| Wadiah Current Account-i |
| Enjoy the benefits of cheque book facility, all governed by Shariah principles |
Eligibility
- All Malaysian citizen or permanent resident, 18 years and above.
- The initial deposit requirement for opening a Wadiah Current Account-i are:
| Account Type |
RM |
| Individuals |
Personal |
3,000.00 |
| Joint |
| Sole-proprietors |
3,000.00 |
| Partnerships, Clubs, Societies, Associations, Schools, Government, Private/Public Limited Companies |
5,000.00 |
|
Other Terms/Benefits
- Deposits received are invested in accordance to the Shariah principles and the depositors are not entitled to any share of the profits earned from the bank trading activities.
- Hibah (if any) is credited into the customer's account every month
- No minimum account balance
- Cheque book facility
- Monthly statement
- No service charge if the average account balance for the last 6 months is above RM3,000 (individual) or RM5,000 (non-individual)
- Under Shariah, the Bank is allowed to charge(AL-UJR) the following:
- administrative cost
- cost of book-keeping
- maintenance costs
- Accessibility to ATM and Public Bank/Public Islamic Bank branches throughout Malaysia
- Easy access to the account via PBeBank.com
- Standing Instruction facility.
Terms & Conditions Apply
This is an eligible deposit covered by PIDM.
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