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Announcement


Notice: Imposition of Deposit Capping and No Auto-Renewal for New Placement of Fixed Deposit (FD)

We wish to inform that the following capping on FD will be effective on 1 November 2019 for new FD placement only.

 
FD Tenure FD Placement/ Renewal Capping per Customer Rate Applied (per annum)
12 months Up to RM50,000 As per the prevailing rate
Exceed RM50,000 Placement only for one (1) to eleven (11) months FD at prevailing rate
13 to 60 months Up to RM50,000 Negotiable
Exceed RM50,000 Placement only for one (1) to eleven (11) months FD at prevailing rate
There will be no auto-renewal for FD on the same tenure in the next renewal.
 
 









The Generic Terms and Conditions Applicable for All Deposit Accounts/Products/Services shall also be revised as per the above and will take effect on 1 November 2019.

For further information, please visit your nearest AFFINBANK branches or call us at 03-8230 2222.

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03-5522 3000

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