| Foreign
Currency Time Deposit |
| 1. |
Do I need to be an existing Maybank customer to place
a Foreign Currency Time Deposit online? |
|
Yes,
you will need to be an existing Savings
or Current
account holder to allow the debiting of the principal
amount of the Foreign
Currency Time Deposit. However, you do not need
to have an existing Foreign Currency Time Deposit account
to enjoy this service.
|
| |
|
| 2. |
What are the available foreign currencies? |
| |
You can place a Foreign Currency Time Deposit in any of
the following currencies: |
| |
- Australian Dollar
- Canadian Dollar
- Euro
- Japanese Yen
- New Zealand Dollar
- Sterling Pound
- Swiss Franc
- US Dollar
|
| 3. |
What is the minimum
amount for Foreign Currency Time Deposit placement? |
| |
You need to place a minimum
of 10,000 units for all foreign currencies except for
Japanese Yen, which requires 2.5 million units. |
| |
|
| 4. |
When can I place a Foreign
Currency Time Deposit? |
| |
You can make your Foreign
Currency Time Deposit placement from Monday to Friday
(excluding Public Holidays) between 9.30 am and 3.30 pm. |
| |
|
| 5. |
When will the Foreign
Currency Time Deposit placement be effected? |
| |
Your Foreign Currency Time
Deposit account will be opened and your account debited
at the end of the placement day, for value spot (i.e.
interest will only start to accrue 2 business days later).
However, your Foreign Currency Time Deposit interest rates
and foreign exchange rates will be determined at point
of placement. |
