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> List of Insured Deposits
LIST OF INSURED DEPOSITS
as at 31 May 2023
Name of Deposit Type
Deposit Type
Currency
Deposit Product Code
1
Basic Savings Account
Savings Deposit
Ringgit
0204CR0200000001
2
Current Account
Demand Deposit
Ringgit
0204CM0100000001
3
Current Account
Demand Deposit
Foreign Currency
0204CM0100000001
4
Special Non-Resident Account
Demand Deposit
Foreign Currency
0204CF0100000001
5
Short Term Deposit Account
Short-term Deposit
Ringgit
0204CR0700000001
6
Fixed Deposit Account
Fixed Deposit
Ringgit
0204CM0300000001
7
Fixed Deposit Account
Fixed Deposit
Foreign Currency
0204CM0300000001
Formula on penalty charge in late payment are as follows:-
Overdue Instalments X Penalty Rate X No. of Days Overdue
---------------------------------------------------------------------
365
The current penalty rate is 1% per annum ( daily rest basis ) on the instalment in arrears.
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