All interest / dividend rates quoted may change without prior notice. Please contact the nearest Maybank branch for the latest rates

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 correspondent banks worldwide
  • Free Personal Accident Insurance Coverage

Note:
For Trade MFCA, 75% of all export proceeds of goods credited via Inward Telegraphic Transfer (IWTT) will be credited back into customer's MYR account. Please refer to terms and conditions for details.


Services in Maybank2u

  • Easy access to account details and transaction history for 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) to own account.
From AccountTo AccountRemarks
Savings Account / Current AccountMFCAAllowed
MFCASavings Account/ Current AccountAllowed
MFCAMFCAAllowed

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 KronerDKK
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 from 1 - 12 months subject to currencies

View FCA/MFCA Deposit Rates


FCA Plus

With a minimum balance of RM5,000 (or equivalent) in your 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)
  • MFCA holders with a minimum balance of RM5,000 or its equivalent in the MFCA at the time of transaction, are entitled for the FCN special rates

Insurance Coverage

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. For passport, other supporting documents that may be required are valid working/student permit, valid visa, letter of confirmation from Employer/Education Institutions (whichever is relevant)

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

* The Malaysian Goods & Services Tax (GST) will be imposed on all fees/charges charged by the Bank where applicable effective 1st April 2015 at the current prevailing rate.

View all banking fees