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)


Fees & Charges

ATM charges

 

Option on ATM Charges

An annual charge of RM8.00

The application will be processed as usual where RM8.00 charge will be charged


No Annual Fee (8 FREE ATM withdrawals in a month)

Any withdrawal exceeding 8 times in a month will be charged at RM0.50 per ATM withdrawal


MEPS IBG

All BSA holders will enjoy a service charge on only RM0.50 for the first two transaction for MEPS IBG.


Early Closure of account

Early closure of the account within 3 months of account opening will be charged RM20.00 per account


Cash Withdrawal via MEPS

Any cash withdrawal at ATM owned by other Financial Institution under MEPS will be charged RM1.00 per transaction

 

Terms & Conditions

Click here to view Terms & Conditions for BASIC SAVINGS ACCOUNT-i effective 1st August 2021

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