Bank of China Fixed Deposit Account

Bank of China Fixed Deposit is a low-risk term deposit account that helps you safely and securely increase your savings.

Bank of China Fixed Deposit AccountSecure Saving
Min. Deposit
Daily Interest
Early Withdrawal

Fixed Deposit Calculator

Interest Rate

What you earn based on the amount that you have in your account

You DepositDeposit PeriodEffective Interest Rate
min. RM5,0001 month1.65% p.a.
min. RM1,0002 months1.65% p.a.
min. RM1,0003 to 5 months1.75% p.a.
min. RM1,0006 to 8 months1.8% p.a.
min. RM1,0009 to 11 months1.85% p.a.
min. RM1,00012 months1.9% p.a.

Fees & Charges

Lost of Fixed Deposit Certificate
  • RM5 Service Charge


Minimum Age
  • 18 years old
Who can apply
  • Any nationality
  • Malaysians
  • Permanent residents
  • Foreigners

More Information

Bank of China Fixed Deposit Promotion

Good news for all of you avid savers! Until 30 September 2021, Bank of China is launching a Safe & Save Deposit Promotion where you can enjoy even more attractive interest rates.

For 6-months tenure, enjoy interest rates up to 2.55% p.a., while you'll get up to 2.30% p.a. on a 12-months tenure. Plus, grab this chance to enjoy up to 2.10% p.a. on the 12-months CNY Fixed Deposit too. Terms and conditions apply.

For more details on this exciting promotion, click here.

What do I get from Bank of China Fixed Deposit account?

Like any other fixed deposit accounts, Bank of China offers a higher rate of return than conventional savings account. 

You can invest with BoC for up to 60 months, but bear in mind once you've put your money into this term deposit account you won't be able to withdraw funds at will. 

If you do close the account early you'll lose any interest that you might have earned. 

Best to make a real commitment to this kind of investment.

How do I open a Fixed Deposit with Bank of China?

If you're a Malaysian citizen aged 18 or over you just need to turn up at Bank of China with your MyKad and some money to invest. 

If you're a foreigner you will have to bring along your work permit or student pass together with a valid passport.

When will I receive my interest?

If you place your savings in this FD account for more than a year, you can get paid out on the interest every single month.

For accounts less than a year in tenure you'll have to wait until the term ends before you get your hands on the interest - like they say: patience is a virtue!

Does PIDM protect this Fixed Deposit Account?

Yes, PIDM protects your savings against loss in the event of the bank’s failure. 

PIDM's free and once you sign up for this FD your precious savings are automatically insured.