Here’s how to purchase Precious Metals via RHB Now Internet Banking
YOUR PORTFOLIO GROWTH AT RHB
Visit any RHB Branch to open an account
Start your investments right away
For details please refer to Product Disclosure Sheet, alternatively please talk to your relationship manager or visit the nearest RHB Branch.
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Disclaimer: The returns of RHB's MCA Precious Metals Investment are subject to Gold and Silver price fluctuation. Customers are advised to read and understand the product disclosure sheet before making any investment. MCA Gold Investment and MCA Silver Investment are not protected by PIDM.
What is RHB Multi Currency Account (MCA) Precious Metals Investment?
The RHB MCA Precious Metals Investment basically allows company or Individual to invest in paper form of precious metals that is Gold and Silver. These precious metals investments will be managed under the current RHB MCA. With RHB MCA, customers can now invest in Gold and/or Silver alongside 17 foreign currency deposits, making RHB MCA truly a diversified "one account".
What are the salient features of RHB MCA Precious Metals Investment?
Ideal for residents and non-residents
For companies or individuals
Simple Over-the-Counter application
Affordable as we calibrate the US dollar Gold and Silver market in ounces into smaller grams in Ringgit investment. Please click on Precious Metals Exchange Rate offered by RHB
Flexible initial purchase and subsequent investment: - Gold: Individual – 5 grams; Company – 50 grams - Silver: Individual – 300 grams; Company – 1,000 grams
Company & Individual MCA can now be used to invest in Gold and/or Silver with no minimum or maximum limit to be maintained in the MCA Account
Consolidated monthly statement
Convenient balance checking at your finger tips via RHB Now Internet and Mobile Banking
What are my benefits of investing in RHB MCA Precious Metals Investment?
Potential higher returns from appreciating Gold and Silver prices
Best possible hedges against inflation
Competitive Gold and Silver exchange prices quoted by RHB
Resolve physical Gold and Silver storage and insurance requirements
Affordable avenue for investment portfolio building and diversification
No withholding tax and brokerage fee
I am an existing MCA account holder, how should I start investing and what should I do?
You can start investing immediately by visiting your RHB domicile branch. Same procedures apply as buying US Dollars and depositing into your Multi Currency Account.
I am interested to invest in Precious Metals i.e. Gold and/or Silver but have no account with RHB, what should I do?
Visit any RHB Bank branch nationwide to open a Multi Currency Account and a Ringgit Savings or Current Account. Once these accounts are activated, you can start investing in Gold and/or Silver as well as in 17 types of foreign currencies below: