Personal Banking | Business Banking

Foreign Currency Account

PB Foreign Currency Fixed Deposit Account /
PB Multi Foreign Currency Fixed Deposit Account

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

PB Foreign Currency Fixed Deposit Account (PB FCY FD) allows you to hold one currency in a single account.
PB Multi Foreign Currency Fixed Deposit Account (PB MFFD) allows you to hold up to twelve (12) foreign currencies in a single account.

Features	PB FCY FD	PB MFFD
Eligibility	Open to individuals and non-individuals.
Minimum Placement Amount per Receipt	RM10,000 equivalents for both individual and non-individuals.	Individuals: RM5,000 equivalents. Non-individuals: RM10,000 equivalents.
Tenure	1-Month, 3-Month, 6-Month and 12-Month.
Interest Earning	Interest is calculated based on actual number of days. Interest will be paid in the denomination of respective currencies upon maturity.
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 Renminbi, Canadian Dollar, Thai Baht.
Statement	Quarterly statement of account is provided in hardcopy or e-statement which is available via Public Bank’s online banking service (whichever applicable).
Foreign Currency Fixed Deposit (FCY FD) Receipt	FCY FD Receipt will be issued.	Individuals: FCY FD Receipt is not available. Confirmation Advice will be issued. Non-individuals: FCY FD Receipt will be issued.

PB FCY FD and PB MFFD 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.