HSBC Basic Savings Account

A basic savings account which pays interest.

Features & benefits

  • 8 complimentary ATM transactions per month at any of our ATM machines
  • Perform transactions with online banking or over the counter at any of our branches
  • Requires a low initial deposit to open the account


Are you eligible?

  • All Malaysian citizens & permanent residents are entitled to 1 Basic Savings Account and 1 Basic Current Account per banking institution
  • Customers other than Malaysian citizens and permanent residents are allowed to open accounts under Perks@Work
  • No introducer required

Identification documents:

  1. MyKad (Malaysian citizens)
  2. Passport and PR card (Non-Malaysians with Malaysian PR)
  3. Passport (Non-Malaysians)

Apply for HSBC Basic Savings Account

Things you should know

  • Initial deposit: RM20
  • A minimum of RM20 is required to be maintained in the account at all times
  • No service charge or maintenance fee
  • Member of Perbadanan Insurans Deposit Malaysia
    Protected by Perbadanan Insurans Deposit Malaysia up to RM250,000 for each depositor*.
    *Click here for more details on PIDM protection.