Current Account-i

Protected by PIDM up to RM250,000 for each depositor
Current Account-<i>i</i>


Designed to solve the growing needs of business professionals, our current account helps you manage your day-to-day banking via mobile or the Internet. Keep check of your finances with an up-to-date monthly account statement. Receive a cheque book for your various business transactions. Enjoy all the conveniences of a reliable checking account with only a RM500 initial deposit.


Denominations offered: USD, AUD, GBP, EUR, SGD, HKD, IDR, SAR, AED, PHP, BDT, CNY

Features & Benefits
  • Initial deposit of
    • RM500 or
    • USD5,000 or its equivalent
  • Available in MYR & selected foreign currencies
  • An Al Rajhi Bank cheque book
  • Phone and Internet banking facilities to easily manage fund transfers and balance enquiries
  • Monthly statement
  • In compliance with Al Rajhi Bank (Malaysia) Shariah standard
  • SMS Alerts
  • Open to companies
  • Minimum initial deposit of RM500
  • For Private Limited Companies:
    - Certified copy of the Certificate of Incorporation (Form 49)
    - Certified copy of the Return of Allotment of Shares (Form 24)
    - Certified copy of Memorandum and Articles of Association
    - Certified copy of a Resolution to open the account
    - Certified copy of a Board Resolution regulating conduct of the account
    - Certificate by the Registrar of Company
    - Certified copy of the Certificate of Registration
    - Identity documents of all directors and signatories

Rates & Charges

Minimum Amount to Open Account RM500.00
Service Fee NIL
Cheque Book Issuance
Stamp Duty RM0.15 per cheque leaf
Stop Payment Of Cheque Issued
Instruction to stop payment RM15.00 per instruction
Cheque Returned Charges
Due to Insufficient Balance RM 100.00 per cheque
Due to Technical Reasons RM 10.00 per cheque
Request for Audit Confirmation RM20.00
Request For Account Statement
Within 1 Year (per statement) RM10.00
More Than 1 Year (per statement) RM20.00
Dormant Account (an advice is sent to customer advising customer to re-activate account)
a) With balances up to RM10 Account will be closed and the balance absorbed by the Bank as fee income
b) With balances greater than RM10 An annual service of RM10 will be charged until the remaining account balances are transferred to Unclaimed Monies; at any stage if the balance is equal to RM10 or less, the account will be closed and the outstanding amount will be absorbed by the Bank as fee income.
c) Activation of dormant account Waived


General Terms and Conditions (ENG)     General Terms and Conditions (BM)

Specific Terms and Conditions (ENG)    Specific Terms and Conditions (BM)

Product Enquiry

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