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Limited-time offer for your foreign currency needs

4.20% p.a. for 3 months on your USD Deposit Account*

Deposit and maintain a minimum Incremental Average Balance of USD 100,000

Special rate^ of up to 4.00% p.a. on Fixed Deposits

Tenures of 3 to 9 months in USD/GBP/AUD/SGD

Tap into global currencies with attractive Foreign Currency rates

FCY

*USD Deposit Account

Earn 4.20%p.a. for 3 months (92 days) in your USD Current/Savings Account. Deposit and maintain a minimum Eligible Incremental Average Balance of USD100,000.

Fixed Deposits Special Rate

^Fixed Deposits Special Rate

Enjoy 4.00%p.a.* on USD and GBP, 3.50% p.a.* on AUD and 1.20% p.a.* on SGD for 3 to 9 months Fixed Deposits with a minimum of 100k in foreign currency fresh funds. Valid until 31 October 2025.

  • Additional Information Additional Information

    Speak to your Relationship Manager or visit your nearest branch to find out.

    Eligible currencies are AUD, GBP, SGD and USD.

    *The rates displayed are indicative for the month and subject to changes without prior notice.

  • Additional Information Additional Information

    Speak to your Relationship Manager or visit your nearest branch to find out.

    Eligible currencies are AUD, GBP, SGD and USD.

    *The rates displayed are indicative for the month and subject to changes without prior notice.

Wide range of currencies

Wide range of currencies

Foreign currency accounts are available in 11 major currencies, giving you greater opportunities to diversify your portfolio.

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Send money abroad at ZERO fees to selected countries via Online Banking or SC Mobile app.

Other attractive Foreign Curency Deposits features

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A Foreign Currency (FCY) Deposits Account can be either a Foreign Currency Savings Account or a Foreign Currency Fixed Deposit Account.

The process is the same as opening a normal Ringgit Malaysia savings or fixed deposits account at your nearest branch with your National Registration Identity Card and/or Passport. However, in order to enjoy Foreign Currency Fixed Deposit rates, you must first open a Foreign Currency Savings Account.

No, there are no restrictions. Residents and non-residents are free to open Foreign Currency Deposits Account for any purpose.

A resident is classified as:

  • Malaysian citizens, excluding those who hold a foreign permanent resident and reside abroad
  • Non-citizens of Malaysia who have obtained permanent resident status and reside in Malaysia

A non-resident is classified as:

  • Any person other than a resident
  • Malaysian citizens with foreign permanent resident and who reside abroad
  • Save on foreign exchange losses that would arise from the exchange conversion process
  • Get preferential FOREX rates from our dedicated Retail Treasury Desk Dealers
  • Earn attractive interest rates on your Fixed Deposit
  • Flexible placement tenures for your funds in Fixed Deposit
  • A minimum deposit of USD 1,000 or its equivalent is required to open a Foreign Currency Savings Account.
  • A minimum deposit of USD 10,000 or its equivalent is required to open a Foreign Currency Fixed Deposit Account.

No, there are no restrictions to open a joint Foreign Currency Deposits Account following the latest liberalisation by Bank Negara Malaysia effective 1 April 2007.

You may withdraw either by converting to a Ringgit Malaysia account, telegraphic transfers or bank drafts.

There is no charge for opening a Foreign Currency Deposits Account.

There is no penalty charge for early upliftment of Foreign Currency Fixed Deposit. However, please note that partial upliftment is not permitted, and no interest will be payable for premature upliftment.

Terms and Conditions

*Only deposits are protected by PIDM up to RM250,000 for each depositor.

*Click here for PIDM’s DIS Brochure.

Enjoy higher returns on Foreign Currency Enjoy higher returns on Foreign Currency

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