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REDUCE FEES
HLB PrimeBiz Current Account-i (CA-i) is a capital guaranteed deposit account which adopts the Shariah principle of Tawarruq*.
*Tawarruq refers to an arrangement which consists of multiple sale and purchase transactions. With this product, the Customer(s) will purchase the Commodity at the Purchase Price (an amount equivalent to the Customer’s Nett Deposit) from a commodity supplier and thereafter, sell the Commodity to Hong Leong Islamic Bank Berhad (HLISB) at the Selling Price on the basis of “Musawamah” (sale without disclosure of cost/profit to purchaser) which shall be paid to the Customer(s) at the end of tenure. HLISB shall thereafter sell the Commodity to a third party on cash basis.
Rebates
Earn monthly reward rebates from your HLB PrimeBiz CA-i balance to save on your business costs.
HLB PrimeBiz CA-i rebates can be used to:
- Waive your banking transaction fees and charges performed at the branch or Hong Leong Bank business online banking;
- Purchase Security Tokens for e-Payments services via Hong Leong Bank business online banking; dan
- Reduce your Islamic Business Term Financing profit payments.
Earn rebates when you sign up and maintain a minimum average monthly balance of RM15,000.
Upgrade to e-Payment services or apply for an Islamic SME Business Term Financing to earn more rebates and reduce your financing profit payments.
| Average Monthly Balance | Monthly Rebates (RM) by Package | ||
|---|---|---|---|
| Basic | e-Payment | Business Financing | |
| RM15,000 to < RM50,000 |
20 | 20 | 20 |
| RM50,000 to < RM100,000 |
50 | 80 | 100 |
| RM100,000 and above |
100 | 120 | 200 |
The above rebates are computed based on the current Overnight Policy Rate (OPR). The Bank reserves the right to review and revise the rebates if the OPR is revised.
Rebates earned are entitled to waive a list of transaction charges:
| Eligible Transactions |
Current Fees & Charges (RM) | Fees & Charges (After Waiver) (RM) | ||
|---|---|---|---|---|
| Branch | HL Connect BIZ | Branch | HL Connect BIZ |
|
| Rentas |
5.00 |
2.00 |
Waived fully if the rebates are sufficient for complete set-off |
|
| IBG |
2.00 |
0.10 |
||
| e-Inquiry Monthly Subscription Fee |
30.00 |
|||
| e-Payment Monthly Subscription Fee |
15.00 | |||
| Security Tokens for e-payment services |
50.00 | Waived partially / fully, depending on rebates available at point of redemption | ||
Member of PIDM. Protected by PIDM up to RM250,000 for each depositor.
Available only to:
- SME Companies; and
- Sole-proprietorships and partnerships which have been granted Islamic financing facilities by HLISB.
Minimum initial deposit of RM500.
