Supplementary Notice on Foreign Exchange Administration Rules - Foreign Currency Export Proceeds

 

Dear Valued Customer,

We refer to the Supplementary Notice on Foreign Exchange Administration (FEA) Rules announced by Bank Negara Malaysia (BNM) on 2 December 2016 and to a BNM notice dated 14 December 2017 on the Special Deposit Facility (SDF).
 
In accordance with BNM’s said notice dated 14 December 2017, kindly be informed that your Special Deposit Facility will end on 31 December 2017. Further to this, no new proceeds are to be placed into the SDF/SDF-i account after 31 December 2017 and any new proceeds will be credited to your main operating account.
 
For the existing balances in your SDF/SDF-i account, the interest/profit rate of 3.25% per annum shall be revised to 3.10% per annum. These balances shall continue to enjoy an interest/profit rate of 3.10% per annum from 1 January 2018 until 31 March 2018. You are free to withdraw the funds in the SDF/SDF-i account as per current arrangement.
 
After 31 March 2018, all the balances in your SDF/SDF-i account will be transferred into your main operating account.
 
Should you require any further information or clarification, kindly contact:
 
​Contact Centre ​Business Hours
​Tel         :   +603 2178 3188
Email     :   e-ambizcare@ambankgroup.com
​Monday to Thursday:     8.45am to 7.00pm
Friday:     8.45am to 6.00pm
 

Thank you for banking with us.