Direct Debit Authorisations DDA

Direct Debit Authorisation (DDA)

DDA is an authorisation to the bank of your choice to deduct a predetermined amount of money to be transferred into the unit trust fund of your choice.

For example, you can choose to transfer as little as RM100 on a monthly basis. The amount and frequency of investments will depend on your financial means and investment goals.

Find out how you can invest hassle-free with DDA!

How does it work?

DDA Step 1

Sign Up for DDA

Investor A signs up for a monthly DDA of RM1,000 into Fund X.

DDA Step 2

Bank Instruction

A standing instruction is given to the bank.

DDA Step 3

Auto-Transfer

A fixed amount of RM1,000 will be transferred from his bank account to Public Mutual on a fixed date every month.

DDA Step 4

Money Invested Regularly

The money will be invested in his Fund X account, regardless of the unit price.

You may sign up for DDA via Public Mutual Online (PMO). Just follow these simple steps:

  1. Log in to Public Mutual Online (PMO) and click ‘DDA’ in the menu bar.
  2. Select an account that you wish to sign up for DDA.

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