1. What is Auto Labur?

Auto Labur allows ASB investors to set a fixed monthly investment automatically through the myASNB portal (www.myasnb.com.my).

2. What is the minimum and maximum amount of monthly investment that can be done through Auto Labur?

The minimum amount is as low as RM30.00 while the maximum amount is RM30,000.00.

3. Are there any charges for using the Auto Labur facility?

No charges are involved for this facility.

4. Why is there a RM1 deduction from my ASB Account during the registration, updating (date of deduction & debit amount) and termination
in the Auto Labur facility?

The RM1 deduction is for verification purposes by your bank. For every successful registration and updating transaction date, the money will be deposited into your ASB account and if it fails, it will be returned to your bank account within 10 working days. For the termination, the money will be deposited into your bank account within 10 working days.

5. How long will it take before my monthly investment instruction will start to take effect?

The Auto Labur instruction will be activated within 48 hours. Once activated, the monthly investment that you set will automatically take effect according to the selected date.

7. Can I change the date of the investment that I have set earlier?

Yes.

8. Can I terminate my investment instruction through Auto Labur?

Yes. You can terminate the investment instruction through Auto Labur any time.

9. What are the operation hours for Auto Labur registration?

The operation hours for Auto Labur registration follow the current operation hours of myASNB portal which are as follows: 7.00am - 6.00pm: Sunday to Friday and every third Saturday of the month, excluding public holidays.

10. When will my monthly investment be credited into my ASB account through Auto Labur?

Your monthly investment will be credited within 5 working days after your selected date of deduction.



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