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

TYPE OF TRANSACTION

MORE

DEPOSIT ACCOUNT TYPES

MORE

OTHERS

Eligible for protection by PIDM. Click here for PIDM's brochure.

BEFORE YOU APPLY

Company Accounts

  • Export Proceeds Account (EXPA)
    • For exporter only, to retain unlimited export proceeds
    • Allowed to merge with Non-export Proceeds Account
  • Non-Export Proceeds Account (NEPA)
    • For non-exporter to receive unlimited 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; and
    • Allowed to merge with Export Proceeds Account

Individual Accounts

  • Education & Employment Account (EDEA)
    • Sources of funds from Ringgit conversion or from overseas;
    • For parents/individuals to manage educational funds in foreign currencies in Malaysia, Labuan Offshore and overseas;
    • For resident individuals who are employed overseas to retain overseas 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; and
    • At any time, this account's outstanding balance cannot exceed USD150,000 in Malaysia, USD150,000 in Labuan Offshore and USD50,000 in overseas banks
  • Individual (INDA)
    • For an individual to invest in foreign currency either from conversion of Ringgit or proceeds from overseas;
    • No limit for residents on conversion from Ringgit to foreign currency if domestic borrowing is limited to ONE housing loan and ONE vehicle loan; and
    • Open to non-residents
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.