Dear Valued Customer,

Please be informed that Kuwait Finance House (Malaysia) Berhad (KFHMB/Bank) has decided to revise the KFH ICM Deposit -i existing product features. Effective 2 January 2025, the product features available are as follows:

In line with this decision, there will be no renewal for KFH ICM Deposit –i certificates with tenure of more than 3 months. Hence, please visit / walk in to any of the KFHMB branch prior to the maturity of your existing KFH ICM Deposit-i certificates to renew the Tenure under the new product features.

If we do not receive your instructions by the maturity date of your KFH ICM Deposit –i certificate(s), the Bank will proceed with closing your KFH ICM Deposit –i certificate(s) account as follows:

KFH ICM Deposit -i with KFH Current/Savings Account

The matured certificate will be closed and the amount in KFH ICM Deposit -i will be credited to your KFH Current/Savings Account.

KFH ICM Deposit –i without KFH Current/Savings Account

The payment of the KFH ICM Deposit –i will be remitted to your account with other banks via Interbank GIRO upon received of your instruction and bank account details.

We trust this letter serve as sufficient notice on the discontinuation of the KFH ICM Deposit –i existing product features and you shall take the necessary immediate action. We shall not be liable for any loss, damage or expense suffered or incurred by you or any person pursuant to the above. 

Should you have any questions or need further assistance, please do not hesitate to call our Contact Centre at 1300 888 534 (KFH) available from 8:00 am to 8:00 pm.

Thank you for your continued support and understanding.

Warm regards.

Yours faithfully,

For Kuwait Finance House (Malaysia) Berhad