Basic Savings Account-i
(Protected by PIDM up to RM250,000 for each depositor)In the provision of banking services, it is important to ensure that the Malaysian public, especially the low-income consumers, have access to basic banking services at minimal costs.
Benefits & Features
Minimum Services
- Cash deposit
- ATM and over-the-counter (OTC) withdrawals
- Fund transfers and bill payment facilities
Internet Banking
- Fund transfer facility (with EXCEPTION of GIRO facility where the Bank will impose a service charge of RM0.10 per transaction to BCA holders)
- Online bill payment facilities within the Bank
- Account enquiries including account balances/summary, account statement and transaction history
Other benefit
- No service or maintenance charge will be imposed on the account
- Enjoy the convenience of printing mini statement via ATM machines
- ATM withdrawal via MEPS
Contract
Qard
The Customer shall give consent to the Bank to deal with the whole or any part of any balances in the account in the manner that the Bank deems fit. Any profit generated by the Bank from the use of the funds shall belong to the Bank. The Bank may at its absolute discretion, give reward (Hibah) to the Customer. Subject to the terms hereof, the Bank guarantees payment of the whole sum standing to the credit of the Customer’s account upon demand.
Eligibility
Eligible Person
Malaysian citizens and permanent residents
Minimum Opening
RM20
Minimum Balance
RM20
Age Requirement
Open to all
Types of Account
For Individual, Joint and Trust (for children below 12 years old – to be opened with parents/legal guardian)
Terms & Conditions
Click here to view Terms & Conditions for BASIC SAVINGS ACCOUNT-i effective 22nd January 2024
