Multi Currency Account

17 Foreign Currencies and Precious Metals Investment in ONE account

RHB Multi Currency Account is the only interest-bearing account that offers customers the opportunity to hold up to 17 foreign currencies and precious metals such as Gold and Silver investment in ONE account.

This account is specifically designed for you to make short and long-term deposits, withdrawals in Ringgit and remittance in foreign currencies. It's ideal for both residents and non-residents, either company or individual and is available at any RHB branch in Malaysia.

You can view the latest currency rates here.

FEATURES
MORE

WIDE RANGE

OF FOREIGN CURRENCIES

MORE

PRECIOUS METALS

MORE

BENEFITS

MORE

DEPOSIT ACCOUNT TYPES

MORE

OTHER TERMS & CONDITIONS

Eligible for protection by PIDM, except for gold and silver. Click here for PIDM's brochure.

BEFORE YOU APPLY

Company Accounts

  • Export Proceeds Account (EXPA – Trade MCA)
    • For exporter only, to retain export proceeds
    • All foreign currency proceeds for export of goods are to be credited into Trade MCA only
  • Non-Export Proceeds Account (NEPA – Investment MCA)
    • For non-exporter to receive proceeds from all types of non-export invoices, consultation charges, services fees, royalty fees, dividends, rentals or any investment abroad proceeds;
    • Conversion from Ringgit to foreign currency as per Bank Negara Malaysia guidelines

Individual Accounts

  • Education & Employment Account (EDEA – Investment MCA)
    • Open to residents and non-residents
    • 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;
    • 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)
    • Open to residents and non-residents
    • For an 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.
HOW TO APPLY

COMPANY ACCOUNTS

  • Complete application and declaration form & 2 specimen signatures; and
  • Company/board resolution, M&A, Cert. Of Incorporation & Form 24 & 49

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 account either Savings or Current account with the domicile branch

Visit your nearest branch.