net Current Account-i is an internet-based Current Account that offers you the convenience of a checking facility, with a combination of online features and Takaful coverage while paying dividends.

netCurrent Account-i uses the contract of Mudharabah or profit sharing. The contract refers to an agreement made between a capital provider (account holder) and the Bank as the entrepreneur. This arrangement will enable the entrepreneur to invest the capital for Shariah-compliant business projects and profits are shared between the capital provider and the entrepreneur based on a pre-agreed profit sharing ratio. Losses from the investment are borne by the capital provider of the funds unless due to negligence by the entrepreneur.

Features & Benefits:

• Initial deposit of only RM500
• No minimum balance
• No introducer is required
• No passbook
• Cheque book facility
• Maybankard Visa Debit
• Multi-tiered dividend rates - dividends calculated daily and credited monthly
• Free Takaful Personal Accident (PA) coverage and medical benefit with the following account balance
  
  

  Account Balance	Sum Covered
  	Death / PD	Medical Expenses
  RM1,000 - RM10,000	RM10,000	RM500
  RM10,001 - RM50,000	Base on account balance	RM1,000
  Above RM50,000	RM50,000	RM1,500

  
  
• Funeral Benefit of RM1,000
• Online access via www.maybank2u.com
• Display information of the current month as well as the previous two (2) months
• Cash line facility
• Mobile Financial Services
• e-Statements

Who Can Apply:

• Individual age 18 years and above
• Malaysian Resident
• / Non-Resident with working permit
• Joint account up to maximum of four (4) persons with any one signatory allowed.

Required documents

For Personal/Joint accounts

• Original Identity Card (IC) for Malaysians and Passports for foreigners

Please also bring along any of the following secondary supporting documents:-

• Valid Passport (if IC is produced as a Primary document)
• Valid driving license
• Utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice) in the name and address of the customer opening the account
• Letter of employment
• Credit card

Please choose a branch located near your home or place of work.

How to Apply

• Via Maybank2u.com

Fees & Charges:

• Waiver of RM10 half yearly charges for accounts with an average balance of RM1,000 within six (6) months
• Replacement of ATM/bankcard: RM12
• Early closure of account within 3 months of account opening: RM20
• Cash withdrawals at ATM facilities owned by other banks (MEPS charges): RM1

*Terms and conditions apply