Touch n’ Go (TnG) Digital today has officially introduced seamless digital account opening for Amanah Saham Nasional Berhad (ASNB) via TnG eWallet, making it the first of its kind in Malaysia to offer the onboarding process. With this, users can now easily register for a new ASNB account directly through the platform, eliminating the need for physical branch visits.
According to TnG Digital, the entire process will only take approximately one minute to complete. To register, first open up the TnG eWallet app and tap on “Grow your money” or “GOinvest”. After that, select “”ASNB”, tap on “Start Now”, and then on “Register Now”. Here, fill in and verify your personal details, and perform an initial minimum investment of RM10 into your preferred Fixed Price Funds or Variable Price Funds.
Additionally, TnG Digital is offering first-time investors a rebate of RM1 for opening an ASNB account through the TnG eWallet. However, do take note that this promotion is only running for a limited time and is slated to end on 30 June 2024.
In case you missed it, ASNB kicked off its partnership with TnG eWallet back in August last year, enabling users to quickly and directly make an investment in any of the former’s 17 unit trusts, alongside GOinvest’s nine existing unit trusts. Through the e-wallet, users can access their ASNB account as well as their dependents’ to view their last five transactions, in addition to topping up existing funds and investing in new funds.
With this recent addition, the only service unavailable via the eWallet is the ability to redeem their investment. For this, users are still required to utilise ASNB’s app, by visiting its counters, or process it through banks. As disclosed by its FAQ page, TnG charges a RM1 service fee every time you invest in a fixed-price fund, and a sales charge of between 1% to 2% is imposed for variable-price funds.
(Source: TnG Digital press release)
