HSBC Basic Current Account

Enjoy 8 complimentary ATM transactions per month, make payments via cheque and debit card, full access to Internet Banking facilities and emergency encashment abroad up to US$500.

HSBC Basic Current AccountFree ATM withdrawals
Interest Rate
None
Service Charge
RM10
Min. Deposit
RM500
Phone Banking
Available
Account Statement
Available
Cheque Book
Free

Features

What would make it different?

Online Banking
[email protected]
Mobile App
PIDM Protected
Up to RM250,000

Fees & Charges

Service Charge
RM10 every 6 months waived with monthly average balance of RM1,000
MEPS Withdrawal Fee
RM4
HOUSe Withdrawal Fee
RM1
Overseas Withdrawal Fee
RM12
Cheque Book Issuance Fee
RM7.50
Early Closure Fee
RM20
Dishonoured Cheque Fee
RM100
Stop Payment Cheque Fee
RM20

Requirements

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

More Information

What are some of the special features of the HSBC Basic Current Account?

The HSBC Basic Current Account is a no frills current account offering multitude of benefits. You can check account balance and activity with both paper statements and e-statements, which can be viewed at any time via [email protected]

In addition, you will be issued a debit card where you can use to withdraw funds for free at any HSBC ATM or for a charge of RM1 at any other participating bank’s ATM in addition to using the debit card for purchases at any retail outlets.

What are the services offered by HSBC Basic Current Account’s internet banking service?

[email protected] allows current account holders to access their accounts 24/7 from the comfort of home, eliminating the hassle of long queues at branches.

With HSBC personal internet banking, you can conduct online transfers and pay bills, with the added security device measures by HSBC, customers can bank with ease knowing that their money is in safe hands.

What are the services offered by HSBC Basic Current Account’s phone banking service?

HSBC basic current account holders can benefit from SMS alerts whenever any transaction is conducted via their debit card at any participating retail outlets. 

The SMS alert service helps you keep tab of transactions and prevent fraudulent transactions. In addition, you can check your account balance and activity with HSBC phone banking service.

Are cheque books issued with the HSBC Basic Current Account?

Cheque books are issued at a cost of RM0.15 per cheque leaf with additional courier charges of RM5.

What do I need to set up a HSBC Basic Current Account?

The account holder should be at least 18 years of age and be a Malaysian citizen, permanent resident or foreigner with valid work/student permit. In addition, an initial deposit of RM500 is required when opening the account. An introducer is not required to set up the account.