From 1 July 2024, the charges for cheque usage will be raised for USD denominated cheques.
We have prepared a list of Frequently Asked Questions and the new charges for your reference.
Islamic Deposits
Conveniently transact in major foreign currencies
Maybank Foreign Currency Current Account-i #ForYou
Benefits
- Potential bonus in hibah may be distributed at the Bank’s discretion to customers.
- Transfer foreign currency funds to your Singapore Dollar account anytime with Business Internet Banking.
- Deposit and withdraw major currencies in cash, demand drafts or telegraphic transfers
Requirements
ELIGIBILITY
- Sole proprietorships
- Partnerships
- Limited Liability Partnerships (LLP)
- Incorporated Companies
- Charities
- Societies
- Associations
Initial Deposit
- S$1,000
Account opening is subject to the Bank's approval.
Fees and Charges
| Description | Fees and Charges |
|---|---|
| Cheque Issuance |
US$0.75 per cheque (from 1 November 2023) |
| Cheque Deposit (only for USD Current Accounts) |
Free (till 30 June 2024) US$0.75 per cheque (from 1 July 2024) |
| Fall-below fee (per month) | US$5 equivalent if your average daily balance fall below US$1,000 or its equivalent in the month |
| Early Account Closure (wthin 6 months) | USD20 if the account is closed within 6 months of opening |
| Others | Click to view the other applicable transactional charges and service fees |