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Lastest S$ Deposit updates - Part 3

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Old 19-04-2018, 10:12 PM   #1486
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3 days to open account
3 weeks to close account? Very worried, not normal yo
Close account no need three days.

Actually, it's the same as those Indian banks.

According to the relationship manager. They need time to clear the cheque before they would mail out the statement. Regardless, the deposit value date is the date that the deposit is made.

The bank said that subsequent placement will be cleared on the same day.

It seems that this kind of procedure is normal in some countries.

Last edited by hatisinga; 19-04-2018 at 10:13 PM.. Reason: Add in close account answer
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Old 26-04-2018, 10:06 PM   #1487
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Close account no need three days.

Actually, it's the same as those Indian banks.

According to the relationship manager. They need time to clear the cheque before they would mail out the statement. Regardless, the deposit value date is the date that the deposit is made.

The bank said that subsequent placement will be cleared on the same day.

It seems that this kind of procedure is normal in some countries.
Ok. Thanks for the detailed explanation.
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Old 27-04-2018, 11:40 AM   #1488
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Where is the source for Bangkok bank 1.6%?
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Old 27-04-2018, 12:57 PM   #1489
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1.8% coming soon.
SGD very weak nowadays bcos those financial institutions refused to up their interest rates offered sufficiently. For the first time in a very long while, the Malaysian Ringgit has been exceptionally strong against the SGD, causing imports to be much more costly yo
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Old 27-04-2018, 02:06 PM   #1490
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1.8% coming soon.
SGD very weak nowadays bcos those financial institutions refused to up their interest rates offered sufficiently. For the first time in a very long while, the Malaysian Ringgit has been exceptionally strong against the SGD, causing imports to be much more costly yo
Source????
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Old 27-04-2018, 02:13 PM   #1491
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Source is me lah
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Old 27-04-2018, 02:42 PM   #1492
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Huh..no real, reliable source one ah. Chey

Last edited by mdax23; 27-04-2018 at 02:48 PM..
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Old 27-04-2018, 04:17 PM   #1493
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Huh..no real, reliable source one ah. Chey
No source is reliable these days lah.
Even the unlikely president is against the news & media people yo
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Old 27-04-2018, 05:00 PM   #1494
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Source is me lah
Hope have better news. Rates even better than 1.8%
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Old 27-04-2018, 05:36 PM   #1495
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Bank of East Asia 1.6% for 50k, 1year.
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Old 27-04-2018, 09:39 PM   #1496
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Where is the source for Bangkok bank 1.6%?
I was there to open an account.
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Old 28-04-2018, 08:50 AM   #1497
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1.8% coming soon.
SGD very weak nowadays bcos those financial institutions refused to up their interest rates offered sufficiently. For the first time in a very long while, the Malaysian Ringgit has been exceptionally strong against the SGD, causing imports to be much more costly yo


HKD 12 month FD already hit 2% this week.
Spore std chartered PRUinvestor, 5 yrs, principle guarantee, 1.8%.
FED will have many many more rate hike & spike to come.
Sibor, 1 year at 1.85% now, FD 12 month will move closer.
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Old 28-04-2018, 11:41 AM   #1498
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HKD 12 month FD already hit 2% this week.
Spore std chartered PRUinvestor, 5 yrs, principle guarantee, 1.8%.
FED will have many many more rate hike & spike to come.
Sibor, 1 year at 1.85% now, FD 12 month will move closer.
Good info yo
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Old 28-04-2018, 01:11 PM   #1499
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HKD 12 month FD already hit 2% this week.
can SIC the source pls ?

someone also mentioned it to me but forgotten where it was from

thanks
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Old 28-04-2018, 02:45 PM   #1500
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Icbc FD 1.47% 20 - 200k, 1.5% 200k above
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