*
i need speed to move money .

no choice, because banks put a limit RM50k -100k daily transfer limit per account.

with 5 accounts i can move more in 1 day .

if bank does not put this daily transfer limit
1 account enough, i dont go for PIDM.
nexona88
post Mar 21 2024, 08:00 PM

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QUOTE(guy3288 @ Mar 21 2024, 06:17 PM)
i  need speed to move money .

no choice, because banks put a limit RM50k -100k daily transfer limit per account.

with 5 accounts i can move more in 1 day .

if bank  does not put this daily transfer limit
1 account enough, i dont go for PIDM.
*
Well it's bank security features....

But the funny thing is even with all these 50k / 100k limit.... People still lose $$$$ to scammer or hackers....

Just imagine if No daily limit imposed....
Really GG 😔
ronnie
post Mar 22 2024, 09:16 AM

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QUOTE(nexona88 @ Mar 21 2024, 08:00 PM)
Well it's bank security features....

But the funny thing is even with all these 50k / 100k limit.... People still lose $$$$ to scammer or hackers....

Just imagine if No daily limit imposed....
Really GG 😔
*
limit is to prevent bank run
nexona88
post Mar 22 2024, 09:18 AM

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QUOTE(ronnie @ Mar 22 2024, 09:16 AM)
limit is to prevent bank run
*
Hmmm...
Really...

Go counter...
Withdraw all... How to stop people?
Close the branch operation 😁
guy3288
post Mar 22 2024, 11:18 AM

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QUOTE(nexona88 @ Mar 22 2024, 09:18 AM)
Hmmm...
Really...

Go counter...
Withdraw all... How to stop people?
Close the branch operation 😁
*
More like money laundering control
You want to move big sum come show face and sign
ycktech
post Mar 22 2024, 11:26 AM

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QUOTE(nexona88 @ Mar 22 2024, 09:18 AM)
Hmmm...
Really...

Go counter...
Withdraw all... How to stop people?
Close the branch operation 😁
*
Digital Bank no branch ...
No counter to go to biggrin.gif
nexona88
post Mar 22 2024, 11:35 AM

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QUOTE(ycktech @ Mar 22 2024, 11:26 AM)
Digital Bank no branch ...
No counter to go to  biggrin.gif
*
Talking about ordinary bank...

Digital bank no choice lorh....
Slowly & steady withdraw daily...

Until CS call to verify the transaction 😁
Then only unblock your transaction
joice11
post Mar 22 2024, 01:41 PM

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QUOTE(guy3288 @ Mar 21 2024, 06:17 PM)
i  need speed to move money .

no choice, because banks put a limit RM50k -100k daily transfer limit per account.

with 5 accounts i can move more in 1 day .

if bank  does not put this daily transfer limit
1 account enough, i dont go for PIDM.
*
just wonder how u control 5 acc? u need to have 5 phone line and 5pcs of handphone?
lovelyuser
post Mar 22 2024, 01:47 PM

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QUOTE(joice11 @ Mar 22 2024, 01:41 PM)
just wonder how u control 5 acc? u need to have 5 phone line and 5pcs of handphone?
*
Where there's a will, there's a way
Optizorb
post Mar 22 2024, 01:51 PM

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QUOTE(joice11 @ Mar 22 2024, 01:41 PM)
just wonder how u control 5 acc? u need to have 5 phone line and 5pcs of handphone?
*
5 family members, each family member have their own phone what

its not that hard

like me myself have 3, myself + parents. Money source from me, Rize installed on their phone. Created account with their consent, but app password only i know

This post has been edited by Optizorb: Mar 22 2024, 01:53 PM
Haloperidol
post Mar 22 2024, 01:56 PM

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QUOTE(LostAndFound @ Mar 21 2024, 12:10 PM)
Not daily compounded though, that makes a difference.
*
Yes, compound interest is 8th wonder.
But if the rate is lowish until single bpm , compound interest is nigh negligible LOL.
Optizorb
post Mar 22 2024, 02:02 PM

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next week final week. if no good news can say bye bye to rize.

but i wont close account, just leave the rm10 in there. In case in future they offer something attractive again then no need so mafan.
virtualgay
post Mar 22 2024, 02:06 PM

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QUOTE(guy3288 @ Mar 21 2024, 06:17 PM)
i  need speed to move money .

no choice, because banks put a limit RM50k -100k daily transfer limit per account.

with 5 accounts i can move more in 1 day .

if bank  does not put this daily transfer limit
1 account enough, i dont go for PIDM.
*
rich young man!
guy3288
post Mar 22 2024, 02:35 PM

Look at all my stars!!
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QUOTE(joice11 @ Mar 22 2024, 01:41 PM)
just wonder how u control 5 acc? u need to have 5 phone line and 5pcs of handphone?
*
on my table got 8 sets

when Zcity was useful i had 25 accounts!

QUOTE(virtualgay @ Mar 22 2024, 02:06 PM)
rich young man!
*
not young lah sudah tua anak sudah habis baca.
theevilman1909
post Mar 22 2024, 04:06 PM

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QUOTE(Optizorb @ Mar 22 2024, 02:02 PM)
next week final week. if no good news can say bye bye to rize.

but i wont close account, just leave the rm10 in there.  In case in future they offer something attractive again then no need so mafan.
*
highly possible No good news from Rize.

prepared to transfer all out asap without any major issues bruce.gif
Lancer07
post Mar 22 2024, 05:28 PM

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High chance no 4% extension next month

can get ready to withdraw some funds at weekdays
nexona88
post Mar 22 2024, 05:38 PM

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Next week confirmation would be out...

No information means No extension given...
LostAndFound
post Mar 22 2024, 08:31 PM

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QUOTE(ronnie @ Mar 22 2024, 09:16 AM)
limit is to prevent bank run
*
Limit is about online transaction, not to prevent bank run (real bank run will have people standing at counter). Is just to limit losses in event of scam, meaning also limit liability of bank.
ronnie
post Mar 22 2024, 10:26 PM

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No news is bad news for this case
nexona88
post Mar 22 2024, 10:35 PM

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Suddenly "system down" when want to transfer out... After no extension given by Rize

Can sense it afar devil.gif
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