hawker or self small business not payslips how?

did you write your employment details in the application form?
if yes,...most probably they wanted to confirm your stated details.
or do you already have a BSA with another bank?

btw, read this from BNM

Effective 1 February 2005, all commercial banks and finance companies 1 will offer a basic savings account (BSA) and a basic current account (BCA), with no overdraft facility, to all individual Malaysians and permanent residents.
http://www.bnm.gov.my/index.php?ch=en_pres...&ac=950&lang=en

All Malaysian citizens and permanent residents shall be entitled to one basic savings account (BSA) and/or one BSA based on Islamic principles per DFI.
http://www.bnm.gov.my/index.php?rp=guideli...ic_banking_serv

This post has been edited by MUM: Aug 1 2019, 01:40 PM

proof of income not listed....maybe to suits those with no income or no income details like students and hawkers or petty traders for examples

thus if you had mentioned your employment details, then maybe they just want to confirm....

Any idea the minimum unit trust amount needed to purchase to be eligible for the 3.5% saving rate?

This post has been edited by MUM: Aug 8 2020, 04:10 PM

Usually banks would charge abt 5%-6% sales charges for each ut buy..... Just not sure abt the sales charges of this ut that you gonna buy n also maybe there is a quota or ratio that you must hold between ut n saving to be eligible for that 3.5% rate.
Example, just example... For I am not sure....
UT 20k can qualify to hv max 40k in saving to qualify for the 3.5% rate. Do they hv tis quota?

So it is just a plan suggested by the bank staff n not a requirement that come together to be eligible for the 3.5% saving rate product from the bank...
Uuumph...
Ok. Thks for telling

so to get the extra 2%pa interest for that RM20000 you need to put into UT RM1k per month

2%pa on RM20k is RM400 pa or RM33.30 pm extra untung
invest 1k per month, unit trust fees if 5% sales charges is RM50 per month sales charges...extra expenses....

siapa lagi untung? bank or me?

This post has been edited by MUM: Aug 8 2020, 05:33 PM

maybe that amended the previous conditions to the current one after realising their error?

do you mean this??
https://www.uob.com.my/personal/useful/fees...sh-account.page


Attached thumbnail(s)

I hv no idea of the min cannot touch amount....
But looking at the rate as per earlier image....
Balance above rm10 will be charged Rm10 pm...
😭
If cannot touch amount is to be Rm20, then very fast the a/c will be forced closed.... Unless top up soon after reaching the rm20 threshold.