Retail Client Pricing

 
Services Pricing in MYR
   
A. DISBURSEMENT  
Issuance of Managers Check (excluding postage & courier cost)  
Local Currency Checks $5
If payment directly to beneficiary's bank account $10
   
Local Telegraphic Transfer  
Via MyClear RENTAS
(for high value electronic payment with value above MYR 10,000.00)
$5
Via MyClear Interbank GIRO
(for low value electronic payment with value below MYR 500,000.00)
$0.10
   
International Wire Transfer  
New York $45
Singapore $10
Others $30
   
Foreign Currency Demand Draft  
USD draft - debit USD Account
 
USD4 per draft
Cable charge USD 13.00
USD draft - debit MYR Account
 
MYR12 per draft
Cable charge $23.00
   
Book Transfer  
With J.P. Morgan Chase Bank Berhad Waived
   
Cancel / Stop Payment $15 (or $100 if insufficient funds)
   
B. COLLECTION  
Local Currency Check Deposit Waived
   
Foreign check (cash letter) - into MYR Account $15
Foreign check (cash letter) - into USD Account USD 4.50
   
Local Wire Receipt - via MyClear RENTAS & MyClear Interbank GIRO (IBG) Waived
   
International Wire Receipt USD 5.00
   
Returned Item  
Dishonoured Check - due to insufficient funds $100.00 / check
Dishonoured Check - stop payment $10.00 / check
Dishonoured Check - stop payment and insufficient funds $100.00 / check
   
Dishonoured Check - post-dated (borne by payee) $10 / check
Return foreign currency check/draft As per Corresponding Bank charges
   
C. OTHER BANKING SERVICES  
   
Basic Banking Account - with average Balance below $1,000 Waived
USD Account Waived
Demand Deposit Account (DDA) - Dormant Fees $10 per annum
Savings Account - Dormant Fees
 
If below $10 to close as per ABM
but waived if above $10
Reactivation Fees Waived
   
Check Book  
i. Company $25.00 per book
ii. Individual $13.50 per book
   
Courier / Postage At- cost
   
Fax $2.00 / piece
   
Salary transfers - paper Interbank GIRO (IBG) $10.00 / employee
   
Standing Instruction
 
 
set-up $5
mail    $4
bank   $10
   
Bank Statement Retrieval - within 12 months $5 / page
Bank Statement Retrieval - above 12 months $5 / page + $50 / request
   
Audit Confirmation $25
   
   
Below are the list of deposit products not applicable to individuals and Small and Medium Enterprises offered by J.P. Morgan Chase Bank Berhad:
  • Demand Deposit Account (Interest Bearing and Non-interest Bearing)
  • Time Deposit Account


  Housing Loan

 
General Product Information
Product Name: Mortgage Loan
Zero Entry/Moving Cost: No
Minimum Value Of Property (RM): 35,000
Maximum Value Of Property (RM): 100,000
Minimum Loan Amount (RM): 5,000
Loan Purpose: All (Under construction, completed, refinance, purchase land & build a house)
Type of property: Landed and Non-landed
Repayment mode: Flexi
Margin of financing (%): 90
Loan tenure (Max years / age): 25 years / Up to 55 years old whichever is earlier
Reference rate / BLR (% per annum): 6.65
Rates (Variable) Per Annum:
1st Year:1.5%
   
2nd Year:BLR – 1.0%
   
3rd Year onwards:BLR + 0.2% (Max Ceiling Rate at 9% as per BNM Guidelines)
Interest rate calculation: Monthly rest interest
     
Fees & Charges
Legal fees on loan agreement: Payable by borrower
Stamp duty on loan agreement: Payable by borrower
Disbursement fee: Payable by borrower
Valuation fee: Payable by borrower
Processing fee: Waived
Late charges (per annum): Based on prevailing rate plus 1% on total outstanding in arrears x Number of days late
Early settlement penalty: No

 


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