What is the minimum balance for Alliance Bank?
Alliance Bank mandates that customers maintain a minimum running balance of RM20 in standard basic savings accounts at all times to keep the account active and avoid administrative infractions. Additionally, a modest initial deposit of RM20 is required during the initial account opening process. This low threshold ensures that basic savings products remain highly accessible to everyday retail customers, students, and low-income earners seeking secure formal banking services.
Related FAQs
The maximum amount an individual can withdraw from an automated teller machine is restricted by a combination of the card issuer's daily cash withdrawal limits and the physical cash dispensing capacity of the specific ATM machine being utilized.
Alliance Community Bank provides a full spectrum of traditional community banking products designed to support individuals, families, and local businesses.
Alliance Bank establishes varying transaction limits depending on the specific banking product, digital channel, and account category utilized by the customer.
Alliance Bank provides high-yield savings account options designed to help customers maximize their interest earnings compared to traditional low-interest depository products.