Commodity Murabahah Current Account-i

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

Need flexibility and good returns on your Current account? Our Commodity Murabahah Current Account-i is there for you.

Features & Benefits
  • No service fee
  • Low initial deposit of RM1,000 for Individual) or RM3,000 for non-Individual)
  • No minimum balance to maintain
  • Attractive returns under simple tier rates which calculated daily and paid monthly.
  • Protected by PIDM up to RM250,000 for each depositor. 
  • A VISA enabled ATM Card accepted for retail purchase @ 35 million retail outlets worldwide.
  • Range of services available via Internet Banking
  • Convenient ATM access and all ATMs displaying VISA PLUS and/ or MEPS signs

Commodity Murabahah (via Tawarruq arrangement)

Fees & Charges

FEES TYPE DETAILS
Service Fee

NIL

Cheque Book Issuance RM0.15 per cheque leaf
Cheque Book courier charges RM5
Dormant Account (an advice is sent to customer advising customer to re-activate account)
 
a) With balances up to RM 10
Account will be closed and the balance absorbed by the Bank as fee income
b) With balances greater than RM 10
An annual service of RM 10.00 will be charged until the remaining account balances are transferred to Unclaimed Monies; at any stage if the balance is equal to RM 10 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

Request for Additional Statement:

  • Within a year
  • More than a year

 

  • RM10 per statement
  • RM20 per statement

Half Yearly Service Charge

  • applicable to individual and others (i.e. societies) if Average Balance for Half-Year is less than RM1,000; and
  • applicable to companies if Average Balance for Half-Year is less than RM10,000.
RM10

Cheque Returned Charges

  • Due to insufficient balance
  • Due to technical reasons

 

  • RM100 per cheque
  • RM10 per cheque
Request for Audit Confirmation RM50
Agent Fee Fee @ 0.01% p.a. 
(payable to Al Rajhi Nominee Tempatan)

e-Application Form

Terms and Conditions


Product Enquiry

Kindly provide us with your details and our Bank representative shall get in touch with you soon.

https://orig-www.alrajhibank.com.my/page/personal/deposit-accounts/commodity-murabahah-current-account-i

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