2. SAVING & CURRENT ACCOUNT * BASIC BANKING SERVICES Over the counter ATM Deposits Machines Interbank Giro Internet Banking Things to remember!!! Keep your account numb and PINs confidential; Keep your account statements, passbook & ATM card in a safe & secure place ; Destroy or shred cancelled cheques

3. FINANCIAL MEDIATION BUREAU (FMB) Independent Body to settle disputes, complaints or claims between you and your financial service providers. Matters that will not be considered by FMB  Pricing  Product policies and services  Credit decision  Cases over 6 years  Cases under litigation MALAYSIA DEPOSIT INSURANCE CORPORATION (PIDM) Protect depositors against loss of deposits Automatic Protection Protects deposits in FIs regulated by BNM

4. ISLAMIC BANKING Follow Shariah Principles; Prohibits riba (interest), usury (trading in financial risk) and haram (unlawful business ventures); Follow Islamic concepts like profit sharing (mudharabah), safekeeping (wadiah), joint ventures (musharakah), cost plus (murabahah) and Leasing (ijarah). Islamic Banking is for all regardless of religious beliefs

5. BANKING INTERNET Secure banking i.Keep print out of transactions ii.Keep Login ID confidential iii.Change password regularly iv.Do not store Login ID and password in PC v.Make sure login at correct website vi.Do not leave computer unattended vii.Have anti virus protection viii.Always log out after each session ix.Don’t open other web browser while banking online

7. 7 7 Questions For Chapter 3