Do I need to pay the bank to run the Moment Account?

No. There is no monthly maintenance charge for operating the Moment account. Opening and operating this account is free. The only deduction you could see in your Moment account is the mandatory Federal Government tax on interest payment which is a 10% withholding tax and 5% VAT that are deductible from the interest amount paid to you. These deductions are remitted to the relevant government agency.