Nothing helps you sleep better at night than knowing you have money tucked away for an emergency.
What Is Amanah Liawm Mumtir?
Amanah Liawm Mumtir (ALM) is a safety net where you place a sum of cash in a trust that can be made available to your named Beneficiary (al-Mauhub Lahu) to manage expenses incurred by the Beneficiary upon the death of the Donor (Mudi’) during the Tenure of the Trust including but not limited to expenses in connection with the funeral costs, living costs, education fees and any debts due and owing by the Donor and/or the Beneficiary.
Quick Access To Emergency Cash
For Malaysian Individuals (PRs inclusive)
- Tenure : 36 Months
- Annual fee: 4.5% per annum
- Minimum MYR 10,000
Non-Malaysian Individuals
- Tenure : 36 Months
- Annual fee: 4.5% per annum
- Minimum MYR 200,000
For Companies, Associations and Cooperatives
- Tenure : 36 Months
- Annual fee: 4.5% per annum
- Minimum MYR 100,000
UBB Amanah Liawm Mumtir is your Safety Net
The UBB Amanah Liawm Mumtir is a Trust created by you wherein you place a sum of cash in a Trust. The said sum of cash will be made available to your named Beneficiary/ies in the event of your demise.
You need UBB Amanah Liawm Mumtir to access cash
It provides swift cash for expenses during emergencies in the event of your demise and to tide your family over until any insurance payout, until they have access to the money in your bank accounts or until the Will receives probate. This cash can also be used to pay any legal fees that may be required to access any inheritances and also to meet bereavement-related expenses.