Saturday, 21 October 2017, 30 Muharam 1439H Solat Time:
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Basic Savings & Current Account-i


Introduction


In the provision of banking services, it is important to ensure that the Malaysian public, especially the low-income consumers, have access to basic banking services at minimal costs.


BASIC SAVINGS ACCOUNT (BSA)


Eligibility
  • Malaysian citizens and permanent residents
  • Open to all (Below 13 years old must be opened under Trust)
  • Applicable to Individuals and Joint-Individual only
Minimum Balance
  • RM20.00
Minimum Services

The following are the minimum services offered via BSA

  • Cheque and cash deposit
  • ATM and over-the-counter (OTC) withdrawals
  • Fund transfers and bill payment facilities
Internet Banking
  • Fund transfer facility (with EXCEPTION of GIRO facility where the Bank will impose a service charge of RM0.11 per transaction to BCA holders)
  • Online bill payment facilities within the Bank
  • Account enquiries including account balances/summary, account statement and transaction history
Benefits
  • No service or maintenance charge will be imposed on the account
  • Enjoy the convenience of printing mini statement via ATM machines


Note:

RM0.53 charge will be imposed after 6 visits to any of the branches for that month.


ATM Charges

Option on ATM charges

An annual charge of RM8.48 The application will be processed as usual where RM8.48 charge will be charged
No Annual Fee.
8 FREE ATM withdrawals in a month
Any withdrawal exceeding 8 times in a month will be charged at RM0.53 per ATM withdrawal


MEPS IBG

All BSA holders will enjoy a service charge on only RM0.53 for the first two transaction for MEPS IBG.


Other Charges

Transaction Charges Imposed

Replacement of ATM card

Replacement of new ATM card due to the following reasons will be charged RM12.00 to the BSA holders;

  • Physically damage card
  • Deleted card by the system
  • Spoilt chip or magnetic strip used more than 6 months or
  • Card captured/swallowed by ATM terminal and is not claimed by the customer after 14 working days of being captured
Early closure of the account Any BSA which is closed within 3 months of account opening will be charged RM21.20 per account
ATM withdrawal via MEPS Any cash withdrawal at ATM owned by other Financial Institution under MEPS will be charged RM1.06 per transaction

Note : The fees/charges are inclusive of 6% GST where applicable, starting 1 April 2015.

Eligible for protection by PIDM



BASIC CURRENT ACCOUNT (BCA)


Eligibility
  • Malaysian citizens and permanent residents
  • Must be at least 18 years old
  • Applicable to Individuals and Joint-Individual only
Minimum Services
  • Cheque and cash deposit
  • ATM and over-the-counter (OTC) withdrawals
  • Fund transfers and bill payment facilities
  • Issuance of cheque with NO overdraft facilities
Initial Minimum Deposit RM500.00
Service Fee A service fee of RM10.60 on half-yearly basis is deducted from BCA with an average balance of less than RM1,000.00 during the half year.
Internet Banking

Available to all BCA account holders. The following Internet Banking services are free of charged:

  • Fund transfer facility (with EXCEPTION of GIRO facility where the Bank will impose a service charge of RM0.11 per transaction to BCA holders)
  • Online bill payment facilities within the Bank
  • Account enquiries including account balances/summary, account statement and transaction history


ATM Charges

Option on ATM charges

An annual charge of RM8.48 The application will be processed as usual where RM8.48 charge will be charged
No Annual Fee.
8 FREE ATM withdrawals in a month
Any withdrawal exceeding 8 times in a month will be charged at RM0.53 per ATM withdrawal


MEPS IBG

All BCA holders will enjoy a service charge on only RM0.53 for the first two transaction for MEPS IBG.

Cheque Boook


The BCA holders will be provided with cheque book facility (but NO overdraft facility is allowed). The issuance of cheque book is FREE of charge. However, the account holder will have to pay for the charges on stamp duty.

Number of Free Deposits

All the deposit transactions via electronic channels will be at no cost to the deposits.

Note : The fees/charges are inclusive of 6% GST where applicable, starting 1 April 2015.

Eligible for protection by PIDM

Terms and Conditions

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