Basic Savings Account (BSA) / Basic 55 Savings Account (BSA 55)

Basic Savings Account (BSA) / Basic 55 Savings Account (BSA 55)

No. Type of Charges Amount
  Name of Deposit Type Deposit Type
1 Monthly Transaction Threshold Fee For Transaction Exceeding Threshold
   
Basic Savings Account:  
• 6 Over-The-Counter Visits • RM1-06 per transaction
• 8 ATM Cash Withdrawals • RM1-06 per transaction
   
Basic 55 Savings Account:  
• 16 Over-The-Counter Visits • RM1-06 per transaction
  Note: Per visit is defined as the day the customer visits the branch to perform at least one cash withdrawal transaction. For Bank's internal monitoring purposes, even if the customer performs multiple cash withdrawal transactions over-the-counter on an account per day, all said multiple transaction(s) will be considered as one (1) cash withdrawal for the day.
2 BankCard Annual Fee  
• Basic Savings Account (BSA) • Free
• Basic 55 Savings Account (BSA55) • No BankCard will be issued
3 IBG Transaction Fee  
   
over-the-counter  
• Monthly Transaction Threshold - First 2 • RM0-53 each
• Fee for Transaction Exceeding Threshold • RM2-12 per transaction
  Note: Free of charge for senior citizens 60 years and above and disabled persons
   
- via internet banking and mobile banking - RM0-11 per transaction
- Fund transfer via ATM - RM0-32 per transaction
   
4 Dormant Account  
• Balances up to RM10-00 • Close the account and absorb the balance as a charge (6% GST is applicable on the balances)
• Balances of more than RM10-00 • Charge an annual fee of RM10-60 until the fund is transferred to Unclaimed Monies.
5 Other Fees and Charges  
• Replacement of lost savings passbook • RM20-00 (of which RM10-00 is for the stamp duty) (not subject to GST)
• Replacement of ATM/PB BankCard • RM12-00 (not subject to GST)
• Closure of account within 3 months of account opening • RM10-00 (not subject to GST)
• Cash withdrawal at other MEPS member bank's ATM • RM1-06
  Note: Service charges on other types of services not listed above will follow the bank standard charges rates, should customer opt to use the services.