Maybank Foreign Currency Current Account


Maybank Foreign Currency Current Account
(For Non-Individuals)

Receive or make payment in the original foreign currency without having to convert them into Singapore Dollars; flexibility to deposit or withdraw local and foreign currency in cash, demand drafts or telegraphic transfers.

Overview

Attractive interest rate on USDAttractive interest rates on USD
Free chequebookFree chequebook for USD Current Account with option to receive notification for cheque clearance
Transfer fundsCross Currencies funds transfer to and from SGD accounts via Business Internet Banking
Deposit and withdrawDeposit and withdraw local and foreign currencies in cash, demand drafts or telegraphic transfers

Currencies



USD, EUR, GBP, AUD, NZD, CAD, HKD, JPY

Interest Rates


Earn interest on your USD account balance.

Account Balance
Interest Rate
First US$200,000
0.10% p.a.
Next US$800,000
0.15% p.a.
Next US$4,000,000
0.25% p.a.

Interest rates are subject to change without prior notice




Eligibility



Who can apply

  • Sole proprietors
  • Partnerships
  • Limited Liability Partnerships (LLP)
  • Incorporated Companies
  • Charities
  • Societies
  • Associations

Documents Requirement

  • Click here to view the list of required documents for account opening

Initial Deposit

  • US$1,000 or its equivalent


Account opening is subject to the Bank's approval.

Fees and Charges


Description
Fees and Charges
Fall-below fee (per month)US$5 equivalent (if your average daily balance fall below US$1,000 or its equivalent in the month)
Early Account Closure
(within 6 months)
US$20 early account closure fee, if the account is closed within 6 months of opening
ChequebookFree (only USD Chequebook is available)
Others
Please click on to view the other transactional charges and service fees applicable



Useful Links



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  • Regional Cash
         Management
  • Trade and Supply Chain


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