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Investment Account

 

Subject Charges Rate / Amount
Lost or destroyed Investment Certificate Stamp Duty will be charged for the Indemnity Letter regardless of the amount RM10.00 (stamp duty)
Negotiable Islamic Debt Certificate (NIDC) Delivery of certificate to authorized depository, which is another institution at primary issue RM5.00 per certificate
Splitting/combining denomination(s) by depositor RM3.00 per transaction
Replacement of lost/damaged certificate(s) by bearer RM3.00 per transaction
Delivery of certificate from seller’s authorised depository to buyer’s authorized depository by seller RM5.00 per transaction
Withholding Tax   5% of the accrued gains or profits of an individual resident’s investment account.
Note:
• Money deposited in any investment accounts of 12 months or more and the amount is more than RM100,000 qualifies for exemption from the withholding tax.
• Money deposited in any investment accounts up to RM100,000 for a period of not more than 12 months also qualifies for exemption from the withholding tax.
 
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