Knowledge Base Issues
Under what circumstances can a current account be closed?
An account can be closed under the following circumstances: On accountholder's request Accountholder must provide a written request and return any unused cheque leaves for cancellation On...
What types of current account are available in Malaysia?
As an individual, you can open the following current accounts: Personal current account under your name; or Joint current account which is operated by you jointly with others, e.g. Any one of the...
Safety Measures: What are the do's and don'ts of using cheques?
Do's Write clearly and legibly and always use permanent ink pens such as a ball pen Ensure no alteration/amendment/erasure on the face of the cheque as banks will reject such cheques Begin writing...
How do I close my current account?
Give a written instruction to the bank to close the account and return all unused cheque leaves to the bank for cancellation. In addition, if you have issued any cheque which has not been cleared,...
What is a current account?
A current account is a form of deposit account that allows, among others, payment by way of cheques 1. This Knowledge Base category highlights the basic requirements relating to the operation and...