Can a Singaporean open a bank account in Malaysia?

How can a foreigner open a bank account in Malaysia?

To open an account you will need to bring:

  1. Valid Passport.
  2. National Identity Card.
  3. Valid work permit or working visa in Malaysia (for employment in Malaysia)
  4. Employment letter (for employment in Malaysia)
  5. Approval Letter for Malaysia My Second Home program (for MM2H participants)

How can a foreigner open a Maybank account in Malaysia?

Required Primary Documents

  1. Valid Passport (if IC is produced as a Primary document)
  2. Valid driving licence.
  3. Utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice) in the name and address of the customer opening the account.
  4. Letter of employment.
  5. Credit card.

Can a foreign student open a bank account in Malaysia?

The opportunity to open a savings accounts in Malaysia’s banks for foreign students is not possible under no circumstances without having student visa; you need to get enrollment certificate from the university after the final registration at the university and receiving the student visa.

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Can I open a bank account online without going to the bank in Malaysia?

In theory, it is possible to open a Malaysian bank account online. Both Maybank and CIMB, for example, offer limited products which can be arranged with no need to visit a branch in person – but there’s a catch. For these accounts you must have an ‘existing relationship’ with the bank.

Can I open a bank account in Malaysia as a tourist?

Can I open a bank account in Malaysia as a non-resident? Yes, it is possible to open a bank account in Malaysia as a non-resident. You just need to provide the necessary paperwork, which as you see, does not require proof of address in Malaysia. If you choose a foreign bank, you can even start the process from abroad.

Can Malaysian Open bank account in Singapore online?

The only way for Malaysians to open a Singapore bank account through fully online application. A Shariah-compliant version to the conventional FastSaver account is also available.

How much deposit do I need to open a Maybank account in Singapore?


S$500 (Singapore Citizens or Singapore Permanent Residents) S$500 (Malaysia Citizens with Work Permit) S$1,000 (Foreigners)

Can refugees open bank accounts in Malaysia?

First of all, banks in Malaysia need to be made aware that refugees here can indeed open a bank account and have access to their services. … Having rights to employment won’t be complete if refugees do not have rights to banking services.

Which bank account is best for students in Malaysia?

Savings Account » For Teenagers

  • HSBC Amanah Premier Everyday Global Account-i. …
  • HSBC Premier Everyday Global Account. …
  • HSBC Amanah Advance Everyday Global Account-i. …
  • HSBC Advance Everyday Global Account. …
  • HSBC Amanah Everyday Global Account-i. …
  • HSBC Everyday Global Account. …
  • Standard Chartered Just One Priority Account.
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How much do I need to open a bank account in Malaysia?

Personal Current Account: In order to open a personal currency account, you must have a good overall banking record or credit score. The initial deposit is a relatively small one, at 1,000 Malaysian MYR, or roughly $250 USD.

Can I open a bank account without going to bank?

Yes, it is true, you can open a Savings Account All you really need is your mobile number, to initiate the process. In fact, the procedure does not vary much. You simply upload your form and documents online, instead of going to the bank yourself.

What documents need to open bank account?

Savings Bank Account

  • (a) Proof of identity (any of the following with authenticated photographs thereon): (i) Passport. (ii) Voter ID card. (iii) PAN Card. (iv) Govt./Defence ID card. …
  • (b) Proof of current address (any of the following) (i) Credit Card Statement. (ii) Salary slip. (iii) Income/Wealth Tax Assessment Order.