e-Fixed Deposit Promotion
Discontinuation of USD FD Promotional Rate
Please be informed that the USD Fixed Deposit promotional rate for “e-Fixed Deposit Promotion” will be discontinued with effect from 20 October 2022.
Campaign:
e-Fixed Deposit Promotion
Promotion Period:
1 September 2022 to 31 October 2022
Eligibility:
BOCM individual customers and Wealth Management banking customers aged 18 years and above (including Malaysian and non-Malaysian); and
BOCM Internet Banking and Mobile Banking application users; and
Customers who have:
(i) an existing Fixed Deposit (“FD”) account, and
(ii) Savings account, MYR Current account, RMB Current account or USD Current account (“CASA Account”)
and both FD and CASA Accounts must be in active status.
Promotion Details:
MYR Fixed Deposit
For Promotion Period from 1 September 2022 to 23 September 2022
Customer Type |
Eligible Product |
Tenure |
Promotional Rate |
Minimum Placement Amount |
|---|---|---|---|---|
Normal Customer |
MYR FD |
11 Months |
2.95% p.a. * |
RM10,000 |
Wealth Management Banking customer |
MYR FD |
11 Months |
3.00% p.a. ** |
RM10,000 |
* The effective annual interest rate is 2.90%p.a. assuming 11 Months MYR FD is renewed for the same tenure at the board rate of 2.35%p.a. as at 1 September 2022, subject to the revision.
** The effective annual interest rate is 2.95%p.a. assuming 11 Months MYR FD is renewed for the same tenure at the board rate of 2.35%p.a. as at 1 September 2022, subject to the revision.
For Promotion Period from 24 September 2022 to 31 October 2022
Customer Type |
Eligible Product |
Tenure |
Promotional Rate |
Minimum Placement Amount |
|---|---|---|---|---|
Normal Customer |
MYR FD |
11 Months |
3.10% p.a. * |
RM10,000 |
Wealth Management Banking customer |
MYR FD |
11 Months |
3.20% p.a. ** |
RM10,000 |
* The effective annual interest rate is 3.06%p.a. assuming 11 Months MYR FD is renewed for the same tenure at the board rate of 2.60%p.a. as at 21 September 2022, subject to the revision.
** The effective annual interest rate is 3.15%p.a. assuming 11 Months MYR FD is renewed for the same tenure at the board rate of 2.60%p.a. as at 21 September 2022, subject to the revision.
RMB Fixed Deposit
Customer Type |
Eligible Product |
Tenure |
Promotional Rate |
Minimum Placement Amount |
|---|---|---|---|---|
Normal Customer & Wealth Management Banking customer |
RMB FD |
11 Months |
2.20% p.a. ^ |
RMB10,000 |
^ The effective annual interest rate is 2.17%p.a. assuming 11 Months RMB FD is renewed for the same tenure at the board rate of 1.80% as at 1 September 2022, subject to the revision.
USD Fixed Deposit - Discontinue with effect from 20 October 2022
Customer Type |
Eligible Product |
Tenure |
Promotional Rate |
Minimum Placement Amount |
|---|---|---|---|---|
Normal Customer & Wealth Management Banking customer |
USD FD |
11 Months |
3.20% p.a. ^^ |
USD5,000 |
^ The effective annual interest rate is 2.17%p.a. assuming 11 Months RMB FD is renewed for the same tenure at the board rate of 1.80% as at 1 September 2022, subject to the revision.
Protected by PIDM up to RM250,000 for each depositor
Member of PIDM
The Promotion is only available at BOCM Internet Banking (BOCnet) and Mobile Banking Application. For detailed “e-Fixed Deposit Promotion” Terms and Conditions, please click here.
For “e-Fixed Deposit Placement Process Flow”, please click here.
Gentle Reminder
There is an inherent foreign exchange rate risk due to the fluctuation of the RMB/USD exchange rate against Ringgit Malaysia.
