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 • RM1.00 per transaction
• 8 ATM Cash Withdrawals • RM1.00 per transaction
   
  Note
Customers can opt to perform unlimited withdrawal transactions via the ATM and over-the-counter by paying an annual ATM card fee of RM8.00.
   
Basic 55 Savings Account:  
• 16 Over-The-Counter Visits • RM1.00 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 "PB Visa/Mastercard/UnionPay Lifestyle Debit" Card Annual Fee  
• Basic Savings Account • Free of Charge
• Basic 55 Savings Account • No "PB Visa/Mastercard/UnionPay Lifestyle Debit" Card will be issued
3 IBG Transaction Fee  
   
over-the-counter  
• Monthly Transaction Threshold - First 2 • RM0.50 each
• Fee for Transaction Exceeding Threshold • RM2.00 per transaction
  Note: Free of charge for senior citizens 60 years and above and disabled persons
   
- via internet banking and mobile banking - Free of Charge (effective 13 June 2018)
- Fund transfer via ATM - Free of Charge (effective 1 July 2018)
   
4 Dormant Account  
• Balances up to RM10.00 • Close the account and absorb the balance as a charge
• Balances of more than RM10.00 • Charge an annual fee of RM10.00 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)
• Replacement of "PB Visa/Mastercard/UnionPay Lifestyle Debit" Card • RM12.00
• Closure of account within 3 months of account opening • RM10.00
• Cash withdrawal at other MEPS member bank's ATM • RM1.00
  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.