The Visa Platinum credit card now rewards you with a great increase of points. View Latest Market Insights. Whether you are looking for an investment opportunity, to pay for your child's education overseas, or an international business venture, this account is the perfect answer. Features Details FAQs Useful Information. There are many reasons why you would need a Foreign Currency Deposit.

Whether you are looking for an investment opportunity, to pay for your child's education overseas, an international business venture or if you earn a regular income in foreign currency, this account is the perfect answer. You can choose to invest in either or both:. With over years of banking expertise in over 70 countries across Asia Pacific, the Middle East, Africa, Europe and the Americas, you'll have peace of mind in knowing your funds are in good hands.

It's a win-win situation. Whether you want to maintain or remit your funds in your selected foreign currency or convert at a favourable exchange rate, you can be assured that help is at hand for whatever your needs.

For those who are always on the move, you'll be able to view your transaction details via Online Banking anytime, anywhere. The same procedure applies as opening a normal savings or fixed deposit account.

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However, in order to open a Foreign Currency Fixed Deposit Account, you must first open a Foreign Currency Savings Account. No, there are no restrictions. Residents and non-residents are free to open Foreign Currency Deposit for any purpose. Terms and Conditions apply. The Bank reserves the right to amend the facilities, and terms and conditions without notice.

Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime.

Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.

Need to learn more about our offerings — our expert consultants are online and ready to assist. How would you like to chat with us? This is to inform that by clicking on the hyperlink, you will be leaving www. Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website.

In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail. Proceed to third party website. IT security researchers have recently discovered a vulnerability in a software that is commonly used in Unix and Linux operating systems to execute commands from applications. This vulnerability could allow an attacker to gain control over an affected machine, access confidential information and perform unauthorised activities.

The Bank has carried out investigations and found no vulnerability in our systems. We will continue to monitor our systems and the external environment to take necessary action if a threat is detected. This link brings you to a third party Website, over which Standard Chartered Bank has no control "3rd Party Website". Use of the 3rd Party Website will be entirely at your own risk, and subject to the terms of the 3rd Party Website, including those relating to confidentiality, data privacy and security.

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This link brings you to a third party Website, over which Standard Chartered Bank Malaysia Berhad "the Bank" has no control "3rd Party Website". Use of the 3rd Party Website will be entirely at your own risk, and subject to the terms of the 3rd Party Website, including but not limited to those relating to confidentiality, data privacy and security.

The Bank makes no warranties, representations or undertakings about and does not endorse, recommend or approve the contents of the 3rd Party Website. In addition to the terms stated in the Bank's Important Legal Notices , the Bank shall have no responsibility or liability in connection with the content of or the consequences of accessing the 3rd Party Website, including any virus arising from or system failure associated with the 3rd Party Website.

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Education Secure your children's future PRUmy kid PRUsignature PRUaspire. Manage your foreign currency requirements. Foreign Currency Deposits Whether you are looking for an investment opportunity, to pay for your child's education overseas, or an international business venture, this account is the perfect answer. Range of Currencies With 8 major currencies to choose from, you'll have more opportunities to diversify. Greater Flexibility Maintain or remit funds in a selected currency or convert at a favourable exchange rate with us.

Greater Convenience View your transaction details via Online Banking anytime, anywhere. Details There are many reasons why you would need a Foreign Currency Deposit. You can choose to invest in either or both: Foreign Currency Savings Account that gives you the flexibility to access your funds anytime as there is no lock-in period Eligible for protection by PIDM Foreign Currency Fixed Deposit Account that earns you attractive interest rates with a choice of tenure from 1 week to 12 months Eligible for protection by PIDM With over years of banking expertise in over 70 countries across Asia Pacific, the Middle East, Africa, Europe and the Americas, you'll have peace of mind in knowing your funds are in good hands.

What are the benefits of Foreign Currency Deposits? Convenience For those who are always on the move, you'll be able to view your transaction details via Online Banking anytime, anywhere. FAQs Who is classified as a Resident or a Non-Resident? A resident is classified as: Malaysian citizens, excluding those who hold a foreign PR and reside abroad Non-citizens of Malaysia who have obtained PR status and resides in Malaysia A non-resident is classified as: Any person other than a resident A Malaysian citizen with PR abroad and resides abroad How do I open a Foreign Currency Deposit?

RHB Banking Group - Multi Currency Account

Are there any restrictions when you open a Foreign Currency Deposit? What are the benefits of opening a Standard Chartered Foreign Currency Deposit?

Save on foreign exchange losses that would arise from the exchange conversion process Get preferential FOREX rates from our dedicated Retail Treasury Desk Dealers Earn attractive interest rates on your deposits Flexible placement tenures for your funds. Useful Information Liberalisation on the Foreign Exchange Administration Policies Frequently Asked Questions Fees and Charges Banking Agreement Online and SMS Banking.

Call Us Call our hotline for further information. Contact Me Alternatively, please complete our contact form and we will be in touch as soon as possible. Locate Us Visit the branch that is nearest to you.

You might also be interested in Premium Currency Investment Gold Reap the benefits of gold or USD with Premium Currency Investment Gold. Premium Currency Investment Dual-currency investments offer potentially higher returns. Unit Trust Access the widest range of unit trusts in Malaysia. Investment Suite Make a gradual, disciplined entry into the market with Investment Suite.

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