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| Foreign Currency Account |
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Eligible for protection by PIDM
Foreign Currency Accounts are accounts denominated in currencies other than Malaysian Ringgit.
There are 2 types of products:
i. Foreign Currency Fixed Deposit
ii. Foreign Currency Current Account
| Why this Account? |
Opportunity to invest globally without a fixed term period |
An alternative form of investment with potentially higher rate. |
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| Tenure |
NA |
1 week, 1,2,3,6 and 12 months |
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| Interest |
NA |
Interest as per board rate |
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| Minimum deposit |
Nil |
Individual – RM10,000
Non-individual – RM50,000 |
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