Asking bank question

[Hyruga]

If my mum has a sum of money...say 80k put in normal savings account in bank A (not fixed deposit),
can she walk into another bank B and invest the money in another bank B (take note she does not have the cashier's order or cheque)?

 

[botakchek]

But what about Bank C ?

 

[alex22]

If my mum has a sum of money...say 80k put in normal savings account in bank A (not fixed deposit),
can she walk into another bank B and invest the money in another bank B (take note she does not have the cashier's order or cheque)?

Cannot. Because your mother is not the money

 

[Joseph12]

If my mum has a sum of money...say 80k put in normal savings account in bank A (not fixed deposit),
can she walk into another bank B and invest the money in another bank B (take note she does not have the cashier's order or cheque)?

Sure
Write a cheque or transfer over to new account in bank B

 

[Hyruga]

Sure
Write a cheque or transfer over to new account in bank B

Don't have cheque. How to transfer?

 

[Joseph12]

Don't have cheque. How to transfer?

Ask Bank B
They want your money of course do their job

Anyway can do Cashiers order from Bank A under my name joseph12
I will invest .
Haha
No
Do cashiers order under her name and deposit in bank B account

 

[addict951]

If my mum has a sum of money...say 80k put in normal savings account in bank A (not fixed deposit),
can she walk into another bank B and invest the money in another bank B (take note she does not have the cashier's order or cheque)?

What is she ‘buying’ at bank B?

 

[user2024]

TS u don't know nowadays u can transfer money from one bank to another bank?

 

[Hyruga]

Ask Bank B
They want your money of course do their job

Anyway can do Cashiers order from Bank A under my name joseph12
I will invest .
Haha
No
Do cashiers order under her name and deposit in bank B account

But don't have cashier order lei.

If go bank B, no cashier order. How to invest? Bank B waits 3 hours.

Later they ask us go bank A. Bank A waits 3 hours. Bank A already closing and don't entertain.

 

[Hyruga]

TS u don't know nowadays u can transfer money from one bank to another bank?

Only can transfer 5k or so each time...

 

[focus1974]

If my mum has a sum of money...say 80k put in normal savings account in bank A (not fixed deposit),
can she walk into another bank B and invest the money in another bank B (take note she does not have the cashier's order or cheque)?

why not just go take the cashier's order from Bank A and then bring to Bank B to do FD? hehe

 

[addict951]

But don't have cashier order lei.

If go bank B, no cashier order. How to invest?

The simplest thing to do is to go queue at bank A and withdraw that $80K in cash and carry it to bank B to do whatever you want lo

 

[Joseph12]

But don't have cashier order lei.

If go bank B, no cashier order. How to invest?

What
Buy cashiers order

You can buy a cashiers order
It simply means your bank write a cheque signed by them of YOUR money payable to whoever you want

They can do a cashiers order ON THE SPOT
Take cashiers order to bank B and deposit into your account

 

[Joseph12]

The simplest thing to do is to go queue at bank A and withdraw that $80K in cash and carry it to bank B to do whatever you want lo

Cash is more sensitive cos scammers

 

[Hyruga]

The simplest thing to do is to go queue at bank A and withdraw that $80K in cash and carry it to bank B to do whatever you want lo

Nowadays jialat lei...wait at one bank must wait 2-3 hours. Maybe even longer.

 

[alex22]

The simplest thing to do is to go queue at bank A and withdraw that $80K in cash and carry it to bank B to do whatever you want lo

Yes this way TS mother becomes the money

 

[galmongie]

Why cannot use cashier's order?

 

[bigrooster]

If my mum has a sum of money...say 80k put in normal savings account in bank A (not fixed deposit),
can she walk into another bank B and invest the money in another bank B (take note she does not have the cashier's order or cheque)?

Can use MEPS payment.

But issuing cashier's order is the quickest and cheaper option.

 

[Hyruga]

Why cannot use cashier's order?

Must wait 2 to 3 hours for cashier's order 1 bank.

And then go another bank wait another 2 to 3 hours...

 

[dilphinus]

If my mum has a sum of money...say 80k put in normal savings account in bank A (not fixed deposit),
can she walk into another bank B and invest the money in another bank B (take note she does not have the cashier's order or cheque)?

Invest in another bank or Invest with another bank? Huge difference.