Public Bank Foreign Currency Account
Enter foreign currency account.
Public bank foreign currency account. Minimum placement is rm10 000 in a single receipt for each type of foreign currency. No introducer is required to open the account. However if you re making a transfer in more commonly traded currencies other specialist money transfer companies can usually offer better exchange rates and lower transfer fees. Foreign currency accounts also known as multi currency accounts can be handy if you re a regular traveler draw an income in a currency other than us dollars usd or run a business using overseas suppliers.
Interest is calculated daily and credited at month end. In malaysia fca is an account denominated in currencies other than malaysia ringgit. Select foreign remittance click telegraphic transfer read through the terms conditions and click on accept select from account. Loan interest profit rates base lending rate.
Types of charges amount. Foreign currency current account no. Minimum initial deposit of usd1 000 or its equivalent in other foreign currencies is required to open the account. Enter the necessary information.
Public bank is a good option to transfer your money overseas especially if you re transferring exotic currencies that may not be readily available at some specialist money transfer companies. Click next click request pac now enter the pac number. Public bank a complete one stop financial portal offering a range of accounts credit cards loans deposits and other financial aids for our personal and commercial customers. Enjoy daily interest for selected currencies subject to meeting the minimum day end balance.
Foreign currency current account rates. Foreign currency account is an account maintained in a bank in another currency than the currency of the country in which the bank is located.