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1300 88 7000

(within Malaysia)

(603) 8317 5200

(outside Malaysia)

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Supplementary Notice on Foreign Administration Rules – Measures to Promote the Development of Malaysian Financial Market

The Supplementary Notice on Foreign Administration Rules issued by Bank Negara Malaysia (BNM) took effect on 5 December 2016. Under this Supplementary Notice, a resident exporter who receives foreign currency proceeds from the export of goods from 5 December 2016 onwards is allowed to retain only up to 25% of the export proceeds in foreign currency; the remaining 75% must be converted into Ringgit (“Ringgit Proceeds”).

Starting a new business?

The MYR Business Current Account helps you get started with low initial deposit and cheaper transaction rates.

Loans for your everyday business needs

Choose from a variety of loans to enhance working capital and expand your business.