CIMB BANK - DORMANT ACCOUNT FEE

 

Please be advised that an annual service fee of RM10.00 will be debited from all dormant Savings and Current Accounts effective
August 2012. Dormant accounts (“Accounts”) are accounts which have shown no activity (deposits and/or withdrawals) for the past 12 months or more.

A notice will be sent to Account holders 30 days before the fee is imposed. To avoid this charge, kindly re-activate your Account within 30 days from the date stated in the notice by performing a cash withdrawal at any of our branches. If the Account remains dormant thereafter:
For Accounts with a balance that exceeds RM10.00
An annual fee of RM10.00 will be charged accordingly. Should the Account continue to remain dormant until the 7th year, the Account will be closed and the remaining balance in the Account will be transferred to the Registrar of Unclaimed Moneys as per the Unclaimed Moneys Act 1965.
For Accounts with a balance less than or equivalent to RM10.00
The Account balance will be absorbed as a service fee and the Account will be closed.

For more information, please contact our Call Centre at 1 300 880 900.