The booking of special rate via MRATES enables you to improve on the turnaround time in calling FX dealers for special rates and reduce the risk of double booking of special rates.
Money Market Deposit (MMD)
Money Market Deposit (MMD)
Available at competitive prices, with the assurance of investment returns.
Features
Deposits
- In a Repurchase Agreement, the bank sells its money market instruments approved by Bank Negara Malaysia to an investor, with an understanding to buy back the instruments at an agreed price (interest rate) on a specific future date.
Negotiable Instrument of Deposit (NID)
- A Negotiable Instrument of Deposit (NID) is a financial instrument issued by banks for the deposit of a specific sum of money for a fixed period of time at a prefixed interest rate.
- An NID can be bought or sold before the date of maturity.
Fixed Deposit
- A Fixed Deposit bears interest at an agreed rate based on a specific maturity date.
- The tenor may vary from 1 to 60 months.
- The minimum placement is RM5,000 for 1 to 2 months and RM1,000 for 3 months or longer.
- A fixed deposit earns higher interest than a savings account and offers protection from interest rate fluctuations.
Foreign Currency Account
- Maybank's Foreign Currency Account accepts currency deposits for major foreign currencies like USD, EURO and AUD, besides MYR deposits.
- Our worldwide branch networking and extensive correspondent banking relationships enable us to quote competitive pricing for tenors ranging from 1 day to 1 year.
Maybank's strong presence in the market enables us to offer investors interest-bearing investment products on outright sale basis, such as Banker's Acceptance (Maybank and other banks), Private Debt Securities (PDS), Malaysia Government Securities (MGS), Cagamas, Treasury and Bank Negara Bills.
Locate a branch
Find a Maybank branch nearby you