Business Account Agreement Template for Malaysia

1. Islamic Banking Provisions: Additional terms for Shariah-compliant accounts, used when the account follows Islamic banking principles

2. Overdraft Facility: Terms for overdraft services, included when overdraft facilities are offered

3. Foreign Currency Services: Provisions for foreign currency transactions and accounts, included for multi-currency business accounts

4. Trade Finance Services: Terms for trade finance facilities, included when trade finance services are offered

5. Electronic Banking Services: Detailed terms for online and mobile banking services, included when digital banking services are provided

6. Merchant Services: Terms for payment acceptance services, included for businesses requiring merchant facilities

7. Joint Account Provisions: Special terms for joint business accounts, included when account has multiple owners

8. Special Account Types: Provisions for specific account types like escrow or project accounts

1. Schedule 1: Fee Schedule: Detailed listing of all applicable fees, charges, and commission rates

2. Schedule 2: Interest Rate Sheet: Current interest rates and calculation methods for different balance tiers

3. Schedule 3: Required Documents: List of documents required for account opening and maintenance

4. Schedule 4: Authorized Signatories: Details and specimen signatures of authorized persons

5. Schedule 5: Electronic Banking Services: Specific terms, limits, and procedures for electronic banking services

6. Appendix A: Account Opening Form: Standard form for collecting business and signatory information

7. Appendix B: Operations Manual: Detailed procedures for account operations and service requests

8. Appendix C: Security Procedures: Security protocols and requirements for account access and transactions