Most of the businessman more prefers to open Current Account to pay for their loans, and bills as this will bring more convenient for them. However, most of them may face the problem of finding “Introducer” who is an existing current account holder. The Introducer must opened more than 1 year current account and need to maintained good record. Another tips is go to your introducer branch to open your current account, you will get faster respond.
As I know, a lot of bank in Malaysia required all original Identity card, driving license, utility bills, letter pf employment in order to avoid fraudster nowadays. So, it is better get everything ready to avoid any hassle. And, it will allow those who age 18 and above to open current account.
The minimum initial deposit is only RM500, and it will come with cheque book & ATM Card. You can enjoy unlimited ATM withdrawals but need to pay an annual fee of RM8.
Fees & Charges
Service charge of RM10 per half year, will be waived for accounts with an average balance of RM1,000 within 6 months.
If you close your account within 3 months after opening then you will be charged RM20.