How to Open a Fixed Deposit Account at Public Bank Berhad
The Public Bank Berhad (PBB), headquartered in Malaysia, has locations throughout Southeast Asia. PBB provides services for vehicle financing; personal and business banking to include fixed deposit accounts, investments, savings and checking accounts; and fund management services. Opening a fixed deposit account with PBB is a simple process for residents in Malaysia and non-residents. PBB's Plus Fixed Deposit Accounts offer customers flexibility, as well as conservative investment options. Both the members of the public and businesses can open a Plus Fixed Deposit Account. In addition, those age 50 or older have the option to open a PB Golden 50 Fixed Deposit Account.
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Things You'll Need
- Passport
- RM 5,000 for one month deposit or RM 1,000 per month for each monthly deposit
Instructions
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Visit a branch location of the PBB nearest to your location. The PBB website lists all branch locations by state. If in Kuala Lumpur, you can visit the PBB headquarters at Menara Public Bank, Jalan, Ampang, 50450. You must visit a location in person to open an account. Other branches in Southeast Asia will require you to be a resident of the country where the branch is located.
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Speak with a teller and explain you would like to talk with a representative about opening a fixed deposit account. The teller will direct you to the appropriate representative.
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Tell the representative you would like to open a PLUS Fixed Deposit Account. Prepare to show your identification, such as a passport. Tell the representative how many months you want the account. You can open the account anywhere from one to 60 months.
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Fill out all paperwork the representative provides to you to open the account. Expect to provide your passport number, your resident country, your address and all contact information. Return the paperwork, along with a deposit of either RM 5,000 for one month or RM 1,000 for the first month. The representative will then open your account.
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References
Resources
- Photo Credit bank image by Pefkos from Fotolia.com
