I. Introduction

As one of the largest banks in Malaysia, Maybank is highly favored by users for its comprehensive financial services and convenient operation procedures. However, many people often encounter issues such as unclear document requirements, ambiguous fees, or complex procedures when applying to open an account. This article focuses on two popular search keywords - "What documents are required to open a bank account with Maybank" and "How much does it cost to open an account with Maybank" - and provides you with the latest account - opening guide for 2025. It covers the necessary documents, fee details, recommended accounts, and application steps to help you easily complete the account - opening process!

II. Documents Required to Open an Account with Maybank

1. Personal Account

• Proof of identity: Malaysian citizens need to provide a MyKad, while foreigners need to provide a passport and a valid visa.

• Proof of address: Utility bills, bank statements, or a tenancy agreement within the last 3 months (if the address is different from that on the MyKad).

• Proof of income (required for some accounts): Such as payslips, tax statements, or an employer's letter of certification (applicable to high - threshold accounts or accounts linked to credit cards).

• Initial deposit: It depends on the account type (see the fee section below for details).

2. Business/Association Account

• Company registration documents: SSM certificate or business registration certificate.

• Board resolution (if applicable): A formal document authorizing the account opening.

• Proof of identity and signature samples of authorized persons: MyKad/passport and signature samples of company directors or authorized representatives.

3. Accounts for Special Groups

• Children's account (Yippie/Yippie - i): Guardian's MyKad + child's birth certificate.

• Teenager's account (imteen/imteen - i): Student ID or school certificate.

• Senior citizen's account (Gold Savings Account): MyKad and retirement certificate (if available).

III. Detailed Explanation of Maybank Account - Opening Fees

1. Minimum Deposit for Savings Accounts

2. Fixed - Deposit Accounts

• Islamic Fixed - Deposit - i Kids: Starting from RM500, with a term of 1 - 60 months.

• E - Fixed - Deposit: Starting from RM1,000, supports online management.

3. Current Accounts

• Basic Current Account: Starting from RM500, no interest.

• Premier 1 Account: Starting from RM1,000, comes with free medical insurance.

4. Other Fees

• Account maintenance fee: Most basic accounts are free (e.g., Basic Savings Account - i).

• Annual debit card fee: Most debit cards have no annual fee (e.g., Visa debit card, Manchester United themed card).

IV. Recommended Popular Accounts at Maybank

1. Students/Teenagers

• imteen Account: Starting from RM50, students with excellent exam results can receive cash rewards, and it comes with free accident insurance.

2. Housewives/Retirees

• Gold Savings Account: Starting from RM1,000, free of foreign telegraphic transfer fees, and many discounts from partner merchants.

3. Business Users

• Current Account - i: Supports joint accounts (up to 4 people) and complies with Islamic law.

4. For Investment Needs

• ZEST - i Account: During the 2025 campaign period (until December 31), a deposit of RM200 allows you to participate in a lucky draw, with a profit - sharing ratio of 1:99.

V. Maybank Account - Opening Process

1. Online Application (Suitable for Existing Maybank Users)

• Step 1: Log in to the Maybank2u official website or the MAE App.

• Step 2: Select "Apply for a New Account", fill in the information, and upload the documents.

• Step 3: Deposit the initial amount and wait for the review (usually 1 - 3 working days).

2. In - Person at a Branch (New Users)

• Step 1: Bring the required documents to the nearest branch.

• Step 2: Fill out the account - opening form and submit the documents.

• Step 3: Deposit the minimum amount and receive the temporary account information.

3. Account Opening for Small and Medium - Sized Enterprises

• Apply online through the "SME First Account" on Maybank2u or make an appointment at a branch.

VI. Frequently Asked Questions (FAQ)

Q1: Can foreigners open an account with Maybank?

• Yes, they need to provide a passport, a long - term visa, and proof of a Malaysian address.

Q2: Can I manage my account without activating Maybank2u?

• Some accounts need to be linked to the MAE App (e.g., ZEST - i), but basic accounts can be operated through ATMs or at branches.

Q3: How long does it take to receive the debit card after opening an account?

• It will be mailed to the registered address in about 5 - 7 working days, and you can track the progress online.

VII. Conclusion

The account - opening process at Maybank is simple, the document requirements are clear, and there is a wide range of account types to meet the needs of individuals, families, and businesses. Whether you apply quickly through the online MAE App or in - person at a branch, you can easily complete the process. Download the MAE App now and open your Maybank account!

Further Reading:

•  A Complete Guide to Opening a Bank Account in Malaysia: Comparison of All Banks + Tips to Avoid Pitfalls When Opening an Account
•  Malaysia 2025 Top 5 Bank Account Opening Tips