Bank Notices | OCBC Malaysia

18 November 2024

4 October 2024

30 September 2024

26 September 2024

25 September 2024

11 September 2024

  • Important changes on cheque fees

    In line with the announcement by the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) on 28 July 2023, Singapore banks will cease all corporate cheques by the end of 2025, while clearing cheques for individual users will continue for a period beyond 2025.

    In the interim, a cheque clearing fee (agent bank fee) will be introduced for all SGD and USD denominated cheques credited from 01 October 2024, which will be cleared by a Singapore agent bank. The applicable agent bank fee will be deducted from the proceeds prior to crediting.

  • Revision of Deposit of Foreign Currency Cheque in Fee and Charges document, effective 1 October 2024

18 August 2024

6 August 2024

27 July 2024

22 July 2024

  • Sistem Amaran Awal Kehilangan Kanak-kanak Nur Alert - PENAMA ALBERTINE LEO JIA HUI

    Please join us in the search for 5-year-old Albertine Leo Jia Hui who went missing in Taman Botani, Iskandar Puteri, Johor recently. Details are per link here

28 June 2024

  • Revision on interest / profit rates for Fixed Deposit/-i, Time Deposit-i, and Multi Currency Term Deposit (MCTD), Effective 1 July 2024

27 May 2024

21 May 2024

  • There is a temporary change in our USD cheque processing

    Due to a change in the USD cheque clearing process at our US agent bank, we are currently unable to process USD cheques with a value exceeding USD 200, from 23 May 2024 until further notice.

    USD cheques valued at USD 200 and below will not be affected.

    Please plan your transactions to accommodate this temporary halt. We apologize for any inconvenience caused.

3 May 2024

22 April 2024

  • Change in our Singapore Dollar Cheque Processing Time

    In 2019, OCBC implemented a streamlined process that allowed for the clearance of Singapore Dollar cheques within one day, instead of the previous five-day period.

    However, in line with the Monetary Authority of Singapore's decision to eliminate the usage of cheques by 2025, we will be reverting to the usual five good business days clearing for Singapore Dollar cheques, effective from June 1, 2024.

    Please plan your transactions accordingly to accommodate this change in the processing time.

5 February 2024

  • New OCBC Flex Account will not be offered anymore effective 5 Feb 2024

    Effective 5 Feb 2024, new OCBC Flex Account will not be offered anymore. For existing OCBC Flex Account holders, be assured that there will be no impact to your account and you may continue to operate the account as usual until further notice.

29 December 2023

  • OCBC Bank Malaysia designated SMS short codes
    Please note that OCBC will only use the following SMS short codes numbers when communicating via SMS: 62662, 63235, 62282, 62888 and 63630.

27 October 2023

  • Keep your browser updated for a more secure online banking experience.

    Dear customers, as part of our ongoing efforts to improve your online banking security, we highly encourage you to update your web browser to the latest version. Please note that using an outdated web browser to access the OCBC website could result in restricted access. Here are some reasons why it is important to keep your browsers updated:

    1. Security
      Ensures the security of your online banking experience and safeguard you against potential cyber threats.
    2. Compatibility
      Ensures the website interfaces are displayed accurately and improves the user experience with OCBC Internet Banking.
    3. Performance
      Improves browser performances and ensures a smoother active session on OCBC Internet Banking.
    4. New Features
      Comes with new extensions and features that helps to improve your overall experience with OCBC Internet Banking.
    5. Bug Fixes
      Ensures a timely “bug fix” to prevent potential breakdowns that will impact your overall experience with OCBC Internet Banking. We recommend that you update your web browser to the latest versions as shown below:
    Browser Type Version
    Google Chrome Version 51 and above
    Microsoft Edge Version 15 and above
    Firefox Version 54 and above
    Safari Version 10 and above

    For more online banking safety tips, please click here.

27 September 2023

  • Revision on interest / profit rates for Fixed Deposit/-i, Time Deposit/-i, and Multi Currency Term Deposit (MCTD), Effective 1 October 2023

21 September 2023

28 June 2023

09 May 2023

  • Revision on interest / profit rates for FD/-i, Multi Currency Term Deposit, Current & Savings Account/-i following OPR Hike on 3 May 2023

08 May 2023

27 April 2023

  • OCBC 90th Anniversary Campaign - Winners to be announced soon

    Thank you for your support and participation. We will be calling to notify the selected winners starting from 3 May 2023 onwards. Prizes will be delivered by 15 May 2023.

27 March 2023

10 March 2023

08 March 2023

  • Calling all loan/financing customers affected by the recent floods

    If you or your company has been adversely affected by the recent floods, please call us to discuss potential relief or restructuring measures for your existing loans or financing schemes: Individuals - +603-8317 5011; SMEs/microenterprises - +603-8317 5200; Corporate and commercial banking customers: call your Relationship Manager. The lines are open Monday to Friday, 9am to 6pm.

20 February 2023

17 February 2023

04 February 2023

  • Message from email address jc.p**n19*8@gmail.com alleging personal moral misconduct on the part of two OCBC Malaysia staff

    It has come to our attention that an email recently started circulating alleging personal moral misconduct on the part of two OCBC Malaysia staff. This is to confirm that the purported sender has categorically denied that his identity should be associated with the email and that it is thus fraudulent, defamatory and an attempted impersonation. All parties involved have since made police reports and instituted legal proceedings against whoever the perpetrator of the email might be. OCBC Malaysia continues to work closely on the matter with the relevant parties to ensure the Bank's reputation for maintaining the highest standards of conduct is always recognised, maintained and protected.

21 December 2022

01 December 2022

  • Flex x DuitNow Campaign Winner Announcement

    Thank you for your participation and congratulations to the lucky winners of Flex x DuitNow Campaign. The campaign winners will receive emails, SMS and/or calls from the Bank to notify them of their winning. Stay Tuned!

    For more information, please refer to:

    Flex x DuitNow Campaign Page 

    Flex x DuitNow Campaign Winner List 

28 November 2022

  • Revision on the minimum balance to be maintained in OCBC 360 Account/-i, and discontinuation of cash awards for OCBC Young Savers Account and OCBC Imad Young Account-i effective 30 December 2022

08 November 2022

04 November 2022

02 November 2022

  • Beware of documents by "Plantations International" using the OCBC Bank logo

    We recently discovered documents being circulated by one "Plantations International" claiming an association with OCBC Bank and several others in relation to Organic Musang King Durian plantation ownership opportunities in Malaysia. We would like to highlight that OCBC Bank does not have any association with "Plantations International" or United Tropical Fruits Sdn Bhd and that our logo has been used in the documents without our consent. Please call us at 03-8317 5000 if you have any questions. The public is advised to be vigilant to verify with the regulatory authorities (such as the Companies Commission of Malaysia) on any investment schemes (including schemes that are registrable/regulated under the Interest Schemes Act 2016).

13 September 2022

09 September 2022

12 July 2022

07 July 2022

06 July 2022

  • We have revised the Product Information Sheet for OCBC SmartSavers Junior Account , OCBC SmartSavers Plan-i, OCBC Young Savers Account and OCBC Imad Young Savings Account-i

    This revised Product Information Sheet will take effect on 27 July 2022.

    Please refer to this document for more details 

28 June 2022

  • Revision of the Terms and Conditions for Q3'22 CASA Top Up Promotion

    The Bank has revised the Terms and Conditions for Q3'22 CASA Top Up Promotion to provide clarity on Clause 5(e).

    This revised Terms and Conditions will take effect 1 July 2022.

    Please refer to this document for more details 

10 June 2022

07 June 2022

  • SMS to notify Shortlisted Customers of the JomPAY and Win Campaign

    The Bank will be sending SMS from 7 June 2022 to 8 June 2022 to the shortlisted customers of the JomPAY and Win Campaign ('JomPAY Campaign'). Customers who received the SMS are required to reply the SMS with the correct answer by 12 June 2022 to stand a chance to win the Campaign Prizes. Terms and conditions apply.

    For more information, please refer to:

    JomPAY and Win Campaign Page 

    FAQ for Winner Selection SMS Blast 

01 June 2022

  • SMS to notify Shortlisted Customers of the #SoEasy Chinese New Year Campaign

    The Bank will be sending SMS on 1 June 2022 and 2 June 2022 to the shortlisted customers of the #SoEasy Chinese New Year Campaign ('CNY Campaign'). Customers who received the SMS are required to reply the SMS with the correct answer by 5 June 2022 to stand a chance to win the Campaign Prizes. Terms and conditions apply.

    For more information, please refer to:

    #SoEasy Chinese New Year Campaign Page 

    FAQ for Winner Selection SMS Blast 

17 May 2022

10 January 2022

  • OCBC FRANK Account will be known as OCBC Flex Account starting 1 February 2022
    • Starting 1 February 2022, the OCBC FRANK Account will be known as OCBC Flex Account.
    • The features, terms & conditions and fees & charges of the Flex account remains the same as the OCBC FRANK Account.
    • If you are holding the FRANK Debit Card, you can continue using the card until its expiry date.

    Please refer to this document for more details 

30 December 2021

  • We have updated our Accounts and Services - Main Terms and Conditions for OCBC Al-Amin

    In the following section:

    • Part2B Section 3.3 (b) All terms and conditions stated in Clause [2.3] Tawarruq Fixed Deposit-i/Time Deposit-i shall apply to FCTD-i except that the Customer's rebate (ibra') on the Bank's Purchase Price shall be equivalent to the Profit.
    • This updated Terms and Conditions will take effect starting 20 January 2022.

    Please refer to this document for more details 

15 December 2021

  • Reinstatement of RM1 interbank cash withdrawal fee from 1 February 2022 onwards

    Effective 1 February 2022, there will be a RM1 fee charged to cardholders for each cash withdrawal at an ATM of another bank. OCBC cardholders can continue to perform cash withdrawal transactions at OCBC's ATMs for free.

14 December 2021

  • Revision of the Accounts and Services - Main Terms and Conditions for OCBC and OCBC Al-Amin

    The Bank has revised the Main Terms and Conditions for OCBC and OCBC Al-Amin.

    This revised Accounts and Services - Main Terms and Conditions will take effect on 5 January 2022.

    Please refer to this document for more details 

30 November 2021

  • Revision of the Internet Banking Terms and Conditions

    The Bank has revised the Terms and Conditions for Internet Banking, The term Internet Banking Services Terms and Condition has been revised to Online Banking Services Terms and Condition.

    This revised Terms and Conditions will take effect on 21 December 2021.

    Please refer to this document for more details 

15 November 2021

  • Joint press release by The Association of Banks in Malaysia (ABM), Association of Islamic Banking and Financial Institutions Malaysia (AIBIM), Association of Development Finance Institutions of Malaysia (ADFIM) and Agensi Kaunseling dan Pengurusan Kredit (AKPK).

    Applications for URUS Now Open for Eligible B50 Customers.

    The Association of Banks in Malaysia (ABM), Association of Islamic Banking and Financial Institutions Malaysia (AIBIM), Association of Development Finance Institutions of Malaysia (ADFIM) and Agensi Kaunseling dan Pengurusan Kredit (AKPK) are pleased to announce that applications for the Financial Management and Resilience Programme (Program Pengurusan dan Ketahanan Kewangan, URUS) for eligible B50 individual customers are now open and will remain open until 31 January 2022.

    Please refer to this document for more details 

  • FAQs on PROGRAM PENGURUSAN DAN KETAHANAN KEWANGAN (URUS) (Financial Management and Resilience Programme) as at 15 November 2021.

    For more information, please refer to:

    FAQs on URUS (EN) 

    FAQs on URUS (BM) 

14 October 2021

  • Revision of Terms and Conditions for OCBC Booster/-i and OCBC Premier Booster/-i accounts

    The Bank has revised the Terms and Conditions for the OCBC Booster, OCBC Booster-i, OCBC Premier Booster and OCBC Premier Booster-i accounts in line with our efforts to promote clarity and make it easier to understand key Terms and Conditions of the accounts.

    This revised Terms and Conditions will take effect on 04 November 2021.

    Please refer to deposits website for the revised Terms and Conditions

30 August 2021

  • Revision of Product Information Sheet for Easi-Save Account, Aqil Savings Account-i, Young Savers Account & Imad Young Savings Account-i

    This revised Product Information Sheet will take effect on 21 September 2021.

    Please refer to this document for more details 

10 June 2021

19 April 2021

15 April 2021

29 March 2021

  • Revision of OCBC Al-Amin Accounts & Services – Main Terms and Conditions, Product Information Sheet for Fixed Deposit-i, Mi Fixed Deposit-i & Time Deposit-i

    The Bank has revised its OCBC Al-Amin Accounts & Services - Main Terms and Conditions, Product Information Sheet for Fixed Deposit-i, Mi Fixed Deposit-i and Time Deposit-i effective from 29 March 2021.

    Please refer to this document for more details 

22 March 2021

  • Extension of Trust Account Declaration submission deadline to 31 May 2021

    Every year, PIDM, under Malaysia Deposit Insurance Corporation (Disclosure Requirements for Trust & Joint Accounts) Regulations 2012, requires depositors to submit the annual disclosure of their trust account and beneficiary information by 31 March.

    As part of the operational relief measures to weather the COVID-19 outbreak, PIDM has granted an extension for depositors acting as trustees to make their submission by 31 May 2021 instead of 31 March 2021.

15 March 2021

10 March 2021

  • Go green, go paperless

    Please note that we will stop sending placement advices for Fixed Deposit-i and Time Deposit-i effective 1 April 2021 as part of our efforts to save our environment.

    You may refer to your Fixed Deposit-i or Time Deposit-i receipt, monthly account statements or e-Statements and access OCBC Online Banking or Mobile Banking for details of your Fixed Deposit-i and Time Deposit-i placements.

    To gain access to OCBC Online Banking, please sign up at www.ocbc.com.my/register.

11 February 2021

  • Revision of OCBC 360 Account/-i Terms and Conditions

    The Bank has revised the Terms and Conditions (T&C) for the OCBC 360 Account/-i.

    This revised Terms and Conditions will take effect on 3 March 2021.

    Please refer to this document for more details 

21 January 2021

28 December 2020

18 December 2020

04 December 2020

01 December 2020

30 November 2020

27 November 2020

11 November 2020

10 November 2020

  • Revision on terms and conditions govern OCBC Bank (Malaysia) Berhad's depository and current accounts and the services specified hereunder.

    These terms and conditions will take effect from 6 November 2020.

    For existing customers, these terms and conditions will take effect from 1 December 2020.

    Please refer to this document for more details 

09 November 2020

23 October 2020

  • Go green, Go paperless – paper advices for Fixed Deposit/Time Deposit placements will be discontinued w.e.f. 15 November 2020 as part of our efforts to save our environment.
    • Please refer to your monthly account statements/electronic statements, Internet Banking and Mobile Banking for details of your Fixed Deposit/Time Deposit placements.
    • Need help to sign up for Internet Banking and Mobile Banking?
    • Please go to Help & Support: Online and Mobile Banking or call our Customer Service at +603 83175000.

21 October 2020

27 August 2020

  • OCBC nuon Account and OCBC nuon Debit Card will be known as OCBC FRANK Account and OCBC FRANK Debit Card effective 16 September 2020

    Starting 16 September 2020, the OCBC nuon Account and OCBC nuon Debit Card will be known as OCBC FRANK Account and OCBC FRANK Debit Card.

    The features, terms & conditions, and fees & charges of the FRANK account and FRANK Debit Card, remains the same as the OCBC nuon Account and OCBC nuon Debit Card respectively.

    Please refer to this document for more details 

18 August 2020

  • Subscribe to Sukuk Prihatin and enjoy profit rate of 2.00% p.a at maturity

    Sukuk Prihatin is a Shariah compliant product issued by the Government of Malaysia and it offers a profit rate of 2.00% p.a at maturity*. Sukuk Prihatin is available for subscription to all Malaysian Individuals and Corporates/Institutions. Proceeds from the Sukuk Prihatin will be channelled to the Kumpulan Wang COVID-19 to finance measures announced in the economic stimulus packages and recovery plan to address the COVID-19 crisis.

    For more information, please refer to:

    Terms and Conditions (EN) 

    Terms and Condition (BM) 

    Sukuk Prihatin Knowledge Pack (EN) 

    Pek Maklumat Sukuk Prihatin (BM) 

    For more information on PENJANA initiatives and Sukuk Prihatin, please refer to:

    PENJANA official website 

24 July 2020

13 July 2020

09 July 2020

29 June 2020

  • Revised Premier Save Account / Premier Save Account-I interest / profit rate structure effective 20 July 2020

    Interest/profit rate for account balances above RM200k on Premier Save Account/Premier Save Account-i will be changed from a 1M KLIBOR fixing minus an adjustment rate to an independent interest/profit rate.

    For more information:

    Please refer to this document for more details 

18 June 2020

13 May 2020

08 May 2020

30 April 2020

  • Revision on interest rates / profit rates for Foreign Currency Call Account/-i for NZD and AUD effective 22 May 2020

    For more information, please refer to:

    FCY Call account 

    FCY Call account-i 

31 March 2020

  • Extension of Trust Account Declaration to 31 May 2020

    Every year, PIDM, under Malaysia Deposit Insurance Corporation (Disclosure Requirements for Trust & Joint Accounts) Regulations 2012, requires depositors to submit the annual disclosure of their trust account and beneficiary information by 31 March.

    In view of the current Movement Control Order, PIDM has granted an extension for depositors acting as trustees to make their submission by 31 May 2020 instead of 31 March 2020.

  • Delayed Printing of Statements & Delivery of Credit Cards

    The Movement Control Order has affected the printing of statements and the delivery of credit cards. To view your statements and to enjoy the convenience of banking in the comfort of your own home, we highly recommend you register for our Internet Banking services AND subscribe for e-Statements.

    • It is Secure, because it is password protected.
    • It is Fast, you won't be affected by any postal service delay.
    • It is Simple, just retrieve it from Internet Banking, Mobile Banking or email!

    If you are a first-time internet banking user, please refer to this document for more details to register for our internet banking service.

    For existing internet banking customers, please refer to this document for more details to log in and subscribe to e-Statement under "Your accounts"€ followed by "Manage e-Statements".

    You may also view the steps through our FAQ by referring to this document and look for "Apply for e-Statement and email e-Statement."

    Alternatively, do call our Customer Service Hotline at 03-83175000 to register & receive e-Statement emails.

    Please Stay Safe, Stay Home!

16 March 2020

  • Revision of OCBC 360 Account/-i Terms and Conditions and Product Information Sheet

    The Bank has revised the Terms and Conditions (T&C) as well as the Product Information Sheet (PIS) for the OCBC 360 Account/-i. This revised Terms and Conditions and Product Information Sheet will take effect on 6 April 2020.

    Please refer to this document for more details 

09 March 2020

05 March 2020

29 January 2020

  • Savings account & fixed deposit rate revision

    In line with the Overnight Policy Rate cut, we have revised our Savings Account & Fixed Deposit rates accordingly.

    Type of Savings Account Tier/Category Current Rate (p.a.) New Rate (p.a.) effective 29 Jan 2020
    Premier Account Up to RM50,000 0.00% 0.00%
    Up to Rm200,000 0.25% 0.10%
    Up to RM3 mil 0.40% 0.25%
    RM3 mil and above 0.60% 0.45%

    There will be no changes to the 1.20% a year. Wealth Bonus for Booster Account/ Booster Account-i/ Premier Booster Account/ Premier Booster Account-i.

    Type of Saving Accounts Tier/Category Current Rate (p.a.) New Rate (p.a.) effective 29 Jan 2020
    Premier Save Account / Premier Save Account-i Below RM200,000 0.50% 0.25%
    RM200,000 and above 1M KLIBOR - adjustment rate (refer eRate) 1M KLIBOR - adjustment rate (refer eRate)
    Booster Account / Booster Account-i Below RM30,000 0.25% 0.10%
    RM30,000 and above 3.00% 2.70%
    Premier Booster Account / Premier Booster Account-i Below 200,000 0.50% 0.25%
    RM200,000 - < RM3 mil 3.10% 2.85%
    RM3 mil - < RM10 mil 3.30% 3.00%
    RM10 mil and above 3.80% 3.40%
    360 Account / 360 Account-i Base Rate 0.20% 0.15%
    Deposit Bonus 1.30% 1.15%
    Pay Bonus 1.30% 1.15%
    Spend Bonus 1.30% 1.15%
    nuon Savings Account Base Rate 1.00% 1.00%
    Save Pot Bonus 1.80% 1.60%
    Young Savers Accounts Up to RM50,000 2.65% 2.40%
    Above RM50,000 0.30% 0.20%
    Esteem Savinga Account Up to RM300,000 0.25% 0.05%
    Up to RM1 mil 0.50% 0.20%
    Above RM1 mil 0.70% 0.40%
    MoneyMax Savings Account
    Up to RM100,000 0.25% 0.05%
    Up to RM500,000 0.50% 0.20%
    Above RM500,000 0.70% 0.40%
    Builder Savings Account / Builder Gold Savings Account / Builder Express Savings Account / Legacy Savings Account
    First RM50,000 2.05% 1.75%
    Next RM50,000 2.35% 2.00%
    Above RM100,000 0.25% 0.10%
    EasiStart Savings Account RM0 - RM0,000 0.20% 0.10%
    RM10,001 - RM15,000 0.35% 0.10%
    Above RM15,000 1.75% 1.40%
    Multiplier Savings Account (10 years) First RM250,000 2.80% 2.55%
    Above RM250,000 2.40% 2.15%
    Multiplier Savings Account (15 years) First RM500,000 2.80% 2.55%
    Above RM500,000 2.40% 2.15%

     

    Type of Savings Account Tier/Category Current Rate (p.a.) New Rate (p.a.) effective 29 Jan 2020
    SmartSavers Account / SmartSavers Account-i & SmartSavers Junior Account / SmartSavers Junior Account-i & iQ SmartSavers Account / iQ SmartSavers Account-i Deposit with no withdrawal:
    • RM0 - RM999.99
    • RM1,00 and above
    2.15%
    2.55%
    1.85%
    2.25%
    Deposit any amount with at least 1 withdrawal 0.25% 0.25%
    SmartSavers - Mortgage Deposit with no withdrawal:
    • RM0 - RM999.99
    • RM1,00 and above
    2.15%
    2.55%
    1.85%
    2.25%
    Deposit any amount with at least 3 withdrawal 0.25% 0.25%
    Starter Savings Account / Starter Savings Account - Protect / Invest Deposit with no withdrawal:
    • RM0
    • RM1 - RM999.99
    • RM1,000 - RM2999.99
    • RM3,000 and above
    0.25%
    2.50%
    2.60%
    2.90%
    0.15%
    2.25%
    2.35%
    2.65%
    Deposit with at least 1 withdrawal:
    • RM0
    • RM1 - RM999.99
    • RM1,000 - RM2999.99
    • RM3,000 and above
    0.25%
    1.13%
    1.18%
    1.33%
    0.15%
    0.88%
    0.93%
    1.08%

     

    Type of Savings Account Balance Existing Interest Rate (% p.a.) Revised Interest Rate (% p.a.)
    Young Savers Account Above RM50,000 0.30% 0.20%
    Rm50,000 and above 2.65% 2.40%

    Revision on Interest Rate / Profit Rates for Fixed Deposit-i are as per the table below.

    Fixed Deposit (Resident rate)

    Existing Tenure Existing Interest Rate (% p.a.) Revised Interest Rate (% p.a.)
    1 - 2 months 2.65% 2.40%
    3 months 2.75% 2.50%
    4 - 5 months 2.85% 2.60%
    6 months 2.90% 2.65%
    7 - 12 months 3.00% 2.75%
    13 - 17 months 3.05% 2.80%
    18 - 60 months 3.10% 2.85%

    Fixed Deposit (Non Resident Rate)

    Existing Tenure Existing Interest Rate (% p.a.) Revised Interest Rate (% p.a.)
    1 - 5 months 2.15% 1.90%
    6 - 17 months 2.30% 2.05%
    18 - 60 months 2.35% 2.10%

    Fixed Deposit-i / Time Deposit-i (Resident Rate)

    Existing Tenure Existing Interest Rate (% p.a.) Revised Interest Rate (% p.a.)
    1 - 2 months 2.65% 2.40%
    3 months 2.75% 2.50%
    4 - 5 months 2.85% 2.60%
    6 months 2.90% 2.65%
    7 - 12 months 3.00% 2.75%
    13 - 17 months 3.05% 2.80%
    18 - 60 months 3.10% 2.85%

    Fixed Deposit-i / Time Deposit-i (Non Resident Rate)

    Existing Tenure Existing Interest Rate (% p.a.) Revised Interest Rate (% p.a.)
    1 - 5 months 2.15% 1.90%
    6 - 17 months 2.30% 2.05%
    18 - 60 months 2.35% 2.10%

10 December 2019

  • Your Savings Account conversion to MoneyMax Account

    We have converted your Builder/ Builder Express/ Multiplier/ Builder Gold/ Legacy Savings Account to MoneyMax Account because your Great Eastern insurance policy is lapsed/ has matured/ has been claimed/ surrendered. Although there is a change in your account type, your account number remains the same.

    For more information on your OCBC MoneyMax Account, please refer to below:

    MoneyMax PIS (English) 

    MoneyMax PIS (Bahasa Melayu) 

    Interest rates 

    Terms and Conditions 

25 November 2019

  • Revision of OCBC 360 Account/-i Terms and Conditions and Product Information Sheet

    The Bank has revised the Terms and Conditions (T&C) as well as the Product Information Sheet (PIS) for the OCBC 360 Account/-i. This revised Terms and Conditions and Product Information Sheet will take effect on 18 December 2019.

    Please refer to this document for more details 

24 October 2019

  • We will stop sending Fixed Deposit Withdrawal Advices

    Please note that we will stop sending withdrawal advices for Fixed Deposit/-i and Foreign Currency Time Deposit/-i to customers effective 15 November 2019. Customers may refer to their monthly account statements, Internet Banking and Mobile Banking for details of their fixed deposit withdrawals.

13 May 2019

  • Savings account & fixed deposit rate revision

    In line with the Overnight Policy Rate cut, we have revised our Savings Account & Fixed Deposit rates accordingly.

    Type of Savings Account Old Rate (p.a.) New Rate (p.a.) effective 8 May 2019
    Premier Save Account / Premier Save Account-i Below RM200,000 - 1.00% Below RM200,000 - 0.50%
    RM200,000 and above - 3.35% RM200,000 and above - 3.11%

    There will be no changes to the 1.20% a year. Wealth Bonus for Booster Account/ Booster Account-i/ Premier Booster Account/ Premier Booster Account-i.

    Type of Saving Accounts Old Rate (p.a.) New Rate (p.a.) effective 8 May 2020
    Booster Account / Booster Account-i Below RM30,000 - 0.25% Below RM30,000 - 0.25%
    RM30,000 and above - 3.25% RM30,000 and above - 3.00%
    Premier Booster Account / Premier Booster Account-i Below 200,000 - 0.50% Below 200,000 - 0.50%
    Up to <RM3,000.000 - 3.35% Up to <RM3,000.000 - 3.10%
    Up to <RM10,000.000 - 3.50% Up to <RM10,000.000 - 3.30%
    RM10 ,000.00 and above - 3.80% RM10 ,000.00 and above - 3.80%
    360 Account / 360 Account-i Base Rate - 0.50% Base Rate - 0.20%
    Deposit Bonus - 1.20% Deposit Bonus - 1.30%
    Pay Bonus - 1.20% Pay Bonus - 1.30%
    Spend Bonus - 1.20% Spend Bonus - 1.30%
    Esteem Savinga Account
    Up to RM75,000 - 0.25% Up to RM75,000 - 0.25%
    Up to RM300,000 - 0.30% Up to RM300,000 - 0.25%
    Up to RM1,000,000 - 0.75% Up to RM1,000,000 - 0.50%
    Above RM1,000,000 - 0.95% Above RM1,000,000 - 0.70%
    MoneyMax Savings Account
    Up to RM50,000 - 0.25% Up to RM50,000 - 0.25%
    Up to RM100,000 - 0.25% Up to RM100,000 - 0.25%
    Up to RM500,000 - 0.35% Up to RM500,000 - 0.50%
    Above RM500,000 - 0.95% Above RM500,000 - 0.70%
    Builder Savings Account / Builder Gold Savings Account / Builder Express Savings Account / Legacy Savings Account
    First RM50,000 - 2.30% First RM50,000 - 2.05%
    Next RM50,000 - 2.65% Next RM50,000 - 2.35%
    Above RM100,000 - 0.50% Above RM100,000 - 0.25%
    Freedom Savings Account
    First RM100,000 - 2.30% First RM100,000 - 2.05%
    Above RM100,000 - 2.65% Above RM100,000 - 2.35%
    EasiStart Savings Account RM5,000 and below - 0.20% RM5,000 and below - 0.20%
    Up to RM10,000 - 0.40% Up to RM10,000 - 0.20%
    Up to RM15,000 - 0.60% Up to RM15,000 - 0.35%
    Above RM15,000 - 2.00% Above RM15,000 - 1.75%
    Multiplier Savings Account (10 years) First RM250,000 - 3.05% First RM250,000 - 2.80%
    Above RM250,000 - 2.65% Above RM250,000 - 2.40%
    Multiplier Savings Account (15 years) First RM500,000 - 3.15% First RM500,000 - 2.80%
    Above RM500,000 - 2.65% Above RM500,000 - 2.40%

     

    Type of Savings Account Old Rate (p.a.) New Rate (p.a.) effective 13 May 2019
    Young Savers Account Up to RM50,000 - 2.90% Up to RM50,000 - 2.65%
    Above RM50,000 - 0.30% Above RM50,000 - 0.30%

    Revision on Interest Rate / Profit Rates for Fixed Deposit-i are as per the table below.

    Revised Fixed Deposit / Fixed Deposit-i resident rates

    Existing Tenure Old Rate (p.a.) New Rate (p.a.) effective 13 May 2019
    1M - 2M 2.90% 2.65%
    3M 3.00% 2.75%
    4M - 5M 3.10% 2.85%
    6M 3.15% 2.90%
    7M - 12M 3.25% 3.00%
    13M - 17M 3.30% 3.05%
    18M - 60M 3.35% 3.10%

    Revised Fixed Deposit / Fixed Deposit-i non-resident rates

    Existing Tenure Old Rate (p.a.) New Rate (p.a.) effective 13 May 2019
    1M - 5M 2.40% 2.15%
    6M - 17M 2.55% 2.30%
    18M - 60M 2.60% 2.35%

     

    Type of Savings Account Old Rate (p.a.) New Rate (p.a.) effective 1 June 2019
    SmartSavers Account / SmartSavers Account-i & SmartSavers Junior Account / SmartSavers Junior Account-i Deposit with no withdrawal:
    • RM0 - RM49.99 - 2.25%
    • RM50 - RM999.99 - 2.40%
    • RM1,00 and above - 2.80%
    Deposit with no withdrawal:
    • RM0 - RM49.99 - 2.15%
    • RM50 - RM999.99 - 2.15%
    • RM1,00 and above - 2.55%
    Deposit any amount with at least 1 withdrawal - 0.25% Deposit any amount with at least 1 withdrawal - 0.25%
    iQ SmartSavers Account / iQ SmartSavers Account-i Deposit with no withdrawal:
    • RM0 - RM999.99 - 2.40%
    • RM1,00 and above - 2.80%
     Deposit with no withdrawal:
    • RM0 - RM999.99 - 2.15%
    • RM1,00 and above - 2.55%
    Deposit any amount with at least 1 withdrawal - 0.25% Deposit any amount with at least 1 withdrawal - 0.25%
    SmartSavers - Mortgage Deposit with no withdrawal:
    • RM0 - RM49.99 - 2.25%
    • RM50 - RM999.99 - 2.40%
    • RM1,00 and above - 2.80%
    Deposit with no withdrawal:
    • RM0 - RM49.99 - 2.15%
    • RM50 - RM999.99 - 2.15%
    • RM1,00 and above - 2.55%
    Deposit any amount with at least 3 withdrawal - 0.25% Deposit any amount with at least 3 withdrawal - 0.25%
    Starter Savings Account Deposit with no withdrawal:
    • RM0 - 0.50%
    • RM1 - RM999.99 - 2.50%
    • RM1,000 - RM2999.99 - 2.60%
    • RM3,000 and above - 2.90%
    Deposit with no withdrawal:
    • RM0 - 0.25%
    • RM1 - RM999.99 - 2.50%
    • RM1,000 - RM2999.99 - 2.60%
    • RM3,000 and above - 2.90%
    Deposit with at least 1 withdrawal:
    • RM0 - 0.50%
    • RM1 - RM999.99 - 1.25%
    • RM1,000 - RM2999.99 - 1.30%
    • RM3,000 and above - 1.45%
    Deposit with at least 1 withdrawal:
    • RM0 - 0.25%
    • RM1 - RM999.99 - 1.13%
    • RM1,000 - RM2999.99 - 1.18%
    • RM3,000 and above - 1.33%
    Starter Savings Account - Protect / Invest Deposit with no withdrawal:
    • RM0 - 0.50%
    • RM1 - RM999.99 - 2.75%
    • RM1,000 - RM2999.99 - 2.85%
    • RM3,000 and above - 3.15%
    Deposit with no withdrawal:
    • RM0 - 0.25%
    • RM1 - RM999.99 - 2.50%
    • RM1,000 - RM2999.99 - 2.60%
    • RM3,000 and above - 2.90%
    Deposit with at least 1 withdrawal:
    • RM0 - 0.50%
    • RM1 - RM999.99 - 1.38%
    • RM1,000 - RM2999.99 - 1.43%
    • RM3,000 and above - 1.58%
    Deposit with at least 1 withdrawal:
    • RM0 - 0.25%
    • RM1 - RM999.99 - 1.13%
    • RM1,000 - RM2999.99 - 1.18%
    • RM3,000 and above - 1.33%

    There are no changes to Easi-Save Account, Easi-Save Plus Account, Premier Account, Current Account & the 1.20% p.a. Wealth Bonus for Booster Account/ Booster Account-i/ Premier Booster/ Premier Booster Account-i.

31 May 2018

  • 0% GST charges

    From 1 June 2018, Goods & Services Tax (GST) is charged at 0% for applicable services. We will be updating all relevant documents and forms to show this change in GST. In the meantime, please continue using the existing documents and forms and we will process your transactions at 0% GST.

    Please refer to this document for more details 

14 February 2018

  • Revision on interest/profit payment for premature withdrawals

    There will be a change in interest/profit payment for premature withdrawals of Ringgit Fixed Deposit (FD), Ringgit Fixed Deposit-i (FD-i) and Ringgit Time Deposit-i (TD-i) as shown below:

    Placement/Renewal Premature Withdrawal Placemenr Period How much interest will be paid
    Before 5 Mar 2018 Anytime < 3 months No interest will be paid
    > 3 months 50% of contracted rate for each completed month.
    From 5 Mar - 31 Dec 2018 Before 1 Jan 19 < 3 months No interest will be paid
    > 3 months 50% of contracted rate for each completed month.
    On or after 1 Jan 19 < 3 months
    > 3 months
    No interest will be paid
    From 1 Jan 19 onwards Anytime < 3 months
    > 3 months
    No interest will be paid

    Example:

    Placement/Renewal Premature Withdrawal Placement Period How much interest will be paid
    RM10,000 on 1 March 2018 for 12 months at contacted rate 4.00% p.a.
    Maturity date:
    1 March 2019
    27 July 2018 Completed month = 1 March 2018 to 1 July 2018 (122 days) RM10,000 x 4.00% p.a. x 122 days / 365 days x 50% = RM66.85