Negotiable Instrument of Deposit (NID) denominated in Ringgit and issued by RHB Bank (authorised bank) as evidence for a minimum period of 1 month at negotiable rates up to 5 years.
Foreign Currency Negotiable Instrument of Deposit (FC-NID-USD) denominated in US Dollars for minimum 1-month tenure at negotiable rates up to 5 years.
RHB Multi-Currency Account is the only interest-bearing account that offers the opportunity to hold up to 17 foreign currencies and precious metals such as gold and silver in ONE account.
Treasury Money Market Time Deposit (abbreviation MMTD) is an Interest Bearing Deposit placed with RHB Bank Berhad in an uncollateralised form. MMTD ranks pari passu with other Deposits of the Bank.
Click here for our terms & conditions.
|Currency Type||Denominated in Ringgit Malaysian (RM)|
|Tenure||Minimum tenure 1 Day
Maximum tenure 364 Days
|Benefits||Flexibility in cash-flow management and an opportunity to invest in the short term money market with an attractive interest return|
|Depositor's Instruction||A written confirmation following any verbal instructions given|
|Early Redemption||No interest shall be given for any Deposit which principal is early or prematurely redeemed by the Depositor|
|Master Account Opening Form||Depositors who are placing MMTD Deposits for the first time is required to complete and sign the Master Account Opening Form|
To suit your investment requirements, RHB Bank can provide you the opportunity to invest in short and long-term instruments. Investment instruments can be divided into two categories :
Short-Term to Medium-Term
|Outright NID||1 month - 5 years||High||Bank Risk|
|MM Time Deposit||1 day – 364 days||High||Bank Risk|
|Bankers Acceptance||21 – 365 days||Not before maturity||Bank Risk|
|Cagamas Notes||30 – 364 days||Average||Cagamas Risk|
|Cagamas Bonds||3 – 7 years||Average||Cagamas Risk|
|MGS||3 – 7 years||Very Good||Sovereign Risk|
|PDS Commercial Papers||1, 2, 6, 12 months
(Rating : P1)
|Good||Corp Risk unless Bank Guaranteed|
|PDS Corporate||1 year & above||Average||Corp Risk unless Bank Guaranteed|
|Khazanah Bonds||3, 5, 7 years||Very Good||Implicit Government|
|Treasury Bills Notes||91 – 364 days||Good||Sovereign Risk|
|BNM Bills||91 – 364 days||Good||BNM Risk|
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RHB Banking Group also makes no warranties as to the status of this link or information contained in the website you are about to access.