Benefits

  • A great way to increase the degree of portfolio diversification
  • A better security against inflating economies
  • It is convenient to manage your investment. You can easily buy or sell silver in your account , with your passbook at any Maybank branch in Malaysia
  • Start right away with an affordable initial purchase

Features Description
Minimum Initial Purchase20 gram
Minimum Subsequent Purchase/Sale10 gram in multiples of 1 gram
Minimum Balance in the Account 5 gram
Silver Purchase Price- Silver purchase will be based on the Bank's prevailing silver SELLING price quoted in RM per gram

- The mode of payment accepted for purchase of silver are:

• Cash

• Debiting of current/savings account maintained with the Bank

• House cheque
Silver Sale/WithdrawalSilver sale will be based on the Bank's prevailing silver BUYING price quoted in RM per gram

Withdrawal options available are:

• Cash

• Crediting of current/savings account maintained with the Bank
Mode of Operation Passbook
Interest No interest payout
Stamp Duty Fee on Agreement RM10
Replacement of Lost / Spoilt Passbook RM15 (inclusive of Stamp Duty for Letter of Indemnity)

 

Who can apply

  • Individuals aged 18 years and above
  • Joint account - maximum 4 persons

Disclaimer: The returns on Maybank Silver Investment Account are subject to the silver price fluctuations. Customers are advised to read and understand the product before making any investment. Maybank Silver Investment Account is not insured by Perbadanan Insurans Deposit Malaysia (PIDM).

Click here to view today's silver rates

Click here to view Maybank Silver Investment Account Agreement

Click here to view Product Disclosure Sheet

Click to view current rates/Precious Metal commentary.

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