Professional Documents
Culture Documents
(Read this Product Disclosure Sheet before you decide to take up the Alliance Bank Debit Card
or Alliance Islamic Bank Debit Card-i. Be sure to also read the General Terms and Conditions ALLIANCE BANK DEBIT CARD
which is available on our website at www.alliancebank.com.my). ALLIANCE ISLAMIC BANK DEBIT CARD-i
1. What is this product about?
The Alliance Bank Debit Card (“Debit Card”) and Alliance Islamic Bank Debit Card-i (“Debit Card-i”) are payment instruments cum Automated Teller Machine (“ATM”) cards that
allow you to pay for goods and services from your deposit account at participating retail and service outlets. The Debit Card or Debit Card-i also allows you to withdraw cash at
ATMs worldwide. You are required to maintain an eligible deposit account with us, to be linked to your Debit Card or Debit Card-i. If you close your eligible deposit account with us,
you will not be able to perform any transaction(s) via the Debit Card or Debit Card-i.
The Debit Card-i is based on the Shariah concept of Ijarah (lease) which means a contract of leasing or wages of an asset or labour at pre-determined leasing charges/wages and
duration. In the context of the Debit Card-i, it refers to the Cardholder agreeing to lease the card facility and service from the Bank for an annual Ujrah (fee) and the usage of the
Debit Card-i shall be subject to the applicable General Terms and Conditions on the Bank’s website or as attached hereto.
2. What are the fees and charges that I have to pay?
Card Issuance/Annual Fee* RM12.00 (for Hybrid/Hybrid-i accounts) Sales Draft Retrieval Fee* RM20.00 per copy
RM8.00 (for other accounts)
Card Replacement Fee RM12.00 (for Hybrid/Hybrid-i accounts)
RM8.00 (for other accounts) CIRRUS cash withdrawal* RM8.00 per transaction
MEPS cash withdrawal at: RM1.00 per transaction CIRRUS balance inquiry* RM1.00 per transaction
• Other local banks*
• Locally incorporated Overseas Transactions Transactions made in foreign currency shall be converted to
foreign banks* Conversion Fee Ringgit Malaysia at the conversion rate and charges as
determined by Mastercard or Visa and shall be inclusive of 1%
foreign exchange conversion spread by Alliance Bank.
3. Daily Limit
Daily Purchase Limit (RM) Daily ATM Limit (RM)
Product
Default Max Default Max
eSaving