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Foreign Currency

Master Foreign Currency Account

An alternative form of investment/savings in multiple foreign currencies of your choice

  • Minimum Investment:

    USD1,000

Benefits

  • Able to invest in 16 currencies (Australian Dollar, Canadian Dollar, Chinese Renminbi, Euro, Hong Kong Dollar, Japanese Yen, New Zealand Dollar, Sterling Pound, Swiss Francs, Singapore Dollar, US Dollar, Danish Kroner, Swedish Kroner, Arab Emirates Dirham, Qatar Riyal and Thai Bhat)
  • Enjoy reduced costs on fund transfers and losses during currency conversions
  • Minimize the risk of currency fluctuations
  • Enjoy the convenience of remittance facilities at any of our branches as well as correspondent banks worldwide
  • Free Personal Accident insurance coverage

         

* Protected by PIDM up to RM250,000 for each depositor.

* Click here for PIDM's DIS Brochure.

Services in Maybank2u

  • Allow customer to perform funds transfer from Master Foreign Currency Account (MFCA)to own account.
  • Service available only on Monday to Friday from 10:00am to 6:00pm
  • Real time transaction with a minimum of RM0.01 and maximum of RM50K per transaction
  • Transaction charges is equivalent USD4.00
From AccountTo AccountRemarks
Savings Account / Current Account MFCA Allowed
MFCA Savings Account/ Current Account Allowed
MFCA MFCA Allowed

Service Availability

  • Monday to Friday from 10:00am to 6:00pm
  • Not available on Saturday, Sunday and Public Holiday
  • Real time transaction

Transaction transfer limit

  • Minimum of RM0.01 and maximum of RM50K per transaction

Fees and Charges

  • Transaction charges is equivalent USD4.00
CurrencyCharges in Other Currencies
USD USD 4.00
GBP GBP 2.50
AUD AUD 5.50
JPY JPY 400
HKD HKD 35.00
EUR EUR 3.50
SGD SGD 6.00
NZD NZD 6.00
CAD CAD 5.50
DKK DKK 24.00
SEK SEK 30.00
AED AED 14.00
QAR QAR 14.00
THB THB 115.00
CHF CHF 5.00
CNY CNY 35.00


Currently, there are 16 currencies available for MFCA

Currency DenominationAbbreviation
Australian Dollar AUD
Japanese Yen JPY
Sterling Pound GBP
US Dollar USD
Hong Kong Dollar HKD
New Zealand Dollar NZD
Canadian Dollar CAD
Danish Kroner DKK
Swedish Kroner SEK
Swiss Franc CHF
Euro EUR
Singapore Dollars SGD
Arab Emirates Dirham AED
Qatar Riyal QAR
Thai Bhat THB
Chinese Yuan Renminbi CNY

Personal Accident Coverage

MFCA BalanceDeath and Permanent Disablement benefits due to accidentsAccident medical expenses benefitsCompassionate
RM5,000 - RM20,000 RM25,000 RM200 per accident. Aggregate RM2,000 RM1,000
RM20,001 - RM50,000 RM50,000 RM300 per accident. Aggregate RM3,000 RM1,500
Above
RM50,000		 RM75,000 RM300 per accident. Aggregate RM3,000 RM1,500
 *Terms & Conditions apply

Free Personal Accident Insurance Coverage (for Malaysians aged 18 to 65 years old only; for joint account, the coverage is extended to only the primary account holder)

How to apply

Open to all customers

Required documents for Personal/Joint account holders

  • Valid MyKad for Malaysians
  • Valid Passports for foreigners and other supporting documents required by authority according to the purpose of visit/stay in Malaysia

Already own a Maybank Master Foreign Currency Account?

Here’s how to access your account on Maybank2u:

  1. Log in to your Maybank2u account
  2. Click on the ‘WEALTH’ tab and select ‘Foreign Currency’ to view account
  3. Click ‘⋅⋅⋅’ and select ‘Buy’, ‘Sell’, ‘Transfer’ or view ‘Transaction History’
  4. To trade or transfer funds, key in the amount, then click ‘BUY’, ‘SELL’, or ‘TRANSFER’
  5. Check your details and click ‘CONFIRM’ to complete your transaction

Higher profit rates start here

 

Enjoy tiered interest/profit rates in your Private Banking Account or Private Banking Account-i  when you save and perform selected banking transactions.

Campaign Period: 1 February 2023 - 31 July 2023

T&C apply.


LEARN MORE

 

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