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Following the Liberalization on the Foreign Exchange Administrative Rules on 1 April 2005, opportunities are now opened to most Malaysians to invest in foreign currencies.
At Hong Leong Bank, we have made investing in foreign currencies attractive and easy for you. With a deposit as low as RM3,000 to open a Foreign Currency Current Account, you can start your investment in any of the 9 major foreign currencies, as stated below.
|HKD||Hong Kong Dollar|
|NZD||New Zealand Dollar|
Current Account Interest Rates*
|3.50% p.a.||0.40% p.a.||0.15% p.a.||2.00% p.a.|
To check out the interest rates for other currencies, please click here. Not only that, Preferential Forex Conversion Rates are given to those who open an account with us now, which means you get more value from every Ringgit you invest.
*Interest rates are subjected to change without prior notice. You may check for the latest rates from this website or contact any of our branches. For Foreign Currency Current Account, interest is calculated daily based on the day's prevailing interest rate and is credited into the account at the end of the month.
To get to know more on events and outlook on Foreign Exchange, you may read our in-house HL Market Watch which is posted up on this website every day.
For more information on the Foreign Currency Accounts, please visit any of our Hong_Leong_Bank branches near to you.
Please note that investing in foreign currencies is subjected to exchange rate risk. The Foreign Currency Accounts and its accountholders are subject to guidelines under the Exchange Control of Malaysia (ECM) Notices and Bank Negara Malaysia.
†Eligible deposit insured by PIDM