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Foreign Currency Account (CombiNations Account)

HSBC Foreign Currency Account (CombiNations Account)

A foreign currency denominated interest-bearing account (FCA) which provides the opportunity to hold accounts in up to 12 foreign currencies.
Denominations offered: USD, GBP, AUD, SGD, EUR, YEN, BND, CAD, CHF, NZD, HKD and CNY.

Features & benefits

  • Ability to make smarter investment decisions
  • Easy access to your funds via HSBC online banking
  • Low minimum account balance requirements

How HSBC Foreign Currency Account can help you

Hedge against exchange rate fluctuations

HSBC Foreign Currency Account is a good option to hedge against exchange rate fluctuations by keeping money in the account until the rate is beneficial to you. It is suitable for individuals with the following current or future needs:

  • Parents with children studying overseas
  • Individuals who are employed overseas or receive regular income abroad
  • Repatriation of funds from individual Foreign Currency Accounts offshore to be sent back to Foreign Currency Accounts onshore

Funding for your child's future education

If 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 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.

Make smarter investment decisions

Keep tabs on the latest currency performance and market updates on our new FOREX web page.

For Non-Residents employed in Malaysia to retain funds

If you are a Non-Resident employed in Malaysia, you may retain funds in foreign currency received from overseas.

 

How much do I need to open a HSBC Foreign Currency Account?

Minimum deposit amount
Type of currency
Foreign Currency Savings Account
USD United States
1,000
GBP Great Britain
500
AUD Australia
1,500
SGD Singapore
1,500
EUR European Union
700
JPY Japan
100,000
BND Brunei
1,500
CHF Switzerland
1,000
HKD Hong Kong
7,000
CAD Canada
1,000
NZD New Zealand
1,500
CNY China
7,000
Minimum deposit amount
Type of currency
USD United States
Foreign Currency Savings Account
1,000
Type of currency
GBP Great Britain
Foreign Currency Savings Account
500
Type of currency
AUD Australia
Foreign Currency Savings Account
1,500
Type of currency
SGD Singapore
Foreign Currency Savings Account
1,500
Type of currency
EUR European Union
Foreign Currency Savings Account
700
Type of currency
JPY Japan
Foreign Currency Savings Account
100,000
Type of currency
BND Brunei
Foreign Currency Savings Account
1,500
Type of currency
CHF Switzerland
Foreign Currency Savings Account
1,000
Type of currency
HKD Hong Kong
Foreign Currency Savings Account
7,000
Type of currency
CAD Canada
Foreign Currency Savings Account
1,000
Type of currency
NZD New Zealand
Foreign Currency Savings Account
1,500
Type of currency
CNY China
Foreign Currency Savings Account
7,000

Apply for HSBC Foreign Currency Account

Find a nearest branch and talk to our staff about applying for Foreign Currency Account.

Things you should know

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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