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Announcement

Notice on Revision of Terms and Conditions Governing Deposit Accounts

14 MAY 2025

IMPORTANT NOTICE

Revision of Terms and Conditions Governing Deposit Accounts

With effect from 9 June 2025, the Terms and Conditions Governing Deposit Accounts will be revised to incorporate the following:-

  • Additional clauses under the ‘Right of Set-Off’ header to ensure that the Bank’s deposit products are streamlined.
  • New clauses under the ‘Mandate/Instruction’ provisions on the Bank’s liability on acting on the customer’s mandate/instruction.
  • Amended clause on the enablement of the Card-Not-Present (CNP) function for toll-related transactions for Public Bank’s Debit Cards.

The new/revised clauses will be incorporated into the following Terms and Conditions Governing Deposit Accounts, where applicable:-

Public Bank Berhad

  1. Terms and Conditions Governing Current Account
  2. Terms and Conditions Governing Fixed Deposit Account
  3. Terms and Conditions Governing Savings Account
  4. Terms and Conditions Governing Foreign Currency Current Account
  5. Terms and Conditions Governing Foreign Currency Fixed Deposit Account

The above Terms and Conditions will be made available at the Bank’s website from 9 June 2025 onwards.