Dual-currency investments offer potentially higher returns.


All you have to do
  1. Choose a base currency
  2. Choose another currency as your alternate currency
  3. Agree on a Target Conversion Rate (TCR) to be applied between the two currencies
  4. Decide on your placement tenure

On maturity, you will receive both the principal amount and coupon amount in either the alternate currency (to be converted at TCR) or the base currency.

This investment is ideal for you when

You wish to enjoy higher potential earnings in either currencies

  • Enjoy potential high yield
    Earn coupon that is potentially higher than the conventional fixed deposit interest in your base currency.

  • Take advantage of a weaker currency
    If you are holding a currency that may be weakening against an alternate currency, take this opportunity to receive a higher interest rate, which may act as a buffer against the fall in value of the currency you are holding.

You seek superior pricing and service

  • Real-time pricing for better informed investment decision-making
    Gain the flexibility to potentially gain from foreign currency movements.

You want control over your investments

  • Choice of currency
    Within our range of available currency selection, you decide on the base and alternative currency pairing from the following currencies:

    • Australian Dollar
    • Euro Dollar
    • Japanese Yen
    • New Zealand Dollar
    • Pound Sterling
    • US Dollar
  • Choice of tenure
    Take advantage of tenures as short as one week, two weeks or a month.

  • Choice of investment amount
    Your investment amount can be as small as MYR50,000* (or equivalent).

    This product is made available only to individuals with (1) net personal assets exceeding RM3million or its equivalent in foreign currencies, (2) gross annual income exceeding RM300,000 p.a. or its equivalent in foreign currencies (3) total net joint assets with spouse exceeding RM3million or its equivalent in foreign currency excluding the value of their primary residence, (4) total joint gross annual income with spouse exceeding RM400,000 p.a. or its equivalent in foreign currencies; OR corporate/partnership that has total net assets exceeding RM10million or its equivalent in foreign currency as at the last day of that financial year.

    *The minimum investment amount is RM50,000 (SCB's requirement).

How does Premium Currency Investment work to your benefit?

Step 1:

Let's assume you have funds of MYR250,000 and you do not mind holding New Zealand Dollars (NZD).

Step 2:

Let's say the Reference Exchange Rate on the trade date between these two currencies (NZD/MYR) is 2.4769. However, preferring to be more conservative, you set a Target Conversion Rate (TCR) of 2.4680.

Step 3:

You don't need the funds for the next 2 weeks, so you choose a 14-day tenure. At this stage, we will inform you of the confirmed interest rate you will enjoy. Let's assume it is 15% p.a. for this example.

Step 4:

On Fixing Day (2 business days before maturity), we will determine whether your funds plus the confirmed interest will be repaid in MYR or NZD.

Scenario 1 Scenario 2
MYR weakens against NZD compared to the TCR you have set. It now trades at 2.4900 MYR strengthens against NZD beyond the TCR you have set. It now trades at 2.45000
You will receive your funds + 14 days' interest in MYR

MYR250,000 + (14/365 x 15% x MYR250,000) = MYR251,438****

****Figure has been rounded to the nearest MYR
You will receive your funds +14 days' interest in NZD converted at TCR of 2.4680

[ RM250,000 + (14/365 x 15%x RM250,000) ] / 2.4680 = NZD101,879*****1

*****Figure has been rounded to the nearest NZD

1 The actual profit / shortfall is dependent on the relevant price NZD / MYR at expiration


The transaction details above are only indicative of an investment made in MYR referencing to NZD and is purely for illustration purpose only. The Day Count Fraction and the correlation between the spot rate and the Target Conversion Rate (TCR), which determines the redemption amount and currency of the pay out at maturity, may differ from the indicative transaction details above depending on the currency pair of your investment.

What are your available options if your base currency is converted to the alternate currency?

For example if your MYR is converted into NZD:

  1. You can place your NZD in a time deposit account. This way, you enjoy a higher interest rate than most MYR fixed deposit accounts2.
  2. You can wait for the NZD to appreciate back to 2.4680 or higher and then decide if you want to convert the funds back to MYR.
  3. You can remit the funds to New Zealand for your personal use, e.g. to pay for your child's overseas tuition fees.
  4. You can open another Premium Currency Investment account with NZD as your base currency and MYR as the alternate currency, to potentially earn another round of higher interest rates. You may again set the TCR at the same level of 2.4680.

2 Source: Standard Chartered Bank, Financial Markets

Learn more »


    • What is Premium Currency Investment (PCI)?

      A Premium Currency Investment is a dual-currency investment that is non-principal protected. It offers the investor the potential for an enhanced rate of return.

    • What is the minimum age to invest in PCI?

      An investor must be at least 21 years of age and above to be eligible to invest in PCI.

    • Who can invest in a PCI?


      • Malaysian citizens, excluding those who hold a foreign PR and reside abroad
      • Non-citizens of Malaysia who has obtained PR status and resides in Malaysia

      Non residents

      • Any person other than a resident
      • Non-citizens of Malaysia who have obtained PR status and reside in Malaysia

Learn more »

Terms and conditions apply. The Bank reserves the right to amend the facilities, and terms and conditions without notice.

Premium Currency Investment is not a deposit but an investment product. Unlike traditional deposits, Premium Currency Investment has an investment element and returns may vary. The return on Premium Currency Investment will be dependent, to at least some extent on movements in specified currency exchange rates. Currency exchange rates are affected by a wide range of factors, including national and international financial and economic conditions and political and natural events. The effect of normal market forces may at times be discounted by interventions by central banks and other bodies including foreign exchange controls being imposed. At times, the exchange rates and prices linked to such rates may rise or fall sharply. Such rise and fall in rates can result in a loss on the principal sum (in comparison with the amount of the base currency initially invested) if the proceeds are paid at maturity in the alternate currency. This document does not constitute any recommendation that any person enters into any transaction described or any similar transaction and must be read in conjunction with the Currency Linked Deposit Customer Agreement. You may wish to seek advice from a licensed or an exempt financial adviser before making any commitment to invest in this product. In the event that you choose not to seek advice from a licensed or exempt financial adviser, you should carefully consider whether this product is suitable for you.



(Not insured by PIDM)

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