KUALA LUMPUR, Feb 7 (Bernama) — AmBank has launched AmVault Savings Account/-i which offers customers to deposit their funds conveniently through online transfers. However, withdrawals would require in-person verification at any AmBank or AmBank Islamic Branch. With a minimum initial deposit of RM20, and no annual fee, customers can apply for this account at any AmBank or AmBank Islamic Branch nationwide.
Cheong Chee Wai, Managing Director, Retail Banking, AmBank said, “The AmVault Account/-i aims to ensure peace of mind as customers can maintain full control over their funds, eliminating worries of lost or stolen cards or even digital threats. It minimizes the risk should a scammer gain unauthorised access to the customers’ online account, while the funds held in the account will continue to accrue profit for long term savings.”