Maybank Gold Investment Account

Description
Features Individual Non – Individual
Account Account
Minimum Initial Purchase 1 gram 50 grams
Minimum 10 grams in
Minimum Subsequent Purchase/Sale In multiples of 1 gram
multiple of 1 gram
Minimum Balance in the Account 1 gram 10 grams
Based on Bank’s prevailing gold SELLING price
Gold Purchase Price
quoted in RM per gram
Based on Bank’s prevailing gold BUYING price
Gold Selling Price
quoted in RM per gram
Gold Purchase Options
a) Cash  
b) Debiting of current/savings account
 
maintained with the Bank
c) House Cheque  
d) Maybankard Debit & Credit Card
 
(Visa & MasterCard only)
Gold Withdrawal Options
a) Cash  
b) Crediting of current/savings account
 
maintained with the Bank
Statement
Transactional Records Passbook
(Monthly e-Statement)
Interest No interest payout

Stamp Duty Fee on Agreement RM10

RM15
(inclusive of RM10
Replacement of Lost/Spoilt Passbook NA
Stamp Duty for Letter
of Indemnity)

Available from Monday

to Friday (10am to
4.30pm) when the Bank
Buy or sell gold via Maybank2u.com NA
is open for business in
the Federal Territory of
Kuala Lumpur

Note:
Effective 1 June 2018, GST type Standard-rated will be zero percent (0%)

28052018