The Shariah contract of FCA-i & MFCA-i will change to Wadiah contract with effect from 16 June 2015

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 dividends calculated daily and credited monthly basis.
  • 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 AccountMFCA-iAllowed
MFCA-iSavings Account/ Current AccountAllowed
Savings Account / Current AccountFCA-iAllowed
FCA-iSavings Account/ Current AccountAllowed
FCA-iFCA-iAllowed (for same currency only)
MFCA-iMFCA-iAllowed
MFCA-iFCA-iAllowed (for same currency only)
FCA-iMFCA-iAllowed

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

  • Individuals and non-individuals, depending on the type of FCA applied for
  • Export proceeds - for resident exporters and Approved International Procurement Centre (AIPC)
  • Other receivables - for resident individuals and corporations (with or without domestic borrowings) and non-resident individuals and corporations
  • Education and employment abroad - for resident individuals

Indicative Dividend rates (%)

Click here for FCA-i & MFCA-i Indicative Dividend rates

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

Enjoy free Personal Accident Takaful coverage with the following account balance:

Account 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
 

 

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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