Fixed Deposit Promotion

[hquek]

If you are withdrawing from your own account, and withdrawal cheque is the account holder’s (ie your) name, there should be no charge.


Else the bank will charge $5 for the cheque.

[TheAnswer]

patntee:

TheAnswer:

Just checking if it is possible to open a new bank account in another bank and ask the current bank to transfer money over? Or is it a must to bank in cheque?

I think the current bank will ask you to transfer online yourself or buy a cashier's order from them, if there is no cheque book tied to the account.

How much is the cashier order?

[Nebbermind]

TheAnswer:

How much is the cashier order?

nebber had to pay anything for CO (made to own name)

[TheAnswer]

Nebbermind:

TheAnswer:

How much is the cashier order?

nebber had to pay anything for CO (made to own name)

Ahh.. nice to know that..

[zbear]

TA, as a DBS Treasures customer, you shld be entitled to certain benefits such as free n multiple COs.


Why not ask yr RM?

[TheAnswer]

zbear:

TA, as a DBS Treasures customer, you shld be entitled to certain benefits such as free n multiple COs.


Why not ask yr RM?

RM always changing wan leh.. So far we haven't used any benefits..

[turtlexpress]

Bank of China sometimes do give attractive FD rates and sometimes even short tenure like 9 months.


It is good for those that may need not need long tenure like 12 months or 24 months.

[lee_yl]

[quote]Get up to 3.59% p.a. with Maybank Foregin currency Time Deposit. Min $10k units of AUD, NZD or USD, 3-6 moths tenure. Last day 30th June.[/quote]
Hi all,

SGD is still a strong currency and I am not sure what foreign currencies would be good for investment.

The Malaysian Ringgit crossed 2.8 a few days ago. Those who bought Iskandar units for retirement some years ago probably lost 20% from foreign exchange alone.

AUD close to parity now and likely to remain weak due to lack of demand for Australian mineral riches.

USD has not really strengthened much against S$ and the rate of USD 1= S$1.35 appears stable for the near term.

Euro is likely to be weak with Grexit and all the loose monetary policy.

[starlight1968sg]

Am only keen in SGD FD.

[lee_yl]

starlight1968sg:

Am only keen in SGD FD.

Lower risk lower returns. But at least the value of your money is maintained.
So far nothing attractive caught my eyes yet.