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Islamic Deposits

Transact conveniently in major foreign currencies

Maybank Foreign Currency Current Account-i #ForYou

Important Notice


Changes to Individual Foreign Currency Current Account Fees

From 1 November 2023, the charges for cheque usage will be raised for USD-denominated cheques.

We have prepared a list of Frequently Asked Questions and the new charges for your reference.

Benefits


  • Potential bonus in hibah may be distributed at the Bank’s discretion to customers.
  • Transfer funds in foreign currency to and from your SGD accounts via Maybank2u Online and Mobile Banking.
  • Free chequebook for US Dollars Current Account.
  • Deposit and withdraw major currencies in cash, demand drafts or telegraphic transfers.

Currencies


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

Requirements


ELIGIBILITY:

  • Minimum Age: 18 years old

APPLICATION DOCUMENTS:
Singapore Citizens or Singapore Permanent Residents

  • NRIC

Foreigners

  • Passport
  • Employment Pass
  • Proof of mailing address i.e. utilities bill or bank statement with residential address, where the name must be the same as your Passport and Employment Pass

INITIAL DEPOSIT:

  • US$1,000 or its equivalent

Fees & Charges


DescriptionFees and Charges
Cheque Issuance (only for USD Current Accounts)

Free (till 31 October 2023)

US$0.75 per cheque (from 1 November 2023)

Cheque Deposit (only for USD Current Accounts)

Free (till 31 October 2023)

Free until further notice (from 1 November 2023)

Chequebook Issuance and Replenishment (only for USD Current Accounts)

First cheque book is free, subsequent cheque books will be charged at US$10 each (till 31 October 2023)

US$10 per cheque book (from 1 November 2023)

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 if the account is closed within 6 months of opening
Others Click to view the other applicable Transactional charges and service fees