What do I need to know about this savings account?
If this is your first time opening a savings account, you may consider this account as this is a simple account yet it will be ideal for all your daily banking and savings needs. This account will help in managing your finances at minimal cost.
Is this account easy to use?
Yes, the Asian Finance Bank understands convenience is important to all busy people like us and so, you have access to 24-hours electronic banking services for all your banking needs. In order to track your previous banking transactions, the passbook and statement will be issued to you. Of course, you can also track your finances via the ad-hoc statement that will be issued every 6 months.
What can I do with this account?
Apart saving money, you can also pay bills with your savings account! You can arrange your regular payment through standing instruction service with the bank. And so, due dates are no longer an issue.
Is this account easy to open?
Yes, it is an easy opening account indeed. As long as you are 18 years and above, you can treat this as your personal or individual account. This is not only an individual account, it is applicable to clubs, societies and associations too. Since this is an easy opening account, no introducer is required, but you will need an initial deposit of RM20 to open this account.
Are there any fees and charges I need to beware of?
Although there is no ATM card annual fee, in the case that you wish to enjoy convenience of debit card brings to you, you are required a fee of RM8 for either conversion or upgrade. For the card replacement, you need to pay RM12 for whatever reasons it is. The same applies to passbook replacement, you are required to pay a charge of RM20.