PIDM Deposit Insurance

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Deposit insurance is a system that is established by the Government to protect depositors against the loss of their insured deposits placed with banks in the unlikely event of a bank failure. The deposit insurance system also aims to enhance the consumer protection framework and promote financial system stability.

The deposit insurance system in Malaysia was launched in September 2005 and is administered by Perbadanan Insurans Deposit Malaysia (PIDM). PIDM is a Government agency established under the Malaysia Deposit Insurance Corporation Act 2005.

With the introduction of a deposit insurance system in Malaysia, depositors receive protection for their deposits with banks and/or financial institutions. Depositors will know how and when reimbursement of their deposits will be made in the event of a bank failure.

The following are deposit accounts held by or for an individual, company or NGO which will be insured up to the limits specified in the Malaysia Deposit Insurance Corporation Act 2005.

Products Insured by PIDM
CURRENT ACCOUNT - CHEQUEING
BASIC CURRENT ACCOUNT
I-ACCOUNT FOR ORGANISATION
U-ACCOUNT
HOUSING DEVELOPER ACCOUNT
I-ACCOUNT
OVERNIGHT DEPOSIT SERVICE
NON-CHEQUEING ACCOUNT
HIGH YIELD ACCOUNT
FOREIGN CURRENCY CALL ACCOUNT
GLOBAL CURRENCY PREMIUM ACCT
FLEXI MORTGAGE - CA
FUNSAVERS ACCOUNT
BASIC SAVINGS ACCOUNT
E-ACCOUNT
PASSBOOK SAVINGS ACCOUNT
SAVINGS PLUS
FOREIGN CURRENCY TIME DEPOSIT
MAX GAIN - FIXED DEPOSIT
GOLDEN SAVER
FIXED DEPOSIT
UOBM PRINCIPAL GUARANTEED CALLABLE RANGE ACCRUAL STRUCTURED INVESTMENT SERIES 5
UOBM PRINCIPAL GUARANTEED CALLABLE RANGE ACCRUAL STRUCTURED INVESTMENT SERIES 6
UOBM PRINCIPAL GUARANTEED CALLABLE RANGE ACCRUAL STRUCTURED INVESTMENT SERIES 7
UOBM PRINCIPAL GUARANTEED CALLABLE RANGE ACCRUAL STRUCTURED INVESTMENT SERIES 8
UOBM PRINCIPAL GUARANTEED CHINA INFLATION STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED CHINA 6 STOCK STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED GAMING TITAN STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED 3 YEARS CHINA OUTPERFORMANCE STRUCTURED INVESTMENT
UOBM AUD DENOMINATED PRINCIPAL GUARANTEED 1 YEAR USDCNH DIGITAL
UOBM PRINCIPAL GUARANTEED 2 YEAR DIGITAL STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED 18 MONTHS USDCNH DIGITAL STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED 5-YEAR COMMODITY INDEX STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED 1 YEAR USDCNH DIGITAL STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED 5-YEAR COMMODITY INDEX STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED 3-YEAR CHINESE BANKING STOCKS STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED 3-YEAR DIGITAL STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED USDCNH DIGITAL STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED 5-YEAR ASIAN SMALL CAP STRATEGY STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED 3-YEAR EQUITY DAILY RANGE ACCRUAL STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED EPFR MULTI ASSET LONG ONLY 5% VOLATILITY TARGET STRUCTURED INVESTMENT
UOBM 90% PRINCIPAL GUARANTEED 3-YEAR ETHNA-AKTIV FUND STRUCTURED INVESTMENT SERIES (COLLECTIVE SUBMI
UOBM PRINCIPAL GUARANTEED EPFR MULTI ASSET LONG ONLY 5% VOLATILITY TARGET STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED EPFR MULTI ASSET LONG ONLY 5% VOLATILITY TARGET STRUCTURED INVESTMENT
UOBM PRINCIPAL GUARANTEED EPFR MULTI ASSET LONG ONLY 5% VOLATILITY TARGET STRUCTURED INVESTMENT
UOBM PGSI LINKED TO PIMCO FUNDS GLOBAL INVESTORS SERIES PLC-INCOME FUND
UOBM PGSI LINKED TO EPFR MULTI ASSET LONG ONLY 5% VOLATILITY TARGET INDEX (SILK SERIES 49)
UOBM PGSI LINKED TO EPFR MULTI ASSET LONG ONLY 5% VOLATILITY TARGET INDEX (SILK SERIES 50)
UOBM PGSI LINKED TO PIMCO FUNDS GLOBAL INVESTORS SERIES PLC-INCOME FUND (SILK SERIES 51)
UOBM PRINCIPAL GUARANTEED 5-YEAR COMMODITY INDEX STRUCTURED INVESTMENT (SILK SERIES 52)
UOBM PRINCIPAL GUARANTEED 5-YEAR COMMODITY INDEX STRUCTURED INVESTMENT (SILK SERIES 53)
UOBM PGSI LINKED TO PIMCO FUNDS GLOBAL INVESTORS SERIES PLC-INCOME FUND (SILK SERIES 55)
UOBM PGSI LINKED TO PIMCO FUNDS GLOBAL INVESTORS SERIES PLC-INCOME FUND (SILK SERIES 56)
UOBM PGSI LINKED TO PIMCO FUNDS GLOBAL INVESTORS SERIES PLC-INCOME FUND (SILK SERIES 57)
UOBM PGSI LINKED TO PIMCO FUNDS GLOBAL INVESTORS SERIES PLC-INCOME FUND (SILK SERIES 58)
UOBM PGSI LINKED TO PIMCO FUNDS GLOBAL INVESTORS SERIES PLC-INCOME FUND (SILK SERIES 59)
MONEY MARKET DEPOSITS-ISLAMIC
MONEY MARKET DEPOSITS

 

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