IMAD YOUNG SAVINGS ACCOUNT-i
An account to get your children saving early
A savings account in-trust for your children to help them develop good savings habits.
Track your money
View all your OCBC accounts, download previous and current statements, and much more with OCBC Online Banking.
Easy payments and transfers
Pay bills and transfer funds to accounts within OCBC, or to other banks’ accounts via MEPS interbank GIRO.
Wide network of ATMs nationwide
OCBC ATM cards are accepted at all MEPS ATMs. Withdrawals can be made at no charge at all OCBC ATMs.
Global access
Make withdrawals at over 1,000 OCBC ATMs in Malaysia and at Visa PLUS ATMs anywhere in the world.
Monthly statements
Monthly Statements Description: Manage funds easily with regular statements that provide a list of all Imad Young Savings Account-i transactions within the relevant statement periods.
Eligibility requirements
Trust accounts must be opened with at least 1 parent/legal guardian for children age 17 and below.
Parents’ identity card or legal guardian certificate.
Deposit requirements
Important notices
PIDM Disclosure
This deposit is protected by PIDM up to RM250,000 for each depositor.
-
Deposit protection is automatic.
-
PIDM protects depositors holding deposits with banks.
-
There is no charge to depositors for deposit insurance protection.
-
Should a bank fail, PIDM will promptly reimburse depositors over their deposits.
For more information, refer to PIDM's DIS Brochures that are available at our counters or go to the website at www.pidm.gov.my.
or visit us at a branch.