Multi Currency Account | RHB Malaysia

Multi Currency Account

Interest bearing account that holds up to 17 foreign currencies and precious metals such as Paper Gold and Paper Silver in ONE account.

Benefits

Allows you to manage a diversified currency portfolio in Malaysia, with the ability for conversion of foreign currency to another foreign currency. You can also convert foreign currency into Ringgit account or vice versa.
Undertaking of foreign currency funds from abroad and hedge against foreign currency fluctuations and to enjoy potential foreign exchange gain depending on market conditions.
Avoid double conversions for receivables and remittances to and from other countries.
Earn interest on short or long-term deposits with a consolidated monthly statement
All buying and selling of foreign currencies and precious metals can be performed via RHB Now Internet Banking or at your RHB domicile branch

List of Foreign Currencies and Precious Metals

US Dollar (USD)
Euro (EUR)
Singapore Dollar (SGD)
New Zealand Dollar (NZD)
Indonesia Rupiah (IDR)
Chinese Renminbi (CNY)
Japanese Yen (JPY)
Australian Dollar (AUD)
Swiss Franc (CHF)
South African Rand (ZAR)

Arab Emirates Dirham (AED)
Brunei Dollar (BND)
Pound Sterling (GBP)
Hong Kong Dollar (HKD)
Canadian Dollar (CAD)
Thai Baht (THB)
Saudi Riyal (SAR)
Paper Gold (GLD)
Paper Silver (SLV)

For more information on RHB MCA Precious Metals Investment click here

Click here for latest Multi Currency Account Conversion Rates

Choice of Accounts
You may invest in account type that suits your requirement:

Education & Employment Account (EDEA – Investment MCA)

For parents/individuals to manage educational funds in foreign currencies in Malaysia and overseas;
For resident individuals who are employed overseas to retain oversea salaries and investment funds from abroad;
For non-residents employed in Malaysia to retain foreign currency salary received from overseas or in Malaysia, inclusive of Ringgit conversion.

Individual (INDA – Investment MCA)

For resident/non-resident individual to retain investment funds from abroad, invest in foreign currency either from conversion of Ringgit, proceeds from overseas or foreign currency borrowing from a licensed onshore bank or non-resident;
For a resident without Domestic Borrowing, no limit applies for a conversion from Ringgit to Foreign Currency.

Choice of Deposit Types

Call Deposit

Minimum initial call deposit of

Foreign Currencies : USD1,000 or its equivalent
Precious Metals : Paper Gold – 5 grams ; Paper Silver – 300 grams

Interest rate calculated daily and credited at month end except for Gold and Silver investment
No minimum withdrawal amount

Term Deposit

Similar to fixed deposit;
Tenure ranging from 1 week to 12 months;
Minimum initial term deposit of USD2,000 or its equivalent
Interest paid upon maturity; and
No Term Deposit is allowed for paper gold and paper silver investment

Click here for latest Multi Currency Deposit Rates

RHB Multi Currency Visa Debit Card

First Multi Currency Account in Malaysia with a debit card
that allows you to transact with Ringgit Malaysia and up to 13 foreign currencies.

Stay unaffected by currency fluctuations
The exchange rates are locked in to protect your money from foreign currency fluctuations.
No Currency Conversion Fee*
Transact with your preferred currencies on overseas retail spend with no extra charges.
Attractive interest rate
Enjoy attractive interest rate on your account balance of selected currencies.
Safe and credible
Your deposit is protected by PIDM.
Instant Currency Conversion
Enjoy access to fast, simple and seamless online banking experience no matter where you are.

Click here to find out more

Terms & conditions

Stay unaffected by currency fluctuations
The exchange rates are locked in to protect your money from foreign currency fluctuations.
No Currency Conversion Fee*
Transact with your preferred currencies on overseas retail spend with no extra charges.
Attractive interest rate
Enjoy attractive interest rate on your account balance of selected currencies.
Safe and credible
Your deposit is protected by PIDM.
Instant Currency Conversion
Enjoy access to fast, simple and seamless online banking experience no matter where you are.

Click here to find out more

Terms & conditions

Where do I start?

Please fill in the fields below so we can get in touch with you.

Eligibility

Individuals aged 18 years old and above, non-profit organisations, sole proprietors/associations, clubs and societies

Terms and Conditions

How to Apply

Individual Accounts

Complete application and declaration form & 2 specimen signatures;
Identity card and/or passport;
For education purpose, to provide enrolment letter; or
For employment, to provide working visa

To open a Multi-Currency Account, it is compulsory to open a Ringgit Savings or Current Account with the domicile branch

All buying and selling of foreign currencies and precious metals can be performed via RHB Now Internet Banking or at your RHB domicile branch

Product Disclosure Sheet

RHB Multi Currency Account is protected by PIDM up to RM250,000 for each depositor. MCA Gold Investment and MCA Silver Investment are not protected by PIDM. Click here for PIDM's DIS Brochure.

RHB Malaysia

Multiple currencies in
ONE account.

Benefits

List of Foreign Currencies and Precious Metals

Call Deposit

Term Deposit

Where do I start?

Thank you for your submission

Multiple currencies inONE account.

Benefits

List of Foreign Currencies and Precious Metals

Call Deposit

Term Deposit

Where do I start?

Thank you for your submission

Multiple currencies in
ONE account.