ctr-limit

Take Note: RM25,000 Limit Per Unreported Transaction

Published on :

Featured image adapted from Bank Negara Malaysia Anti-corruption was a major stance for Malaysia Baru, and with the dawn of the first full year under a new government, new anti-corruption and anti-money laundering measures have been announced, namely a reduced cash transaction limit from RM50,000 to RM25,000. Rationale While the biggest known money-laundering scandal in […]

pidmdebunked

PIDM Myths Debunked!

Published on :

Savings with major banks in Malaysia often have this sweet-sounding phrase included: XX bank is eligible for protection by PIDM. Today, let’s debunk some myths about PIDM so that you can know it better! What is PIDM? Image via Smart Investor PIDM refers to Perbadanan Insurans Deposit Malaysia, a Government agency established to administer a […]

horses-1401707_640

Get Aggressive with Fixed Deposits Today!

Published on :

So you thought fixed deposits are the easiest, safest, no-hassle forms of investment around? Well, you’re both right and wrong. While the under-lying principle remains the same, there are actually ways to optimise your fixed deposit investments so that they beat the inflation rate and really generate income for you, too. Take Advantage of Promotions […]

frog-1250491_640

How Many Types of Fixed Deposits Do You Know?

Published on :

We all know that fixed deposits are practically the easiest, safest, lowest-risk form of investment available – but did you know that there’s more than one type of fixed deposit in the market? We’re not just talking Bank A versus Bank B, either. The Standard Fixed Deposit The standard fixed deposit is easy to understand […]