Alliance Bank

Alliance Current Account

Have an easy start on the road to proper financial planning with the Alliance Current Account - all you need is RM500 to enjoy ATM services and cheque book facilities.

    • Account Statement
    • No Introducer Required

Features

What would make it different?

Overdraft
Overdraft Facility
Online Banking
allianceonline
PIDM Protected

Fees & Charges

There are always fees but how much are they?

Service Fee
  • RM10.60 every 6 months
  • Waived with monthly average balance of RM1000
  • MEPS Withdrawal Fee
    RM1.06
    Early Closure Fee
    RM21.20
    Dishonoured Cheque Fee
    RM100
    Stop Payment Cheque Fee
    RM15.90

    All fees & charges are inclusive of 6% GST if applicable

    Requirements

    Are you eligible for this account?

    Nationality
  • Malaysians
  • Minimum Age
    18 years old
    Minimum Initial Deposit
    RM500
    Minimum Balance
    RM1000

    Frequently Asked Questions about Alliance Current Account

    Things you might want to know

    Why should I choose the Alliance Current Account?

    The Alliance Bank Current Account is specially made for the prudent investor. If you want to ensure the growth of your wealth in a bank you can trust, then this account is what you need. It only take RM500 to open this account, and you will not need an introducer.

    How do I qualify to apply?

    This is a deposit product of bank so you will need to have a minimum deposit of RM500 for individual. The account is also open to corporations, partnerships, sole proprietors, societies, associations, clubs, government bodies, and trustees.

    What are the fees and charges I need to take care of?

    The half-yearly service charge is RM10, if your account balances fall below RM1,000. This rule also applies to commercial accounts, when the average monthly balance falls below RM1,000. However, with commercial accounts, the charge is RM20.

    If you plan to close the account, make sure it is over 6 months from the opening date, the service charge is RM20 otherwise. Ad hoc statement request will cost you RM1 per page.

    After you apply for the cheque book, do remember to collect it because uncollected cheque book at branch after 14 days will cost you RM10. Adding to that, you can request to courier the cheque book at RM5 per book for your convenience.

    Put in simply, if you want to save the handling fee, you can always drop by the branch for collection. Please take note that all the charges mentioned are not inclusive of 6% GST

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