Understanding Savings Account in Malaysia
Monday, July 21st, 2008 |
I am pretty sure many of us out there owns a Savings Account. It is one of the most basic accounts one can have to create a relationship with a particular bank.
Having a savings account will not be as convenient as having a current account (checking service). To withdraw money from a savings account, we either need to go lineup at the counter (the queue at times might be pain in the ass) or withdraw using ATM card.
Oh yeah, for ATM card service there is a charge of RM 8 annual fees for all banks in Malaysia. No free lunch in this world! Friends from other continents of the world, do you all have to pay for such services from your country? Hope you can share some savings account information with me and my fellow friends.
