Why should I choose the Alliance Bank Current Account-i?
The Alliance Bank Current Account-i 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 takes 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?
Dormant accounts are subject to a service charge and subsequent closure under the following conditions:
- If the account balance is RM10.00 or less, the remaining funds will be absorbed as a service charge, and the account will be closed.
- If the account balance is more than RM10.00, a RM10.00 yearly service charge will be imposed until the balance is zeroed out and the account is closed, as mandated by the Unclaimed Money Act 1965.
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.
