Opening a Bank Account in Malaysia (Foreigners)

Researched from official sources · May 6, 2026

Three Malaysian banks — CIMB, Public Bank, and RHB — open personal accounts for foreigners, each with a different procedural shape.

CIMB pairs branch onboarding with an online portal for some products. Public Bank is branch walk-in only — ask for the ACE Current Account by name. RHB requires in-person branch verification because passport is not accepted online. Funds at all three are protected by Perbadanan Insurans Deposit Malaysia (PIDM) up to RM 250,000 per depositor.

Estimated time

1-2 hours at a branch, plus an in-person verification visit if you start an RHB online application

Cost

RM20-1,000 initial deposit (varies by product); fees thereafter depend on balance

What You Need

Tap to check off items as you gather them

Additional Items

  • A Malaysian mobile number — the bank's mobile-banking app and any SMS / OTP authentication for online banking generally require one. Not directly cited as an account-opening prerequisite on the public product pages reviewed, but you cannot complete most subsequent online-banking activations without it.
  • Time for a branch visit on a weekday. Public Bank Customer Services hours are Monday-Thursday 8:45 am - 5:45 pm and Friday 8:45 am - 4:45 pm; branch hours may differ. CIMB lists branches on its locator page with real-time queue status; some Johor Bahru branches are open Saturdays 9:15 am - 4:30 pm.
Last checked 1 month ago

Step-by-Step

  1. 1

    Pick the bank and product before you walk into a branch

    1. If you want the lowest opening barrier and salary-crediting features, look at the CIMB Salary Account (RM 20 minimum initial deposit) — the page explicitly accepts 'NRIC or passport'.
    2. If you want a current account with cheque-book and standard branch service, the choices are CIMB Regular Current (RM 1,000), CIMB Prime (RM 1,000), Public Bank ACE Current (RM 1,000), or RHB Smart / MY1 (RM 1,000 each).
    3. If you are a Public Bank customer aiming for the Basic Savings Account: that product is restricted verbatim to 'Malaysian citizens and permanent residents' — pick the ACE Current Account instead.
    4. If you need a foreign-currency account, the Public Bank Foreign Currency Current Account requires USD 1,000 (or equivalent in another supported currency) and covers 12 currencies.

    💡 Tip: Initial deposit is not a fee — it stays in your account. Pick the deposit floor that matches the cash you have available on day one, not the absolute lowest, because some accounts charge a monthly maintenance fee when the balance drops below RM 1,000.

  2. 2

    Gather the documents the branch will inspect

    1. Original passport (the only foreigner-side ID accepted across CIMB / Public Bank / RHB at the branch counter).
    2. Your Malaysian work or residency pass — Employment Pass, Professional Visit Pass, Spouse Pass, or Student Pass — if you hold one. The bank product pages do not all itemise this on the public page, but customer due diligence under the Bank Negara Malaysia AML/CFT framework typically requires proof of legal residency for a non-resident account.
    3. Proof of Malaysian residential address — recent utilities bill, telco bill, or signed tenancy agreement. The public product pages do not itemise this, but it is routinely requested at the counter.
    4. The initial deposit in cash if you intend to fund at the counter.

    💡 Tip: The bank product pages reviewed do not enumerate every foreigner-specific document on the public page — the branch counter will tell you exactly which pages they need to copy. Phone the branch ahead if you are unsure or have an unusual pass type.

  3. 3

    CIMB path — branch visit, optionally preceded by the online onboarding portal

    Expat New Arrival Resident
    If you picked a CIMB product
    1. Locate the nearest CIMB branch via the CIMB locator page. Real-time queue status is shown on the locator. Some Johor Bahru branches are open Saturdays 9:15 am - 4:30 pm; appointment booking is available.
    2. Walk into the branch with your passport and supporting documents. The Regular Savings, Regular Current, Prime, and Salary Account product pages each list 'NRIC or passport is required' as the primary ID.
    3. Sign the application forms at the counter and pay the initial deposit (RM 20 for Salary Account, RM 250 for Regular Savings, RM 1,000 for Regular Current or Prime).
    4. If you opened a Salary or Regular Savings Account, the debit card annual fee is RM 15. Card replacement RM 12, account closure within 3 months RM 20, dormant after notice RM 10 per year.
    5. Activate online banking via CIMB Clicks Web or the CIMB OCTO App once the account number is issued.

    💡 Tip: Some CIMB savings products are marked 'Fully Online Application' on the product pages and route to an online onboarding portal — but foreigner eligibility on the online channel is not stated on the public pages reviewed. The branch is the dependable path for a foreigner; treat the online portal as a possible accelerator, not the primary plan.

    ⚠️ Watch out: If documentation is incomplete the counter sends you back. The CIMB product pages do not document a remediation path for non-residents specifically — bring the passport, the pass, and proof of address together to avoid a second visit.

  4. 4

    Public Bank path — walk-in branch only

    Expat New Arrival Resident
    If you picked a Public Bank product
    1. Locate the nearest Public Bank branch via the Public Bank branch-locator page. Customer Services hours are Monday-Thursday 8:45 am - 5:45 pm and Friday 8:45 am - 4:45 pm; branch hours may differ.
    2. Walk into the branch with your passport. The ACE Account product page is verbatim 'Resident and non-resident' on eligibility — ask for the ACE Current Account by name to avoid the Basic Savings misroute.
    3. Public Bank does not publish a foreigner-specific online onboarding portal for ACE or Premier ACE — the procedural shape is in-branch walk-in.
    4. Pay the RM 1,000 initial deposit for ACE or Premier ACE; RM 250 for PLUS Savings (with a separate RM 20 minimum-balance floor); USD 1,000 for the Foreign Currency Current Account.
    5. Receive the cheque book / debit card and PBe online-banking credentials. The bank does not publish discrete debit-card, statement, or monthly-service-charge figures on the public pages reviewed — confirm specific fees at the counter or via the product disclosure sheet. The Premier ACE product page states verbatim 'a monthly service charge will be levied on all accounts which do not meet the Bank's monthly average credit balance requirement', but the specific MAB threshold and charge figure are not published.

    💡 Tip: Premier ACE is the same RM 1,000 minimum but exclusive to existing Red Carpet Banking customers per the product page — a new-to-Public-Bank foreigner asks for ACE Current, not Premier ACE.

    ⚠️ Watch out: The Basic Savings Account is the obvious 'lowest minimum' choice on the rate card (RM 20), but the product page restricts it verbatim to 'Malaysian citizens and permanent residents'. A foreigner who asks for Basic Savings will be redirected — name ACE Current at the counter.

  5. 5

    RHB path — branch in person; online application is a partial dead-end for passport-holders

    Expat New Arrival Resident
    If you picked an RHB product
    1. Walk into the nearest RHB branch with your passport and supporting documents. The RHB FAQ confirms a branch visit is mandatory for foreigner verification regardless of where the application starts.
    2. Sign the application forms at the counter and pay the initial deposit (RM 20 for Basic Savings, RM 200 for MaxSave, RM 500 for Bonus Saver, RM 100 for Basic Current, RM 1,000 for Smart or MY1).
    3. Receive the debit card and RHB Mobile Banking credentials. Card replacement RM 12. MEPS ATM withdrawals at non-RHB ATMs RM 1 per withdrawal — RHB ATMs are free.
    4. If you opened a current account, the monthly maintenance fee is RM 5 when the daily average balance is below RM 1,000 (Basic CA / OD: RM 10 half-yearly). Account closure within 6 months: RM 20. Basic Savings closure within 3 months: RM 20. Dormant fee: RM 10 per year.

    💡 Tip: RHB online application is a partial dead-end for foreigners — passport is not accepted online, the 30-day activation timer ticks on the partial application, and a branch visit is mandatory anyway. If your start-date is tight, go straight to the branch.

    ⚠️ Watch out: If you started online and missed the 30-day activation window, the application expires per the RHB FAQ ('you have 30 calendar days to activate your account'). Walk into the branch within that window with passport and supporting documents — or skip the online portal entirely and apply directly in person.

  6. 6

    Activate online banking and fund the account

    1. Set up internet banking and the bank's mobile app once the account number is issued. CIMB uses CIMB Clicks Web / CIMB OCTO App; Public Bank uses PBe; RHB uses RHB Mobile Banking.
    2. Link the account to FPX for online merchant payments — most Malaysian government and merchant online flows route through FPX.
    3. Link the account to your Touch 'n Go eWallet if you want a single tap-to-pay surface for transit and small-merchant payments.
    4. Funds across all three banks' personal accounts are protected by Perbadanan Insurans Deposit Malaysia (PIDM) up to RM 250,000 per depositor.

    💡 Tip: If your employer pays salary in MYR and you opened a Foreign Currency Current Account at Public Bank as the primary, you also need a separate MYR account to receive salary payments — the FCA cannot host MYR. Most foreigners open one MYR account first and add an FCA later only if foreign-currency exposure is part of their actual cashflow.

Costs

Item Amount Payment Notes
CIMB Salary Account — minimum initial deposit RM20 Cash at counter or transfer once the account is open Verbatim from the CIMB Salary Account product page (accessed 2026-05-06). Lowest opening barrier among CIMB foreigner-eligible accounts; complimentary Takaful coverage kicks in when the minimum average balance reaches RM 2,500.
CIMB Regular Savings Account — minimum initial deposit RM250 Cash at counter or transfer once the account is open Verbatim from the CIMB Regular Savings Account page. NRIC or passport accepted as primary ID.
CIMB Regular Current Account — minimum initial deposit RM1,000 Cash at counter or transfer once the account is open Verbatim from the CIMB Regular Current Account page. Cheque-book bearing; same NRIC-or-passport eligibility.
CIMB Prime Account — minimum initial deposit RM1,000 Cash at counter or transfer once the account is open Verbatim from the CIMB Prime Account page. Premium current account; the page states 'Fee waiver of RM5 on monthly maintenance fees for account balances below RM1,000' for Prime members.
CIMB Prime Account — monthly maintenance fee RM5 Auto-debited from the account Charged when the average balance is below RM 1,000. Verbatim from the CIMB current-account fees page. Waived if: Account balance maintained at or above RM 1,000, or for Prime members
CIMB debit card — annual fee RM15 Auto-debited from the account Verbatim 'Debit card annual fee RM15.00' on the CIMB savings-account fees page (Regular / Senior / Prime / Education debit cards).
CIMB debit card — replacement fee (Optional) RM12 Auto-debited from the account Verbatim from the CIMB savings-account fees page.
CIMB account closure within 3 months of opening RM20 Deducted from the closing balance Verbatim from the CIMB savings-account fees page; applies across most savings and current accounts. Waived if: Account is held longer than 3 months
CIMB dormant-account fee RM10 Auto-debited from the account Verbatim 'RM10.00 annually after the date of notice' on the CIMB savings-account fees page.
CIMB cheque return (insufficient funds) (Optional) RM100 Auto-debited from the account Verbatim from the CIMB current-account fees page. Applies to current accounts.
CIMB cheque — stamp duty per cheque (Optional) RM1 Charged on cheque issuance Standard Malaysian stamp duty per cheque, verbatim from the CIMB current-account fees page.
CIMB letter of reference (Optional) RM30 Cash at counter or auto-debit Verbatim 'Letter of reference RM30.00 per letter' on the CIMB savings-account fees page. Often needed for visa renewals or rental references.
Public Bank ACE Current Account — minimum initial deposit RM1,000 Cash at counter (branch-only path for foreigners) Verbatim from the Public Bank ACE Account product page. The page states 'Resident and non-resident' eligibility — this is the foreigner-eligible Public Bank current account.
Public Bank Premier ACE Account — minimum initial deposit RM1,000 Cash at counter Verbatim from the Premier ACE product page. 'Resident and non-resident' eligibility but the page also states 'Exclusively offered to Red Carpet Banking customers' — only existing Public Bank premium-tier customers can open this product.
Public Bank PLUS Savings Account — minimum initial deposit RM250 Cash at counter Verbatim from the PLUS Savings product page. Foreigner eligibility is not clarified on the public page — confirm at the branch before queuing.
Public Bank PLUS Savings Account — minimum balance RM20 Maintained in the account Verbatim from the PLUS Savings product page. Not a fee — the floor below which the account may be charged or closed.
Public Bank Foreign Currency Current Account — minimum initial deposit RM1,000 Cash at counter or wire transfer Verbatim 'USD 1,000 (or equivalent in other foreign currencies)' on the Foreign Currency Current Account product page. The product supports 12 currencies (USD, GBP, EUR, AUD, NZD, JPY, HKD, SGD, CHF, CNH, CAD, THB).
RHB Basic Savings Account — minimum initial deposit RM20 Cash at counter or FPX once the account is online Verbatim from the RHB account-finder savings-account page. Foreigner eligibility on the public summary page is not specified — confirm at the branch.
RHB MaxSave Account — minimum initial deposit RM200 Cash at counter or FPX once the account is online Verbatim from the RHB account-finder savings-account page.
RHB Bonus Saver Account — minimum initial deposit RM500 Cash at counter or FPX once the account is online Verbatim from the RHB account-finder savings-account page.
RHB Basic Current Account — minimum initial deposit RM100 Cash at counter Verbatim from the RHB account-finder current-account page.
RHB Smart Account — minimum initial deposit RM1,000 Cash at counter or FPX Verbatim from the RHB account-finder current-account page. Up to 6.60% p.a. interest per the page.
RHB MY1 Account — minimum initial deposit RM1,000 Cash at counter or FPX Verbatim from the RHB account-finder current-account page. Single account with cheque facility.
RHB current-account monthly maintenance fee RM5 Auto-debited from the account Verbatim 'Monthly RM5.00 is levied on account if daily average balance is below RM1,000' on the RHB service-charges page. Waived if: Daily average balance is at or above RM 1,000
RHB Basic CA / OD account — half-yearly service charge RM10 Auto-debited from the account Verbatim from the RHB service-charges page. Waived if: Average balance is at or above RM 1,000
RHB account closure within 6 months of opening RM20 Deducted from the closing balance Verbatim 'Closure of accounts within 6 months - RM20' on the RHB service-charges page. Waived if: Account is held longer than 6 months
RHB Basic Savings closure within 3 months of opening RM20 Deducted from the closing balance Verbatim from the RHB service-charges page. Waived if: Account is held longer than 3 months
RHB dormant-account fee RM10 Auto-debited from the account Verbatim 'RM10.00 per annum' on the RHB service-charges page. Accounts with a balance at or below RM 10 are closed and the balance absorbed as the charge.
RHB intrabank transfer over the counter (Optional) RM5 Cash at counter or auto-debit Verbatim 'RM5.00 per transaction' on the RHB service-charges page. Online and ATM transfers may be free or carry different charges.
RHB MEPS ATM withdrawal at non-RHB ATMs (Optional) RM1 Auto-debited from the account Verbatim 'RM1.00 per withdrawal' on the RHB service-charges page. Withdrawals at RHB ATMs are free.
RHB debit / bankcard replacement (Optional) RM12 Auto-debited from the account Verbatim from the RHB service-charges page.
RHB statement request beyond 13 months (Optional) RM20 Cash at counter or auto-debit Verbatim 'RM20.00 per request + RM2.00 per page' on the RHB service-charges page. Statements within 13 months are free.
CIMB Salary Account — minimum initial deposit RM20
Payment:
Cash at counter or transfer once the account is open
Notes:
Verbatim from the CIMB Salary Account product page (accessed 2026-05-06). Lowest opening barrier among CIMB foreigner-eligible accounts; complimentary Takaful coverage kicks in when the minimum average balance reaches RM 2,500.
CIMB Regular Savings Account — minimum initial deposit RM250
Payment:
Cash at counter or transfer once the account is open
Notes:
Verbatim from the CIMB Regular Savings Account page. NRIC or passport accepted as primary ID.
CIMB Regular Current Account — minimum initial deposit RM1,000
Payment:
Cash at counter or transfer once the account is open
Notes:
Verbatim from the CIMB Regular Current Account page. Cheque-book bearing; same NRIC-or-passport eligibility.
CIMB Prime Account — minimum initial deposit RM1,000
Payment:
Cash at counter or transfer once the account is open
Notes:
Verbatim from the CIMB Prime Account page. Premium current account; the page states 'Fee waiver of RM5 on monthly maintenance fees for account balances below RM1,000' for Prime members.
CIMB Prime Account — monthly maintenance fee RM5
Payment:
Auto-debited from the account
Notes:
Charged when the average balance is below RM 1,000. Verbatim from the CIMB current-account fees page.
Waived if:
Account balance maintained at or above RM 1,000, or for Prime members
CIMB debit card — annual fee RM15
Payment:
Auto-debited from the account
Notes:
Verbatim 'Debit card annual fee RM15.00' on the CIMB savings-account fees page (Regular / Senior / Prime / Education debit cards).
CIMB debit card — replacement fee (Optional) RM12
Payment:
Auto-debited from the account
Notes:
Verbatim from the CIMB savings-account fees page.
CIMB account closure within 3 months of opening RM20
Payment:
Deducted from the closing balance
Notes:
Verbatim from the CIMB savings-account fees page; applies across most savings and current accounts.
Waived if:
Account is held longer than 3 months
CIMB dormant-account fee RM10
Payment:
Auto-debited from the account
Notes:
Verbatim 'RM10.00 annually after the date of notice' on the CIMB savings-account fees page.
CIMB cheque return (insufficient funds) (Optional) RM100
Payment:
Auto-debited from the account
Notes:
Verbatim from the CIMB current-account fees page. Applies to current accounts.
CIMB cheque — stamp duty per cheque (Optional) RM1
Payment:
Charged on cheque issuance
Notes:
Standard Malaysian stamp duty per cheque, verbatim from the CIMB current-account fees page.
CIMB letter of reference (Optional) RM30
Payment:
Cash at counter or auto-debit
Notes:
Verbatim 'Letter of reference RM30.00 per letter' on the CIMB savings-account fees page. Often needed for visa renewals or rental references.
Public Bank ACE Current Account — minimum initial deposit RM1,000
Payment:
Cash at counter (branch-only path for foreigners)
Notes:
Verbatim from the Public Bank ACE Account product page. The page states 'Resident and non-resident' eligibility — this is the foreigner-eligible Public Bank current account.
Public Bank Premier ACE Account — minimum initial deposit RM1,000
Payment:
Cash at counter
Notes:
Verbatim from the Premier ACE product page. 'Resident and non-resident' eligibility but the page also states 'Exclusively offered to Red Carpet Banking customers' — only existing Public Bank premium-tier customers can open this product.
Public Bank PLUS Savings Account — minimum initial deposit RM250
Payment:
Cash at counter
Notes:
Verbatim from the PLUS Savings product page. Foreigner eligibility is not clarified on the public page — confirm at the branch before queuing.
Public Bank PLUS Savings Account — minimum balance RM20
Payment:
Maintained in the account
Notes:
Verbatim from the PLUS Savings product page. Not a fee — the floor below which the account may be charged or closed.
Public Bank Foreign Currency Current Account — minimum initial deposit RM1,000
Payment:
Cash at counter or wire transfer
Notes:
Verbatim 'USD 1,000 (or equivalent in other foreign currencies)' on the Foreign Currency Current Account product page. The product supports 12 currencies (USD, GBP, EUR, AUD, NZD, JPY, HKD, SGD, CHF, CNH, CAD, THB).
RHB Basic Savings Account — minimum initial deposit RM20
Payment:
Cash at counter or FPX once the account is online
Notes:
Verbatim from the RHB account-finder savings-account page. Foreigner eligibility on the public summary page is not specified — confirm at the branch.
RHB MaxSave Account — minimum initial deposit RM200
Payment:
Cash at counter or FPX once the account is online
Notes:
Verbatim from the RHB account-finder savings-account page.
RHB Bonus Saver Account — minimum initial deposit RM500
Payment:
Cash at counter or FPX once the account is online
Notes:
Verbatim from the RHB account-finder savings-account page.
RHB Basic Current Account — minimum initial deposit RM100
Payment:
Cash at counter
Notes:
Verbatim from the RHB account-finder current-account page.
RHB Smart Account — minimum initial deposit RM1,000
Payment:
Cash at counter or FPX
Notes:
Verbatim from the RHB account-finder current-account page. Up to 6.60% p.a. interest per the page.
RHB MY1 Account — minimum initial deposit RM1,000
Payment:
Cash at counter or FPX
Notes:
Verbatim from the RHB account-finder current-account page. Single account with cheque facility.
RHB current-account monthly maintenance fee RM5
Payment:
Auto-debited from the account
Notes:
Verbatim 'Monthly RM5.00 is levied on account if daily average balance is below RM1,000' on the RHB service-charges page.
Waived if:
Daily average balance is at or above RM 1,000
RHB Basic CA / OD account — half-yearly service charge RM10
Payment:
Auto-debited from the account
Notes:
Verbatim from the RHB service-charges page.
Waived if:
Average balance is at or above RM 1,000
RHB account closure within 6 months of opening RM20
Payment:
Deducted from the closing balance
Notes:
Verbatim 'Closure of accounts within 6 months - RM20' on the RHB service-charges page.
Waived if:
Account is held longer than 6 months
RHB Basic Savings closure within 3 months of opening RM20
Payment:
Deducted from the closing balance
Notes:
Verbatim from the RHB service-charges page.
Waived if:
Account is held longer than 3 months
RHB dormant-account fee RM10
Payment:
Auto-debited from the account
Notes:
Verbatim 'RM10.00 per annum' on the RHB service-charges page. Accounts with a balance at or below RM 10 are closed and the balance absorbed as the charge.
RHB intrabank transfer over the counter (Optional) RM5
Payment:
Cash at counter or auto-debit
Notes:
Verbatim 'RM5.00 per transaction' on the RHB service-charges page. Online and ATM transfers may be free or carry different charges.
RHB MEPS ATM withdrawal at non-RHB ATMs (Optional) RM1
Payment:
Auto-debited from the account
Notes:
Verbatim 'RM1.00 per withdrawal' on the RHB service-charges page. Withdrawals at RHB ATMs are free.
RHB debit / bankcard replacement (Optional) RM12
Payment:
Auto-debited from the account
Notes:
Verbatim from the RHB service-charges page.
RHB statement request beyond 13 months (Optional) RM20
Payment:
Cash at counter or auto-debit
Notes:
Verbatim 'RM20.00 per request + RM2.00 per page' on the RHB service-charges page. Statements within 13 months are free.
Total: RM8,475

FAQ

Documents

What identification does each bank actually accept for a foreigner?

- CIMB: 'NRIC or passport is required' on the Regular Savings, Regular Current, Prime and Salary Account product pages — passport is explicitly accepted across CIMB's mainstream foreigner-eligible products. - Public Bank: ACE Current Account and Premier ACE Account state 'Resident and non-resident' eligibility but do not enumerate documents on the public product page — branch verification confirms exactly which pages they need. - RHB: Online verification accepts only the new MyKad (80k chip with ghost image). Passport, older MyKad, MyKid and MyPR are NOT accepted for online verification per the FAQ — foreigners must do the verification step in person at a branch.

Costs

What happens if my balance falls below the minimum?

Verbatim from the bank pages accessed 2026-05-06: - CIMB Prime Account — RM 5 monthly maintenance when the average balance is below RM 1,000. Waived for Prime members. - Public Bank ACE / Premier ACE — the Premier ACE page states 'a monthly service charge will be levied on all accounts which do not meet the Bank's monthly average credit balance requirement', but the specific MAB threshold and charge figure are not published on the public product page. Confirm at the branch. - RHB current accounts — RM 5 per month when the daily average balance is below RM 1,000. RHB Basic CA / OD accounts: RM 10 half-yearly when the average balance is below RM 1,000.

General

Can I open the account fully online as a foreigner?

Not reliably with the three banks named here. CIMB markets some products as 'Fully Online Application' via its onboarding portal, but foreigner eligibility on the online channel is not stated on the public product pages reviewed. Public Bank does not publish a foreigner-facing online onboarding for ACE or Premier ACE — it is a walk-in branch process. RHB explicitly states verbatim that 'Online Account Opening only allows verification on new MyKad (80k chip version, with ghost image)' — passports are not accepted for the online verification step, so a foreigner who starts an RHB application online still has to visit a branch to complete activation. The pragmatic answer for a passport-holder is: plan for a branch visit.

Why is the Public Bank Basic Savings Account not on this list?

Because foreigners are not eligible. The Public Bank Basic Savings Account product page restricts eligibility verbatim to 'Malaysian citizens and permanent residents'. Holders of the Employment Pass, Professional Visit Pass, Spouse Pass, or Student Pass cannot open this product. Ask the counter for the ACE Current Account by name instead — that product page states 'Resident and non-resident' eligibility.

After This Process

  • → Tax reference number — register with LHDN at the MyTax portal once your bank account is open, so salary deposits and tax filings can be linked
  • → Employment Pass renewal — keep your account funded for the GIRO / FPX debits the renewal portal requests at payment time
  • → Touch 'n Go eWallet — link the bank account for transit, parking, and small-merchant payments outside the cards-and-cheques surface

Sources

Was this helpful?

More in Malaysia

16 sources cited last accessed 2026-05-06

T1 official portal · T2 embassy/consulate · T3 news · T4 community — higher tier wins on conflict. methodology →

  1. T2
    CIMB Bank Berhad 2026-05-06

    CIMB Regular Savings Account requires RM 250 minimum initial deposit and accepts 'NRIC or passport' as primary identification for applicants aged 18+. Personal and joint accounts allowed. PIDM RM 250,000 protection.

    cimb.com.my
  2. T2
    CIMB Bank Berhad 2026-05-06

    CIMB Salary Account requires RM 20 minimum initial deposit and accepts 'NRIC or passport' for applicants aged 18+. Complimentary Takaful coverage at minimum average balance of RM 2,500 and above.

    cimb.com.my
  3. T2
    CIMB Bank Berhad 2026-05-06

    CIMB Regular Current Account requires RM 1,000 minimum initial deposit, age 18+, and accepts 'NRIC or passport' as primary identification. Cheque-book bearing. Joint accounts allowed.

    cimb.com.my
  4. T2
    CIMB Bank Berhad 2026-05-06

    CIMB Prime Account requires RM 1,000 minimum initial deposit and accepts 'NRIC or passport' as primary identification. The page states verbatim 'Fee waiver of RM5 on monthly maintenance fees for account balances below RM1,000' for Prime members.

    cimb.com.my
  5. T2
    CIMB Bank Berhad 2026-05-06

    CIMB savings-account fee schedule: dormant fee 'RM10.00 annually after the date of notice', early closure within 3 months RM 20, debit card replacement RM 12, debit card annual fee RM 15 (Regular / Senior / Prime / Education), letter of reference RM 30 per letter, statement copies past 12 months RM 10 upfront plus RM 2 per page, EPF withdrawal certification RM 20.

    cimb.com.my
  6. T2
    CIMB Bank Berhad 2026-05-06

    CIMB current-account fee schedule: Basic Current Account half-yearly service charge RM 10 when average balance below RM 1,000; Prime Account monthly maintenance fee RM 5 when average balance below RM 1,000; early closure within 3 months RM 20; dormant fee RM 10; cheque return RM 100 per cheque; stamp duty RM 1 per cheque.

    cimb.com.my
  7. T2
    Public Bank Berhad 2026-05-06

    Public Bank ACE Current Account states 'Resident and non-resident' eligibility, RM 1,000 minimum initial deposit, age 18+, supports personal and joint accounts. Foreigner-eligible Public Bank current account.

    pbebank.com
  8. T2
    Public Bank Berhad 2026-05-06

    Public Bank Premier ACE Account states 'Resident and non-resident' eligibility, RM 1,000 minimum initial deposit, and is verbatim 'Exclusively offered to Red Carpet Banking customers'. The page states verbatim 'a monthly service charge will be levied on all accounts which do not meet the Bank's monthly average credit balance requirement' but does not publish the MAB threshold or charge figure on the public product page.

    pbebank.com
  9. T2
    Public Bank Berhad 2026-05-06

    Public Bank Basic Savings Account eligibility restricted verbatim to 'Malaysian citizens and permanent residents' — foreigners holding Employment Pass, Professional Visit Pass, Spouse Pass or Student Pass are NOT eligible for this product. Minimum initial deposit RM 20.

    pbebank.com
  10. T2
    Public Bank Berhad 2026-05-06

    Public Bank PLUS Savings Account requires RM 250 minimum initial deposit and RM 20 minimum balance. Eligibility for individual / joint / parent-on-behalf-for-child accounts. PIDM RM 250,000 protection. Citizenship eligibility not specified on the public product page.

    pbebank.com
  11. T2
    Public Bank Berhad 2026-05-06

    Public Bank Foreign Currency Current Account requires verbatim 'USD 1,000 (or equivalent in other foreign currencies)' minimum deposit. Supports 12 currencies (USD, GBP, EUR, AUD, NZD, JPY, HKD, SGD, CHF, CNH, CAD, THB). Open to individuals and non-individuals.

    pbebank.com
  12. T2
    RHB Bank Berhad 2026-05-06

    RHB Online Account Opening states verbatim 'Online Account Opening only allows verification on new MyKad (80k chip version, with ghost image). The older version MyKad (64k chip version, without ghost image), Passport, MyKid, MyPR is currently not accepted.' For foreigners verbatim 'Yes, they can apply account online but subject to bank's approval. Note: You will need to visit us at any of the nearest RHB branch to perform verification and complete your activation.' Activation window verbatim 'If you have successfully applied for account online but pending activation, you have 30 calendar days to activate your account.'

    rhbgroup.com
  13. T2
    RHB Bank Berhad 2026-05-06

    RHB service charges: account closure within 6 months RM 20; Basic Savings closure within 3 months RM 20; closure after 6 months (current account) RM 10; dormant account fee RM 10 per annum (account with balance at or below RM 10 is closed); current account monthly maintenance RM 5 when daily average balance below RM 1,000; Basic CA / OD half-yearly service charge RM 10; intrabank transfer over the counter RM 5 per transaction; MEPS ATM withdrawal at non-RHB ATMs RM 1 per withdrawal; debit / bankcard replacement RM 12; statement request beyond 13 months RM 20 plus RM 2 per page.

    rhbgroup.com
  14. T2
    RHB Bank Berhad 2026-05-06

    RHB savings-account product list and minimum initial deposits: RHB Basic Savings Account RM 20; RHB MaxSave RM 200; RHB Bonus Saver RM 500.

    rhbgroup.com
  15. T2
    RHB Bank Berhad 2026-05-06

    RHB current-account product list and minimum initial deposits: RHB Basic Current Account RM 100; RHB Smart Account RM 1,000 (up to 6.60% p.a. interest); RHB MY1 Account RM 1,000; RHB Premier Current Account RM 1,000.

    rhbgroup.com
  16. T2
    Public Bank Berhad 2026-05-06

    Public Bank MoneyPLUS Savings Account requires RM 250 minimum initial deposit. Used as a cross-product check on the Public Bank entry-level savings tier alongside PLUS Savings.

    pbebank.com
WhatsApp Telegram