Foreign Currency Accounts

Take Your Money Global.

Maximise earnings with a Foreign Currency Account to make your money as borderless as you are.


 
Foreign Currency Accounts
Alliance XChange Account/Fixed Deposit

Alliance XChange Account/Fixed Deposit

You can manage up to 9 currencies online with zero fees.

  • Zero Fees.
  • Get Great Forex Rates.
Foreign Currency Current Account

Foreign Currency Current Account

Enjoy the benefits of transacting in overseas currency with attractive interest rates credited monthly.

  • Choose from a wide range of foreign currencies that suits your needs, including AUD, CAD, CHF, CNY, EUR, GBP, HKD, JPY, NZD, SGD, THB and USD.
  • Enjoy competitive interest rates credited monthly to get more out of your savings.
Foreign Currency Fixed Deposits

Foreign Currency Fixed Deposits

Save your foreign currency with us. Seize the right moment to withdraw by taking advantage of the best exchange rates available.

  • Choose from various foreign currencies that suit your needs, including AUD, CAD, CNY, EUR, GBP, NZD, SGD and USD.
  • Enjoy competitive interest rates credited monthly.

FAQs about Alliance Bank Malaysia's Foreign Currency Accounts

Malaysian aged 18 years and above (including permanent residents) with valid documents such as NRIC, letter of employment, overseas university acceptance letter, and others.

A normal current account is available for individuals (Malaysian citizens, permanent residents, and foreigners) aged 18 years and above with a minimum deposit of RM500.

A foreign currency account is available for individuals (Malaysian citizens and permanent residents) aged 18 years and above with a minimum deposit of 1,000 units of the desired foreign currency.

You can open an Alliance Xchange Account via the Alliance-Portal. Alternatively, you can open your Foreign Currency Account at any Alliance Bank branch or contact your relationship manager for more assistance.

Foreign Currency Current Account requires a minimum of FCY1,000 equivalent in foreign currencies, except for Japanese Yen (JPY), which requires a minimum deposit of JPY 10,000.(Initial placement may vary from Alliance Xchange Account and promotional packages).

You can fund your Foreign Currency Account through your current/savings account at any Alliance Bank branch or contact your relationship manager for more assistance., or via Telegraphic Transfer (TT).

For more information on fees and charges, please refer to https://www.alliancebank.com.my/fees-and-charges

Yes, You can do fund transfer from Alliance Bank Foreign Currency Account to other banks at any Alliance Bank branch, or via Telegraphic Transfer (TT).

No, you cannot deposit physical foreign currency notes.

No, you cannot deposit a foreign cheque into my Alliance Bank Foreign Currency Account.

Yes. The Alliance Bank Foreign Currency Account is protected by PIDM up to RM250,000 for each depositor.

You can request the monthly statement of your foreign currency account electronically via Allianceonline Portal and Allianceonline Mobile App. Alternatively, you can request a hardcopy statement at any Alliance Bank branch, subject to a fee.

You may reach out to Alliance Bank Contact Centre at 03-5516 9988 or send us an email at info@alliancefg.com.