Personal Banking | Business Banking

Foreign Currency Account

PB Foreign Currency Current Account /
PB Multi Foreign Currency Current Account

We offer two (2) types of foreign currency current account as follows:

PB Foreign Currency Current Account (PB FCY CA) allows you to hold one currency in a single account which is suitable for customers who do not transact in multi currencies.
PB Multi Foreign Currency Current Account (PB MFCA) allows you to hold up to twelve (12) foreign currencies in a single account.

Features	PB FCY CA	PB MFCA
Eligibility	Open to individuals and non-individuals.
Minimum Initial Deposit	USD1,000 equivalents.
Introducer	No introducer is required to open the account.
Interest Earning	Minimum day end balance is required to earn interest.	No minimum day end balance is required to earn interest.
	Interest is calculated daily and credited at month end. Interest will be paid in the denomination of the respective currencies.
List of foreign currencies available	New Zealand Dollar, Pound Sterling, Euro, Australian Dollar, U.S. Dollar, Japanese Yen, Hong Kong Dollar, Singapore Dollar, Swiss Franc, Chinese Renminbiˆ, Canadian Dollar, Thai Baht. ^ Placement of Chinese Renminbi by a company is only allowed for Trade Related purposes.
Transactions Charges	Subject to transaction charges.	No transaction charges.
Statement	For individual customers, quarterly statement of account is provided in hardcopy or monthly e-statement which is available via Public Bank’s online banking service (whichever applicable). For non-individual customers, monthly statement of account is provided in hardcopy or e-statement which is available via Public Bank’s online banking service (whichever applicable).

PB FCY CA and PB MFCA are protected by PIDM up to RM250,000 for each depositor.

WARNING

THERE IS AN INHERENT EXCHANGE RATE RISK IN FOREIGN CURRENCY DEPOSITS DUE TO THE FLUCTUATION OF THE FOREIGN CURRENCY EXCHANGE RATE AGAINST RINGGIT MALAYSIA.