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. Enjoy attractive promo rates up to 2.45% p.a. valid until 31 May 2022.

Bank of China Fixed Deposit Account
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
  • RM10 Indemnity Stamp Duty
  • RM5 Service Charge


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

More Information

Fixed Deposit Promotion for Chinese New Year 2022

In conjunction with Chinese New Year 2022, catch an on-going FD promotion dedicated to existing and new Bank of China individual customers, including Wealth Management banking customers!

Starting 8 February 2022 until 31 May 2022, grab this chance to enjoy attractive promotional rates with BKOC Fixed Deposit. 

Check out the table below for the promo rates. And don’t fret! Your funds are protected by PIDM up to RM250,000. For more details, you can find it in the terms and conditions here.

Customer TypeTenurePromotional RateMinimum Placement AmountFund Type
Normal individual customer12 months2.25% p.a.RM20,000Fresh funds
Wealth Management Banking customer12 months2.40% p.a.RM20,000Fresh funds
Normal individual customer & Wealth Management Banking customer18 months2.45% p.a.RM20,000Fresh funds

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.

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