Which bank is best for foreigners in Malaysia?

Which bank is best for foreigners in Malaysia? | CityNewNet

Best Banks for Foreigners in Malaysia

The "best" bank for foreigners in Malaysia depends on your specific needs and preferences. However, here are some popular options that are often recommended:

HSBC: Known for its global network and convenient services, HSBC offers the Everyday Global Account, which is designed for international customers. It allows you to hold up to 11 currencies, make fee-free instant transfers between your global HSBC accounts, and enjoy zero currency conversion fees on spend and withdrawals.   

Standard Chartered: This bank also has a strong global presence and offers the Priority Expat Banking Account, which provides a range of benefits for international customers, including personalized service, exclusive offers, and access to wealth management services.   

Public Bank: As one of Malaysia's largest banks, Public Bank offers a wide range of products and services, including personal and business banking, Islamic banking, investments, and insurance. It is known for its competitive rates and extensive branch network.   

Maybank: Another major Malaysian bank, Maybank offers a variety of accounts and services for foreigners, including current accounts, foreign currency accounts, and investment products. It has a large ATM network and a strong online and mobile banking platform.   

CIMB: CIMB is a large Malaysian bank with a growing international presence. It offers a range of accounts and services for foreigners, including current accounts, savings accounts, and investment products. It has a good online and mobile banking platform and a wide ATM network.   

Other options: Other banks that may be worth considering include Hong Leong Bank, RHB Bank, and Bank Islam.   

When choosing a bank, it's important to consider factors such as fees, interest rates, services offered, and the bank's reputation. It's also a good idea to compare different banks and choose the one that best meets your needs.

You can find more information about these banks and their products and services on their websites.

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