International students new to Malaysia want to settle in as soon as possible. Opening a bank account will help you achieve this. All international students are advised to open a bank account in Malaysia as this if by far the safest and most effective way of managing your money.
Bank accounts are also useful if you decide to seek part time employment as employers will want to pay your earnings directly into one.
- Original Passport.
- Letter of Opening Bank Account issued by the International Office of your college or university to confirm your status as a student in Malaysia.
- A Minimum Deposit of RM 250.
Note: For those who are under 18 years old, you will need an indemnity form signed by your parents and witnessed by the relevant authority in order to open bank account without any hassle.
TO ENSURE THAT YOUR ACCOUNT IS ACTIVE EVEN IF YOU ARE NOT IN MALAYSIA FOR MORE THAN 2 MONTHS….
- Maintain a minimum balance of RM 100.00