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.