Revision of Product Features for Basic Banking Account
Dear Valued Customers,
Please be informed that with effect from 1 April 2026, the Product Features for Basic Banking Accounts will be revised as outlined below:
| Features | AS IS (Current) | TO BE (Revised To) |
|---|---|---|
|
Minimum Initial Deposit for a) Basic Savings Account/-i (BSA/-i) b) Basic Current Account/-i (BCA/-i) |
a) RM20 b) RM500 |
a) Remain at RM20 b) Reduced to RM100 |
| Payment of RM8 Annual Fee for Individual Customers | An RM8 annual Debit/ATM Card Fee is currently imposed for unlimited Over-The-Counter (OTC) transactions and ATM withdrawals | The service will be provided at no charge |
| Pay-as-you-use (no annual fee) | On the 9th withdrawal onwards, a charge of RM0.50 will apply | The service will be provided at no charge |
Thank you.