Foreign Currency

Master Foreign Currency Account-i

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

  • Minimum Deposit - Corporates Account:

    Any amount

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


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

*Click here for PIDM's DIS Brochure.

Click here for Terms and Conditions 

 

How to apply


For Corporate Accounts

  • Memorandum and Articles of Association certified by the Secretary of the company.
  • Certificate of Incorporation (The original copy must be sighted)
  • A list of all Directors and Secretary together with their home addresses (form 49)
  • Resolution of the Board of Directors to open and operate the account (to complete our form).
  • Other relevant documents upon request by the Bank.

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



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