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Here's what PB Foreign Currency Account offers you:
- Choice of opening either a Foreign Currency Fixed Deposits Account or Foreign Currency Current Account, and therefore enjoy the flexibility of deciding whether to place your deposits for a short or medium term.
- Eligibility: All business entities and individuals.
- A choice of opening an account in the following major currencies:
| - New Zealand Dollar |
- Australian Dollar |
| - Pound Sterling |
- U.S. Dollar |
| - Euro |
- Japanese Yen |
| - Hong Kong Dollar |
- Swiss Franc* |
| - Singapore Dollar |
- Thai Baht* |
| - Canadian Dollar # |
- Chinese Renminbi ** |
| Notes: |
* only applicable to PB Foreign Currency Current Account |
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# only applicable to PB Foreign Currency Fixed Deposits Account |
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** only applicable to Individual customers |
- The account opening requirement and operations are subject to the guidelines under the Exchange Control of Malaysia Notices and Bank Negara Malaysia.
PB Foreign Currency Fixed Deposit
- Minimum placement is RM 10,000 in a single receipt for each type of foreign currency.
- Flexible
placement period, ranging from overnight to 12 months.
- Interest will be paid in the same currency as the one in your account upon maturity.
- Interest is calculated based on the actual number of days.
- For premature withdrawal, half of the original contracted interest will be paid for each of the completed day subject to a minimum placement of 15 days.
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- Latest interest rates
- Fees and Charges
PB Foreign Currency Current Account
- Minimum initial deposit of USD1,000 or its equivalent in other foreign currencies is required to open the account.
- No introducer is required to open the account.
- Enjoy daily interest for selected currencies, i.e. USD, GBP, AUD, EUR, HKD, NZD and CNY subject to meeting the minimum day end balance.
- Interest is calculated daily and credited as at every month end. It is paid according to the respective currency.
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- Latest interest rates
- Fees and Charges
For more information, please visit your nearest Public Bank branch or call free phone at 1-800-22-9999 during normal working hours.
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. THIS PRODUCT IS ELIGIBLE DEPOSIT FOR PROTECTION UNDER THE GOVERNMENT DEPOSIT GUARANTEE UNTIL 31/12/2010.
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