• Business Current Account / Business Current Account-i
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Business Current Account / Business Current Account-i

Manage your business transactions via this account.

 

Apply for Business Current Account online, click here.

 

Apply for Business Current Account-i online, click here.

Features

  • Internet Banking

    Perform payments and account enquiries online.

  • SMS &
    Email Alerts

    Receive notifications on account activities.

  • Monthly
    Statements

    Monthly statements every 20th or 30th of the month.

Business Current Account

Apply for Business Current Account online, click here.

 Documentation

SOLE PROPRIETORSHIP PARTNERSHIPS PRIVATE & PUBLIC LTD. COMPANIES (SDN BHD) Certified copy from Company Secretary: CLUBS/ASSOCIATIONS/SOCIETIES, MOSQUES & OTHER RELIGIOUS BODIES Certified copy of:

Original Identity

Card

of Sole-Proprietor

Original Identity Cards of Partners

Resolution from Board of Directors to open account & list of authorised signatories

Resolution of Committee Members authorising opening of account & list of authorised signatories

Original Business Registration

Form A or B + D

Original Business Registration

Form A or B + D

Form 24 Return of Allotment of Shares

Authority letter for Clubs / Societies

N/A

Bank’s Partnership Mandate Form

Form 49 Particulars of Directors

Rules & Regulations of Clubs/Associations including by-laws

N/A

N/A

Memorandum & Articles of Association

- Certificate of Incorporation

Photocopies of Identity Cards of all authorised signatories

N/A

N/A

Certificate of Authority (for Public Ltd. Co. only)

N/A

N/A

N/A

Obtain photocopies of Identity Cards of all authorised signatories

N/A

 Fees and Charges

PRODUCTS / ITEMS CHARGES

Half- yearly service charge

RM10 for accounts with

average credit balance

of less than RM1,000

Search fees for account opening

RM15 (not applicable for accounts opened by individuals and SMEs)

Interest charged on debit balance

Minimum of RM5 or actual interest charged,

whichever is higher

Stamp duty on cheques

RM0.15 per cheque leaf

Processing fees on cheques

RM0.50 per transaction

Stamp duty for third party mandate

RM10

Service charge for third party mandate

RM10

Despatch of cheques books by registered

mail within Malaysia & Singapore

RM10 per cheque book,

irrespective of size

Cheque Books not collected after 30 days

RM30 per cheque book

Current Account Statement

- Free on a monthly basis

- RM20 per month for daily request

- RM10 per month for weekly request

- RM5 per month for fortnightly request

Additional / Reproduction of Current Account

Statement for period up to 1 year

RM30 (upfront)

RM2 (additional page)

Cheque Return Charges - Insufficient Funds

Cheque Return Charges - Stop Payment with Insufficient Balance

RM100 per cheque

Cheque Return Charges - Post Dated Cheque

RM10 per cheque (to be paid by depositor)

Cheque Return Charges - Technical Reasons

No charges

Stop Payment Instruction

RM10 per instruction, irrespective of number of cheques.

Commission of

Outstation Cheques Purchased

No commission

Money/Postal Order Deposits

No commission

Interbranch Online Transactions (IBOT)

No charges

Online Interbank GIRO (IBG)

RM0.10 per transaction

Interbranch Current Account Cash Withdrawal

(for individual account only)

RM5 per transaction

Transfer of Funds within same branch

by Instruction Transfer of Funds

to another branch by Instruction

RM5 per transaction

Transfer of Funds to another

Bank by Instruction

- By Way of Drawing Voucher /

Banker's Cheque Sent by Post

RM5 per Drawing Voucher / Bankers Cheque

and RM0.15 stamp duty on

Banker's Cheque

Transfer of Funds to another

Bank by Instruction - By RENTAS

RM5 per transaction

Interbank Funds Transfer

(For Penang & Johor Bahru Branches)

RM5 per transfer of funds within the same

clearing zone through BNM and cable

charges of RM3 or RM6 respectively,

if beneficiary banks are in West Malaysia or

East Malaysia, where applicable

Closing of Current Account

(within 3 months of its opening)

RM20 & a half-yearly service charge

on a prorate basis based on the number

of completed months the

account has been maintained

Closing of Current Account

(after 3 months of its opening)

RM10 & a half-yearly service charge on

a prorate basis based on the

number of completed months the

account has been maintained

Third Party Cheque Encashment

RM2 per cheque

Letter of Reference

RM30 per letter

Certification/Confirmation/Statement

Issued for EPF Member's Withdrawal

RM20 per certificate/confirmation/statement

Referral of Cheques

RM20 per cheque

DCHEQS Appeals

(Removal from DCHEQS Offenders Blacklist)

RM50 per appeal

DCHEQS Appeals

(Revoke of DCHEQS Incidents)

RM50 per account

Change of Signatories / Conditions

RM10 per account per occasion

Service charge for Inward Unpaid Items

(Unpaid Cheques Deposited)

RM5 per envelope

Dormant Account Activities Fee

RM10 annually after the date

of notice sent to account holder

Dishonoured cheque account appeals

RM50 per account

ATM card annual fee

RM8

Debit card annual fee

RM15

BizAlert Subscription fee

RM20 monthly per user per account

Eligible for PIDM protection. To view PIDM's brochure, click here.

                                

Business Current Account-i

Apply for Business Current Account-i online, click here.

 Documentation

SOLE PROPRIETORSHIP PARTNERSHIPS PRIVATE & PUBLIC LTD. COMPANIES (SDN BHD) Certified copy from Company Secretary: CLUBS/ASSOCIATIONS/SOCIETIES, MOSQUES & OTHER RELIGIOUS BODIES Certified copy of:

Original Identity

Card

of Sole-Proprietor

Original Identity Cards of Partners

Resolution from Board of Directors to open account & list of authorised signatories

Resolution of Committee Members authorising opening of account & list of authorised signatories

Original Business Registration

Form A or B + D

Original Business Registration

Form A or B + D

Form 24 Return of Allotment of Shares

Authority letter for Clubs / Societies

N/A

Bank’s Partnership Mandate Form

Form 49 Particulars of Directors

Rules & Regulations of Clubs/Associations including by-laws

N/A

N/A

Memorandum & Articles of Association

- Certificate of Incorporation

Photocopies of Identity Cards of all authorised signatories

N/A

N/A

Certificate of Authority (for Public Ltd. Co. only)

N/A

N/A

N/A

Obtain photocopies of Identity Cards of all authorised signatories

N/A

 Fees and Charges

PRODUCTS / ITEMS CHARGES

Half- yearly service charge

RM10 for accounts with

average credit balance

of less than RM1,000

Search fees for account opening

RM15 (not applicable for accounts opened by individuals and SMEs)

Profit charged on debit balance

Minimum of RM5 or actual profit charged,

whichever is higher

Stamp duty on cheques

RM0.15 per cheque leaf

Processing fees on cheques

RM0.50 per transaction

Stamp duty for third party mandate

RM10

Service charge for third party mandate

RM10

Despatch of cheques books by registered

mail within Malaysia & Singapore

RM10 per cheque book,

irrespective of size

Cheque Books not collected after 30 days

RM30 per cheque book

Current Account Statement

- Free on a monthly basis

- RM20 per month for daily request

- RM10 per month for weekly request

- RM5 per month for fortnightly request

Additional / Reproduction of Current Account

Statement for period up to 1 year

RM30 (upfront)

RM2 (additional page)

Cheque Return Charges - Insufficient Funds

Cheque Return Charges - Stop Payment with Insufficient Balance

RM100 per cheque

Cheque Return Charges - Post Dated Cheque

RM10 per cheque (to be paid by depositor)

Cheque Return Charges - Technical Reasons

No charges

Stop Payment Instruction

RM10 per instruction, irrespective of number of cheques.

Commission of

Outstation Cheques Purchased

No commission

Money/Postal Order Deposits

No commission

Interbranch Online Transactions (IBOT)

No charges

Online Interbank GIRO (IBG)

RM0.10 per transaction

Interbranch Current Account Cash Withdrawal

(for individual account only)

RM5 per transaction

Transfer of Funds within same branch

by Instruction Transfer of Funds

to another branch by Instruction

RM5 per transaction

Transfer of Funds to another

Bank by Instruction

- By Way of Drawing Voucher /

Banker's Cheque Sent by Post

RM5 per Drawing Voucher / Bankers Cheque

and RM0.15 stamp duty on

Banker's Cheque

Transfer of Funds to another

Bank by Instruction - By RENTAS

RM5 per transaction

Interbank Funds Transfer

(For Penang & Johor Bahru Branches)

RM5 per transfer of funds within the same

clearing zone through BNM and cable

charges of RM3 or RM6 respectively,

if beneficiary banks are in West Malaysia or

East Malaysia, where applicable

Closing of Current Account

(within 3 months of its opening)

RM20 & a half-yearly service charge

on a prorate basis based on the number

of completed months the

account has been maintained

Closing of Current Account

(after 3 months of its opening)

RM10 & a half-yearly service charge on

a prorate basis based on the

number of completed months the

account has been maintained

Third Party Cheque Encashment

RM2 per cheque

Letter of Reference

RM30 per letter

Certification/Confirmation/Statement

Issued for EPF Member's Withdrawal

RM20 per certificate/confirmation/statement

Referral of Cheques

RM20 per cheque

DCHEQS Appeals

(Removal from DCHEQS Offenders Blacklist)

RM50 per appeal

DCHEQS Appeals

(Revoke of DCHEQS Incidents)

RM50 per account

Change of Signatories / Conditions

RM10 per account per occasion

Service charge for Inward Unpaid Items

(Unpaid Cheques Deposited)

RM5 per envelope

Dormant Account Activities Fee

RM10 annually after the date

of notice sent to account holder

Dishonoured cheque account appeals

RM50 per account

ATM card annual fee

RM8

Debit card annual fee

RM15

BizAlert Subscription fee

RM20 monthly per user per account

Eligible for PIDM protection. To view PIDM's brochure, click here.