Benefits

  • Available in more than 11 major currencies: Australian Dollar, Canadian Dollar, Chinese Renminbi, Euro Dollar, Hong Kong Dollar, Japanese Yen, New Zealand Dollar, Sterling Pound, Swiss Francs, Singapore Dollar, and US Dollar
  • An alternative form of investment/savings in the currency of your choice, particularly for your child's education overseas, travel, etc
  • Economical: enjoy reduced costs on fund transfers and losses during currency conversions
  • Stable: minimise the risk of currency fluctuations
  • Enjoy interest on Foreign Currency Deposits for Australian Dollar (AUD) of 1.00% p.a. and Chinese Renminbi (CNY) of 0.45% p.a., subject to a minimum balance outstanding. The interest rate is subject to changes.
  • Enjoy the convenience of remittance facilities at any of our branches as well as 700 correspondent banks worldwide
  • Free Personal Accident Insurance Coverage and discounts on traveller's cheques with FCA Plus

Services in Maybank2u

  • Easy access to account details and transaction history for FCA/MFCA individual/joint account holders with Maybank2u access.
    *This is not available for small business, partnership or sole proprietorship accounts
  • Allow customer to perform funds transfer from Master Foreign Currency Account (MFCA) and Foreign Currency Account (FCA) to own account.
From AccountTo AccountRemarks
Savings Account/ Current AccountMFCAAllowed
MFCASavings Account/ Current AccountAllowed
Savings Account/ Current AccountFCAAllowed
FCASavings Account/ Current AccountAllowed
FCAFCAAllowed (for same currency only)
MFCAMFCAAllowed
MFCAFCAAllowed (for same currency only)
FCAMFCAAllowed

Service Availability

  • Monday to Friday from 10:00am to 6:00pm
  • Not available on Saturday, Sunday and Public Holiday
  • Real time transaction

Transaction transfer limit

  • Minimum of RM0.01 and maximum of RM50K per transaction

Fees and Charges

  • Transaction charges is equivalent USD4.00

CurrencyCharges in Other Currencies
USDUSD 4.00
GBPGBP 2.50
AUDAUD 5.50
JPYJPY 400
HKDHKD 35.00
EUREUR 3.50
SGDSGD 6.00
NZDNZD 6.00
CADCAD 5.50
DKKDKK 24.00
SEKSEK 30.00
AEDAED 14.00
QARQAR 14.00
THBTHB 115.00
CHFCHF 5.00
CNYCNY 35.00


Currently, there are 16 currencies available for MFCA

Currency DenominationAbbreviation
Australian DollarAUD
Japanese YenJPY
Sterling PoundGBP
US DollarUSD
Hong Kong DollarHKD
New Zealand DollarNZD
Canadian DollarCAD
Danish KronerDEK
Swedish KronerSEK
Swiss FrancCHF
EuroEUR
Singapore DollarsSGD
Arab Emirates DirhamAED
Qatar RiyalQAR
Thai BhatTHB
Chinese Yuan RenminbiCNY

 

Who can apply

  • Malaysian residents
  • Non-residents


Interest rates

Currency
Interest rates
Minimum balance to earn interest
Individuals
Non-individuals
AUD
1.00% p.a.
AUD3,000
AUD10,000
CNY
0.45% p.a.
CNY20,000
CNY60,000
* With effect from 15 July 2010

Placement

A minimum deposit of USD5,000 or equivalent is required to earn interest. The placement period can be for 1, 2, 3, 4, 5, 6, 9 or 12 months.

View FCA/MFCA Deposit Rates

FCA Plus

With a minimum balance of RM5,000 (or equivalent) in your FCA/MFCA, qualify for FCA Plus, the account that meets your financial needs while you enjoy exclusive privileges.

Benefits

Free Personal Accident Insurance Coverage (for Malaysians aged 18 to 65 years old only; for joint account, the coverage is extended to only the primary account holder)

Insurance coverage

FCA/MFCA Balance
Death and Permanent Disablement benefits due to accidents
Accident medical expenses benefits
Compassionate
RM5,000 - RM20,000
RM25,000
RM200 per accident. Aggregate RM2,000
RM1,000
RM20,001 - 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
* Terms & Conditions apply

 

Required documents

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

Please choose a branch located near your home or place of work.


Fees & charges 

Service charge for credit/debit transaction depending on the currencies otherwise USD$4 or its equivalent will be levied

View all banking fees

 

 

Next steps

Call us

Got a question? Call our Customer Care hotline at
1300 88 6688, any time,
any day
 
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