Standard Chartered

Standard Chartered Basic Current Account

Manage your finances with the basic current account that gives you cheque writing services, internationally accepted ATM card, and consolidated account statements.

    • eStatement (via email)
    • No Introducer Required

Features

What would make it different?

Online Banking
Standard Chartered Online Banking
Mobile App
PIDM Protected

Fees & Charges

There are always fees but how much are they?

Service Fee
  • RM10.60 every 6 months
  • Waived with monthly average balance of RM1000
  • MEPS Withdrawal Fee
    RM4.24
    HOUSe Withdrawal Fee
    RM1.06
    Overseas Withdrawal Fee
    RM12.72
    Early Closure Fee
    RM21.20
    Dishonoured Cheque Fee
    RM159
    Stop Payment Cheque Fee
    RM21.20

    All fees & charges are inclusive of 6% GST if applicable

    Requirements

    Are you eligible for this account?

    Minimum Age
    18 years old
    Minimum Initial Deposit
    RM500

    Frequently Asked Questions about Standard Chartered Basic Current Account

    Things you might want to know

    What is Standard Chartered Basic Current Account about?

    The Basic Current Account from Standard Chartered is a straightforward deposit account with checking facility. Standard Chartered offers the convenience of its online banking system where you can view, manage, transfer, and make payments online easily.  

    A simple option would be to install their phone banking app called Breeze Mobile on your Andriod or iPhone. With online banking coupled along with a mobile app, you can basically manage your banking needs anywhere.

    There is no interest or overdraft tied to this account.

    How do I apply for this account?

    An introducer is not needed, hence all you really need to bring is your Identification Card and a minimum deposit of RM500.

    What benefits can I get from this Basic Current Account?

    • Free monthly statements
    • eStatement option available
    • Free ATM card

    What are the drawbacks?

    • The bank will charge you RM10 every half-yearly if your average balance is below RM1,000 - make sure you make more deposit than withdrawal.
    • Be careful when making payments using cheques as the bank charges RM159 if your cheque bounces due to insufficient funds in your account. In addition to that, you might get blacklisted by Bank Negara Malaysia.

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