OCBC

OCBC Al-Amin Wafi Current Account-i

An easy to open current account with no introducer required and a low minimum deposit of only RM50 - everyone deserves to have their cash stored safely!

    • Islamic account
    • Phone Banking Service
    • Account Statement
    • No Introducer Required
  • Min. AmountMax. AmountProfit Rate
    RM5000RM250000.2% p.a.
    RM25001RM500000.4% p.a.
    RM50001RM1000000.5% p.a.
    RM100001no maximum0.75% p.a.

Features

What would make it different?

Online Banking
OCBC Internet Banking
Mobile App
PIDM Protected

Fees & Charges

There are always fees but how much are they?

Service Fee
  • RM5.30
  • Waived with monthly average balance of RM100
  • Early Closure Fee
    RM21.20
    Dishonoured Cheque Fee
    RM150
    Stop Payment Cheque Fee
    RM21.20

    *inclusive of 6% GST

    Requirements

    Are you eligible for this account?

    Nationality
  • Malaysians
  • Minimum Age
    18 years old
    Minimum Initial Deposit
    RM50

    Frequently Asked Questions about OCBC Al-Amin Wafi Current Account-i

    Things you might want to know

    What are some of the features of the Wafi Current Account-i?

    Wafi Current Account-i holders can benefit from over 10,000 ATMs in Malaysia. Outside Malaysia, cardholders can use any VISA Plus ATM to make withdrawals for a small fee. Additionally, account holders can skip the wait with cash deposit and cheque deposit machines at all OCBC branches. 

    Account users can also use the phone banking services for any inquires with help from friendly customer service representatives.

    Do I need to be a Malaysian Citizen to open a Wafi Current Account-i?

    Not necessarily. Permanent residents and foreigners who are at least 18 years of age can open an account as well. Foreigners have a higher minimum initial deposit amount of RM1000. Malaysian citizens and permanent residents only have to pay RM50.

    Do I need an introducer to open a Wafi Current Account-i?

    Yes, an introducer is required. The introducer should be either an individual or corporate entity who is an existing account holder with a minimum period of at least 1 year.

    Are Wafi Current Account-i holders provided with internet banking services?

    Yes, internet banking is provided for Wafi Current Account-i holders. Account holders can access their account information 24 hours a day at home or in the office. In addition, account holders can also pay bills to selected merchants or conduct interbank transfers.

    Are cheque book facilities provided to Wafi Current Account-i holders?

    A cheque book is issued free of charge when you open a Wafi Current Account-I. Account holders can pay bills and retail purchases with ease with the cheque book.

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