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Foreign Currency

Master Foreign Currency Account-i

An alternative form of investment/savings in the currency of your choice

  • Minimum deposit:

    USD 1,000

Features


  • MFCA-i is based on the contract of Qard (Loan) as of 7 October 2017. Qard refers to a contract of lending money by a lender to a borrower where the borrower is bound to repay an equivalent amount to the lender.
  • Available in more than 10 major currencies
  • Enjoy reduced costs on fund transfers and losses during currency conversions
  • Minimize the risk of currency fluctuations

How to apply

For everyone


For Personal/Joint accounts

  • Original Identity Card (IC) for Malaysians and Passports for foreigners

Please also bring along any of the following secondary supporting documents:-

  • Valid Passport (if IC is produced as a Primary document)
  • Valid driving licence
  • Utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice) in the name and address of the customer opening the account
  • Letter of employment
  • Credit card

Other Information


Service charge for credit/debit transaction (depending on the currency): USD$4 or its equivalent

Minimum of RM0.01 and maximum of RM50K per transaction

         

* Protected by PIDM up to RM250,000 for each depositor.

* Click here for PIDM's DIS Brochure.

Click here for Terms and Conditions


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