Citibank Basic Checking Account

A standard checking account which allows for complimentary instant online fund transfer worldwide and comes along with it's own personalised Citibank cheque book.

Citibank Basic Checking AccountWorldwide Access
Interest Rate
None
Service Charge
RM10
Min. Deposit
RM500
Phone Banking
Available
Account Statement
eStatement (via email)
Cheque Book
Free

Features

What would make it different?

Online Banking
Citibank Online
Mobile App
PIDM Protected
Up to RM250,000

Fees & Charges

Service Charge
RM10 undefined waived with monthly average balance of RM1,000
Cheque Book Issuance Fee
RM7.50
Early Closure Fee
RM10
Dishonoured Cheque Fee
RM100
Stop Payment Cheque Fee
RM10

Requirements

Minimum Age
  • 18 years old
Minimum Initial Deposit
RM500
Who can apply
  • Malaysians

More Information

What do I need to know about the Citibank Basic Checking Account?

FIrst of all, you should know that this is a non-interest bearing current account, that means your deposits won't earn you any interest profits. You will be issued a debit card/ATM card upon opening a new account.

You will have the convenience to access more than 200,000 Citibank ATMs worldwide. Should you find yourself in a spot of bother, such as losing all your cash while abroad, you can withdraw up to USD10,000 of emergency cash at any Citibank branch worldwide.

You will also have access to 24-hour phone banking services for all your banking inquiries - the ATM swallowed your card? Call Citibank! Last but not least, you will be given a chequebook to make easy payments.

How about Online Banking?

A bank in this day and age has no reason not to provide their customers with online banking services! With the Citibank Basic Checking Account, you will be able to log into Citibank Online, allowing you to view your account details and make interbank fund transfers.

Additionally, you can contact customer service online via e-Chat. In addition, you are able to get view your monthly e-statement. Save the planet!

How can I qualify to apply for this checking account?

Individuals aged 18 and over are eligible to open a new Citibank Basic Checking Account with an initial minimum deposit of RM500.

Is there any introducer required?

No, you don’t require an introducer for new account opening.

What are the costs I need to pay for this current account?

There are a few fees and charges that you need to look out for, such as:

  • A cheque book for RM7.50.
  • RM10 debited from your account if average monthly account balance is below RM1,000.
  • ATM annual fee is RM8.
  • Other banks MEPS withdrawal costs you RM4 each withdrawal.