Back

Current Account

Conventional

Basic Current Account

A straightforward non-interest bearing checking account

  • MINIMUM DEPOSIT

    RM100

EN BM

Benefits

A straightforward non-interest bearing checking account.

With this account, you get:

  • Checking facility
  • No charge on cheque book except stamp duty
  • Free monthly statement
  • Free unlimited over-the-counter transactions

         

* Protected by PIDM up to RM250,000 for each depositor.

* Click here for PIDM's DIS Brochure.

How to Apply

For Malaysians and Permanent residents aged 18 and above; Joint account up to 4 persons, also for Micro and Small Enterprises under SME category

To apply:

Visit a Maybank branch near you with your primary documents.

Required Primary Documents:

For Malaysians, primary documents include the original Identity Card (IC), Police or Armed Forces ID Card.

For Micro and Small Enterprises*, the required primary documents are set out as per table below:

Sole Proprietorship and Partnership

Professional

Private Limited Company

  1. Identity card (Malaysian Citizen) / MyPR (Permanent Resident of Malaysia) of the proprietor/all partners and authorised signatories
  2. Certificate of Registration/Business Registration
  3. Form D (Business License)
  4. Deed of Partnership (for Partnership only)
  5. Letter of Introduction
  6. Mandate Letter
  1. Board Resolution/Letter of appointment of authorised signatories
  2. License or Certificate issued by the Registrar of Societies or statutory bodies
  3. Rules and Regulations / By Laws / Constitution
  4. Letter for Bar Council (for Law Firms)
  5. Certificate of Registration of Law Firms (for Law Firms)
  6. Professional Indemnity Insurance Certificate (for Law Firms)
  7. Identification document of Partners, authorised Signatories and Controlling Person (UBO)
  1. Memorandum and Articles of Association/Constitution/CoSec Confirmation New Act Sec21
  2. Copy of all directors’ identity card / passport (if foreigner) and authorised signatories
  3. Form 9 (Certificate of Incorporation of Private Company)/Notice of Registration
  4. Form 13 (Change of Company Name)/Notice of Registration of New Name
  5. Form 24/Return for Allotment of Shares
  6. Form 49/Notification of change in the Register of Directors, Managers & Secretaries
  7. Resolution of the Board of Directors to open and operate the account. Download Board Resolution

 

*SME Corporation Malaysia’s definition of Micro and Small Enterprises is set out in the table below:

Category

Micro Enterprise

Small Enterprise

Manufacturing

Sales turnover of less than RM300,000 OR less than 5 full-time employees.

Sales turnover from RM300,000 to less than RM15 million OR full-time employees from 5 to less than 75

Services and & Other Sectors

Sales turnover of less than RM300,000 OR less than 5 full-time employees.

Sales turnover from RM300,000 to less than RM3 million OR full-time employees from 5 to less than 30

If a business fulfills either one criteria across the different sizes of operation, then the smaller size will be applicable. For example if a firm’s sales turnover falls under microenterprise but employment falls under small, the business will be deemed as a microenterprise.

Streamline Your Business, Maximise Efficiency with Maybank Business Account


Sign up for an account now and grow business funds for a chance to win Cash Reward up to RM88,888 awaits! T&C apply.

Campaign Period: 1 March 2024 – 31 August 2024


FIND OUT MORE

Boost Your Business Funds with up to RM100,000 cash prize to be won!


Build up your funds, improve your cash flow, and let Maybank give you an extra boost with up to RM100,000 cash prize to be won!


Join & register today

Locate a branch

Find a Maybank branch nearby you

Locate US

Other accounts to choose from