FOREIGN CURRENCY TIME DEPOSIT
Make your extra foreign currencies work with returns
Deposit your foreign currencies over a period and earn interest.
Low initial deposit
Place a time deposit with a low initial amount (depending on currency).
Flexible investment periods
Take your choice of investment period from 1 week to 12 months.
Up to 8 currencies available
USD, AUD, EUR, CAD, GBP, JPY, NZD, SGD.
Let your time deposit renew automatically
Grow your money by renewing automatically with earned interest or credit the interest earned to your business account upon maturity.
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Eligibility requirements
Business registration
All businesses including SMEs as defined by the SME Corporation Malaysia are welcomed to apply
Premature withdrawal
No interest will be paid for any withdrawals made prior to maturity
Terms and conditions
Transaction Banking Terms & Conditions (EN)
Transaction Banking Terms & Conditions (BM)
Accounts and Services Main Terms & Conditions (EN)
Accounts and Services Main Terms & Conditions (BM)
If you do not understand any of the terms used here, please speak to our bank officers, representatives or agents, or contact us at 603-8317 5200. We'll be glad to help.
Important notices
Protected by PIDM up to RM250,000 for each depositor.
This deposit is an eligible deposit insured by the Malaysian Deposit Insurance Corporation (PIDM). PIDM insures eligible deposits for up to RM250,000 per depositor per bank. The RM250,000 limit includes both the principal amount of a deposit and the interest/ return. Islamic and conventional deposits are eligible for a separate coverage limit of RM250,000.
- Deposit protection is automatic
- PIDM protects depositors holding deposits with banks
- There is no charge to depositors for deposit insurance protection
- Should a bank fail, PIDM will promptly reimburse depositors over their deposits
For more information, please refer to the PIDM information brochures that are available at our counter or go to website at www.pidm.gov.my.
Get your Business Foreign Currency Time Deposit today with us
or call us at +603 8317 5200 to know more.
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