Fixed/Term Deposit is a service that allows you to make placement & redemption through AmOnline without the need to visit a branch.
You will need to have an AmBank or AmBank Islamic Current or Savings Account and be a registered user of AmOnline.
No, the service is only available from 6am to 11.45pm.
Fixed Deposit: The minimum amount is RM5,000 for 1 month and RM500 for 2 months and above. There is no maximum amount.
Term Deposit: The minimum amount is RM1,000 for 1 month and RM500 for 2 months and above. There is no maximum amount.
You can refer to our website www.ambank.com.my/eng/rates-fees-charges.
Fixed/Term Deposit placement will take effect and displayed in AmOnline immediately.
No. Fixed/Term Deposit account will link to your AmOnline automatically.
No. However, upon confirmation of placement, you can choose to print the Fixed/Term Deposit confirmation receipt for your own reference.
No. You can redeem it via AmOnline only.
No. You will need to redeem the Fixed/Term Deposit first at the branch, and then make an Fixed/Term Deposit placement via AmOnline.
You will have the option to either perform premature redemption or redeem upon maturity date on AmOnline. Thereafter, you may make the new placement on the same day.
Yes, you can. However, effective Tuesday, 1 January 2019 onwards, all Fixed Deposit/Term Deposit placements which are withdrawn before maturity will have NO interest/profit payable.
Placement of Fixed/Term Deposit is online and immediate. Hence if you wish to cancel it, you can perform an account redemption immediately.
No, partial redemption is not available.
Kindly call our Contact Centre (24 hours) at +603 2178 8888.