Bank of China Current Account

A current account with checking facility and the possibility of overdraft. Also comes with the flexibility of becoming a joint account.

Bank of China Current AccountOverdraft Available
Interest Rate
None
Service Charge
RM10
Min. Deposit
RM500
Account Statement
Available

Features

What would make it different?

Overdraft
Overdraft
Overdraft Prescribed Rate
BLR + 2.5
PIDM Protected
Up to RM250,000

Fees & Charges

Service Charge
RM10 every 6 months waived with monthly average balance of RM1,000
Early Closure Fee
RM20
Dishonoured Cheque Fee
RM150
Stop Payment Cheque Fee
RM10

Requirements

Minimum Age
  • 18 years old
Minimum Initial Deposit
RM500
Who can apply
  • Malaysians
  • Permanent Residents
  • Foreigners
Introducer
Required

More Information

What is Bank of China Current Account about?

Bank of China Current Account is a non-interest bearing current account which can be opened with a minimum deposit of RM1,000.

What can I get from Bank of China Current Account?

First of all, you get to experience writing a cheque via its checking facility. Then you can also request to arrange an overdraft facility, which also works similar to a personal loan.

Besides, you can open this current account with your spouse, children, any family members as joint account. Monthly statement is also provided so that you can keep track of all your finances.

Who can apply for this current account?

All individuals, whether you are a Malaysian citizen, permanent resident or foreigner aged 18 years old and above can open a Current Account with Bank of China.

All you need to bring upon account opening is a valid identification card and supporting documents. Non-Malaysians must produce a valid work permit or student pass and passport.

Is it safe to keep my money in this current account?

You can rest assured that your savings in this basic current account is protected for up to RM250,000 under the Perbadanan Insurans Deposit Malaysia.