Fixed Deposit Promotion
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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?
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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. -
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. -
patntee:
How much is the cashier order?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. -
TheAnswer:
nebber had to pay anything for CO (made to own name)
How much is the cashier order? -
Nebbermind:
Ahh.. nice to know that..
nebber had to pay anything for CO (made to own name)TheAnswer:
How much is the cashier order? -
TA, as a DBS Treasures customer, you shld be entitled to certain benefits such as free n multiple COs.
Why not ask yr RM? -
zbear:
RM always changing wan leh.. So far we haven't used any benefits..TA, as a DBS Treasures customer, you shld be entitled to certain benefits such as free n multiple COs.
Why not ask yr RM? -
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. -
[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.
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