Basic Current Account

Basic Current Account

A current account that offers you basic banking services at minimal cost.

Eligibility:
  • Individual (personal and joint) Malaysian citizens and permanent residents aged 18 years and above.
  • Small and Medium Enterprise (not applicable to Basic 55 Current Account).

Here's what Basic Current Account offers you:
  •     Ease of opening an account with an initial deposit of just RM500.
  •     An introducer is required for opening a Basic Current Account.
  •     Easy access to your account through any Public Bank branch, ATM or PBe.
  •     No fees will be imposed on the issuance of cheque books, except for the stamp duty levied (subject to the cheque processing fee).
  •     No overdraft facility.
  •     Other FREE services offered:
        - Cheques and cash deposits via deposit machines.
        - Account enquiries and fund transfers within the Bank via ATM, internet banking and mobile banking.
        - Bill payments via internet banking and mobile banking.
        - Monthly statement.
  •     This is a non-interest bearing account.

Basic Current Account
  •    Option 1 – Waiver of annual fee for Debit Card
    • Free 6 over-the-counter (OTC) visits per month.
    • Free 8 ATM cash withdrawals per month.
    • The first 2 Interbank GIRO transactions via OTC in a month at a fee of RM0.50 per transaction and RM2.00 per transaction for third transaction onwards.
  • Option 2 – Annual Fee of RM 8.00 for Debit Card
    • Unlimited ATM cash withdrawals and OTC transactions.
    • The first 2 Interbank GIRO transactions via OTC in a month at a fee of RM0.50 per transaction and RM2.00 per transaction for third transaction onwards.

Basic 55 Current Account
  •     Aged 55 years old and above (for joint account, one of the depositors must be aged 55 years old and above).
  •     Free 16 over-the-counter visits per month.
  •     No Debit card will be issued under this account.

Eligible for protection by PIDM.

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Fees and Charges
How to open a Current Account
Terms and Conditions [Bahasa Malaysia] [English] [中文]