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 Digital bank Rize, By Al Rajhi Bank

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Jessica JM.
post May 12 2023, 02:49 PM

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I just wanted to ask you guys something.

What made you invest in Rize?
Jessica JM.
post May 12 2023, 03:03 PM

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Thanks for the answer.

I created an account and transferred money from TnG Duitnow, and it was successful, but then it got returned to my TnG account. Any idea what went wrong?

Jessica JM.
post May 12 2023, 03:09 PM

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QUOTE(ikanbilis @ May 12 2023, 03:06 PM)
Think you have to transfer from another bank. They don’t recognize TnG as a bank.
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Thanks! Will you guys also be moving your FD to the Rize account?
Jessica JM.
post May 12 2023, 03:28 PM

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I'm sorry to ask, but in that case, why not just put the money in a fixed deposit since they offer higher rates? Sorry, I'm not very familiar with financial products.



Jessica JM.
post May 12 2023, 04:00 PM

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I was thinking of switching from KDI to Rize, but then I found out that I need to have a minimum of RM 100 for a savings account and RM 250 for an investment account.



Jessica JM.
post May 12 2023, 04:14 PM

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I'm not sure if I remembered it wrongly or not, but I recall that when I signed up for KDI (either saving or investment account), the minimum amount required wasn't like what's stated now. Anyway, I already withdrew my money from KDI and put it into Rize.




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