Foreign Currency Deposit
BMMB’s Treasury welcomes Foreign Currency Deposits in 5 currencies, US Dollar, Euro Dollar, Australian Dollar, Singapore Dollar and Great Britain Pound Sterling;
- attractive returns for your placement;
- Minimum amount is USD 100,000.00 or equivalent;
- Any tenure can be catered for;
- Deposits are done according to Islamic principles of Wadiah or Commodity Murabahah;
We also provide daily market commentaries and outlook on future trends of other foreign currencies return;
And we also offer Foreign Currency Accounts with our branches; where the Foreign currency deposit can be placed with any branches or can be placed in our Labuan Offshore Branch(the profits earned is subjected to be tax free)
Who Are Eligible As Depositors?
Non-personal accounts include companies, multinationals and corporations (Offshore & foreign Off-shore Companies);
Residents, PRs and non-residents; and Embassies, Consulates
