HSBC Amanah Foreign Currency Savings Account-i
Based on Shariah principle of Qard (loan).
With a wide range of currencies available, the HSBC Amanah Foreign Currency Savings Account-i provides an easy way for you to save in a foreign currency:
- Low minimum account balance requirements (refer to table below)
- Easy access to your funds via branch and HSBC Malaysia online banking
Benefits
- Hedge against exchange rate fluctuationsA good option to hedge against exchange rate fluctuations by keeping money in the account until the rate is beneficial to you.
- Funding for your child's future educationIf you plan to send your child to study overseas, for example in Australia, saving your child's education fund in an Australian Dollars denominated FCA-i will potentially save you the worries of Australian Dollars appreciating against the Malaysian Ringgit. This may help you better manage your budget to support your child's education.
- For Non-Residents employed in Malaysia to retain fundsIf you are a Non-Resident employed in Malaysia, you may retain funds in foreign currency received from overseas.
Denominations offered
HSBC Amanah Foreign Currency Savings Account-i is available in the following denominations:
- USD - United States
- GBP - Great Britain
- AUD - Australia
- SGD - Singapore
- EUR - European Union
- YEN - Japan
- CAD - Canada
- CHF - Switzerland
- NZD - New Zealand
- HKD - Hong Kong
- CNY - China
Requirements
The minimum deposit amount varies according to the type of foreign currency of your choice. The minimum deposit is also the minimum amount balance requirements for this account.
Type of currency | Foreign Currency Savings Account-i |
---|---|
USD - United States | 1,000 minimum deposit required |
GBP - Great Britain | 500 minimum deposit required |
AUD - Australia | 1,500 minimum deposit required |
SGD - Singapore | 1,500 minimum deposit required |
EUR - European Union | 700 minimum deposit required |
JPY - Japan | 100,000 minimum deposit required |
CHF - Switzerland | 1,000 minimum deposit required |
HKD - Hong Kong | 7,000 minimum deposit required |
CAD - Canada | 1,000 minimum deposit required |
NZD - New Zealand | 1,500 minimum deposit required |
CNY - China | 7,000 minimum deposit required |
Type of currency | USD - United States |
---|---|
Foreign Currency Savings Account-i | 1,000 minimum deposit required |
Type of currency | GBP - Great Britain |
Foreign Currency Savings Account-i | 500 minimum deposit required |
Type of currency | AUD - Australia |
Foreign Currency Savings Account-i | 1,500 minimum deposit required |
Type of currency | SGD - Singapore |
Foreign Currency Savings Account-i | 1,500 minimum deposit required |
Type of currency | EUR - European Union |
Foreign Currency Savings Account-i | 700 minimum deposit required |
Type of currency | JPY - Japan |
Foreign Currency Savings Account-i | 100,000 minimum deposit required |
Type of currency | CHF - Switzerland |
Foreign Currency Savings Account-i | 1,000 minimum deposit required |
Type of currency | HKD - Hong Kong |
Foreign Currency Savings Account-i | 7,000 minimum deposit required |
Type of currency | CAD - Canada |
Foreign Currency Savings Account-i | 1,000 minimum deposit required |
Type of currency | NZD - New Zealand |
Foreign Currency Savings Account-i | 1,500 minimum deposit required |
Type of currency | CNY - China |
Foreign Currency Savings Account-i | 7,000 minimum deposit required |
Apply for HSBC Amanah Foreign Currency Savings Account-i
Find your nearest branch and talk to our staff about applying for Foreign Currency Savings Account-i.
Things you should know
Foreign Currency Account-i maintenance fee will be applied for any month that aggregate balance of RM20,000 equivalent is not met.
Member of Perbadanan Insurans Deposit Malaysia
Protected by Perbadanan Insurans Deposit Malaysia up to RM250,000 for each depositor*.
*Click here for more details on PIDM protection.
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