QUOTE(Pitbulllover @ Jul 5 2018, 08:23 PM)
I have enquiry.
If I'm the holder of ASNB(ASM,AS1M,ASW).
In case something bad happened like death . And assume no beneficiary assigned.
What will happen to the money? Can my parents or sibling claim the money?
Will it be send to Amanah Raya and they charge commission ?
Thank you much
I don't really know details, but this is what I can tell you:
if money is below certain amount(can't remember how much), any of your successor (kids, siblings, etc) can go to asnb, fill some forms, and take the money. need to provide some documentation for proof of relationship (bf gf cannot lah).
if more than that, it will go to amanah raya, you have to claim from them, and yes, they charge you certain percentage depending on how much money it is. I think they have different range.
you can go ask any asnb office for more accurate details.