Announcement on No Interest Payable for Premature Withdrawal of MYR Fixed Deposit (Effective from 1 January 2019)
Dear Valued Customers,
With effect from 1 January 2019, no interest will be payable for premature withdrawals of MYR Fixed Deposit (FD) that are placed or renewed from 1 August 2018. For premature withdrawal performed before 1 January 2019, the existing terms and conditions on interest for MYR FD is still applicable.
For better illustration, kindly refer to below:
Date of Placement or Renewal | Date of Premature Withdrawal | Interest Payment |
---|---|---|
Prior to1 August 2018 | Prior to 1 January 2019 |
|
From 1 January 2019 | ||
From1 August 2018 | Prior to 1 January 2019 | |
From 1 January 2019 | No interest will be paid. |
Should you have any enquiries, please contact our customer service centre at 603-2059 5566.
Thank you.
Bank of China (Malaysia) Berhad
10th July 2018