Foreign Currency Account | 12 Currencies

HSBC Malaysia
Accounts
Foreign currency

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.

How to apply for HSBC Foreign Currency Current Account

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.

Log on to FOREX This link will open in a new window

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.

Find a branch click to go to branch finder page.

Visit branch by appointment This link will open in a new window

Frequently asked questions

Read full FAQ Click to Foreign Currency Account FAQs page

Things you should know

Foreign currency account 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.

Foreign Currency Account (CombiNations Account)