Hong Leong Bank Account Types

　　Hong Leong Bank offers various types of trading accounts to cater to the diverse needs of investors. The primary account types include:

• Pay & Save Account:
• Features: Supports holding up to 12 currencies, offers up to 4.15% annual interest rate, and facilitates international spending.
• Fees: Minimum initial deposit of RM 50 and minimum balance requirement of RM 200, otherwise a RM 5 service fee every six months.
• Savings Account:
• Features: Provides monthly interest calculation with an annual interest rate of up to 0.2%.
• Fees: Minimum initial deposit of RM 200.
• Current Account:
• Features: Includes a checkbook and monthly statements, suitable for frequent commercial transactions.
• Fees: Minimum initial deposit of RM 500 and minimum balance requirement of RM 1,000, otherwise a RM 10 service fee every six months.
• Hlebroking Account:
• Features: An online share trading platform allowing users to place orders and manage their investment portfolio.
• Brokerage Rates: 0.08% flat of contract value or a minimum of RM 8.

　　

Hong Leong Bank Broker Account Opening Process

　　To open a trading account with Hong Leong Bank, follow these steps:

• Eligibility:
• Must be at least 18 years old.
• Malaysian citizens only; foreigners are not eligible.
• Registration:
• Log in to HLB Connect.
• Tap on your Pay & Save Account or Pay & Save Account - I.
• Select "Apply Now".
• Documentation:
• Fill in your personal details.
• Upload an image of your NRIC (front and back).
• Verification:
• Verify your details and enter the TAC (Transaction Authorization Code).
• Click "Submit".
• Account Activation:
• Upon approval, you will receive an email notification confirming that your trading account has been activated.
• Deposit funds into your trust account based on your trading requirements to start trading online.

　　For more information, visit the official Hong Leong Bank website: Hong Leong Bank.