Master Foreign Currency Account-i

• MFCA-i is based on the contract of Qard (Loan) as of 7 October 2017. Qard refers to a contract of lending money by a lender to a borrower where the borrower is bound to repay an equivalent amount to the lender.
• Available in more than 10 major currencies
• Enjoy reduced costs on fund transfers and losses during currency conversions
• Minimize the risk of currency fluctuations

For Personal/Joint accounts

• Original Identity Card (IC) for Malaysians and Passports for foreigners

Please also bring along any of the following secondary supporting documents:-

• Valid Passport (if IC is produced as a Primary document)
• Valid driving licence
• Utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice) in the name and address of the customer opening the account
• Letter of employment
• Credit card

Service charge for credit/debit transaction (depending on the currency): USD$4 or its equivalent

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

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

* Click here for PIDM's DIS Brochure.