Here's what Foreign Currency Fixed Deposit Account offers you:
- Deposit in Malaysian Ringgit (RM) is not permitted.
- The account opening requirement and operations for Malaysian residents are subject to the guidelines under the Foreign Exchange Administration Rules and Bank Negara Malaysia.
- Flexible placement period, generally ranging from one month to 12 months.
- Interest will be paid in the same currency as the one in your account upon maturity.
- Interest is calculated either on a 360 or 365 days/year basis, depending on the currency of the deposit.
- For premature withdrawal, breakfunding cost will apply subject to a minimum charge of USD20 or the equivalent in the respective currency.
Major Currency Supported
- Australian Dollar
- Brunei Dollar
- Canadian Dollar
- Chinese Renminbi
- Euro
- Hong Kong Dollar
- Japanese Yen
- New Zealand Dollar
- Pound Sterling
- Singapore Dollar
- Swiss Franc
- Thai Baht
- U.S. Dollar
