Hong Leong Basic Current Account

A fantastic choice for those looking to open their first current account, with a low minimum deposit of just RM500 and a cheque book.

Hong Leong Basic Current AccountLow Initial Deposit
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
HongLeong Connect
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
RM1
Cheque Book Issuance Fee
RM7.50
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
Introducer
Required

More Information

What is the Hong Leong Basic Current Account? 

The Hong Leong basic current account is a non interest bearing current account offering cheque book facility. In addition to the use of cheque book facility, account holders can also benefit from the convenience of internet bank via Hong Leong Connect and phone banking via Hong Leong bank's hotline @ 1800-38-8888. Account holders can conduct transactions such as interbank transfer, account balance verification and bill payment via these services. 

What are the terms and conditions associated with this Current Account?

  1. Applicants may be either Malaysian citizens, permanent residents or foreigners who have valid documentation and are at least 18 years of age.
  2. This account is not just for individuals but also for societies, sole proprietors, partnerships, associations and clubs. 
  3. The account can be held under a single name or two names as a joint account
  4. A minimum deposit of RM500 is required 
  5. An introducer is required to open this account 

What are the fees and charges associated with this Current Account?

There is a half yearly charge of RM10 if the half yearly account balance falls below RM1,000. Early closure of the account within 3 months will result in a penalty of RM20.