 |
 |
| products & services :: consumer deposit products > maybank individual foreign currency account |
 |
 |
 |
|
Residents or non-residents can now open and maintain
Foreign Currency Account (FCA) with any of our branches.
The FCA is available in more than 10 major currencies.
It provides you an additional option to save consistently
in the currency of your choice for whatever purposes
- your child's education overseas, travel, investment
etc. It also benefits Malaysian residents employed
abroad and earning regular income from overseas or
non-residents who are employed in Malaysia.
FCA lets you purchase or retain receivables in major
currencies to protect against currency fluctuations.
Foreign Currency Account
You will require a minimum of USD1,000 or the equivalent
to open an account.
Individuals and Non-Individuals (Company) of Foreign
Currency Account customers are entitled to enjoy interest*
on Foreign Currency Deposits under US Dollar (USD),
Australian Dollar (AUD), Euro (EUR) and Pound Sterling
(GBP) currencies subject to a minimum balance outstanding
as follows :
| Currency |
Interest
Rate
|
Minimum Balance
to earn Interest |
Individuals |
Non-Individuals |
| AUD |
3.0% p.a |
AUD3,000 |
AUD10,000 |
| EUR |
1.5% p.a |
EUR3,000 |
EUR10,000 |
| GBP |
2.0% p.a |
GBP3,000 |
GBP10,000 |
| USD |
0.5% p.a |
USD3,000 |
USD10,000 |
* Subject to 5% withholding tax
Placement
A minimum deposit of USD5,000 or the equivalent is
required to earn interest. The placement period can
be for 1, 2, 3, 4, 5, 6, 9 or 12 months.
Eligibility
| |
 |
Non-residents |
| |
 |
Malaysian
residents |
Features & Benefits
FCA Plus. More Benefits.
With our Foreign Currency Account (FCA), you've been
enjoying the ease and economy of foreign fund transfers.
But now, we're offering you even more benefits with
that!. From 22nd June, 2006 with a minimum balance
of RM5,000 (equivalent) in your FCA, you will qualify
for FCA Plus, the account that meets your financial
needs while you enjoy these exclusive privileges.
| |
 |
FREE Personal Accident
Insurance Coverage |
| |
 |
Receive Personal Accident
Insurance Coverage absolutely free! And the more
you save, the more coverage you get. |
| |
|
|
| |
|
| FCA Balance |
Death and Permanent
Disablement Benefits due to Accidents |
Accident Medical Expenses
Benefits |
Compassionate Cash
for Accidental Death |
RM5,000 to
RM20,000
|
RM25,000 |
RM200 per accident. Aggregate
RM2,000 |
RM1,000 |
RM20,001 to
RM50,000
|
RM50,000 |
RM300 per accident. Aggregate
RM3,000 |
RM1,500 |
Above
RM50,000
|
RM75,000 |
RM300 per accident. Aggregate
RM3,000 |
RM1,500 |
|
| |
|
Coverage age limit: 18-65 years
old. Terms and conditions apply. |
| |
|
|
| |
|
ENJOY 25% DISCOUNT on service
charge for Traveller’s Cheque
You are eligible for 25% discount on service charge
for Traveller’s Cheques valued above RM2,000.
|
| |
|
|
| |
|
ENJOY 25% DISCOUNT on service
charge for Telegraphic Transfers
You are eligible for 25% discount on service charge
for Telegraphic Transfers in any amount.
Subject to debiting FCA account.
|
To find out more, call us at 1-300 88 66 88 or visit
our branches.
Questions? Our FAQ
may help.
|
 |
|
 |
|