Bank of China

Bank of China Basic Savings Account

All Malaysians and permanent residents are welcomed to apply! Receive high interest earnings the more you deposit with this multi-tiered savings account.

    • Free Passbook
  • Min. AmountMax. AmountInterest Rate
    RM20RM500000.25% p.a.
    RM50001RM2000000.35% p.a.
    RM200001RM5000000.5% p.a.
    RM500001RM10000000.75% p.a.
    RM1000001no maximum1% p.a.


What would make it different?

PIDM Protected

Fees & Charges

There are always fees but how much are they?

Inactive Account Fee
Early Closure Fee


Are you eligible for this account?

Minimum Age
18 years old
Minimum Initial Deposit
Minimum Balance

Frequently Asked Questions about Bank of China Basic Savings Account

Things you might want to know

What do I need to know about the basic savings account from Bank of China?

Despite this is a basic savings account from the Bank of China, the account holders are entitled to enjoy the interest for all the account balances. Yet, this is a basic account, the facilities such as Internet banking and ATM are not available for the account holders. However, the passbook will be issued by the bank to the account holders.

What are the requirements that I need to fulfill in order to open this account?

All Malaysians and permanent residents aged 18 and above are eligible to open this account. In addition, this is an individual account that can be opened singly or jointly. And, you are required an initial deposit of RM20 to open this account with the minimum account balance of RM20. The reason to maintain RM20 in your account is to avoid account closure.

Is there any fees or charges I need to pay?

Yes, the passbook replacement costs you RM20 per replacement.

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