Best answer: Can an international student open a bank account in Malaysia?

The opportunity to open a savings accounts in Malaysia’s banks for foreign students is not possible under no circumstances without having student visa; you need to get enrollment certificate from the university after the final registration at the university and receiving the student visa.

Which bank is best for international students in Malaysia?

TOP 10 Banks in Malaysia for expats

  • Public Bank. …
  • UOB Malaysia. …
  • Hong Leong Bank. …
  • RHB Bank. …
  • HSBC Bank. …
  • AmBank Group. …
  • Rakyat Bank. The leading Islamic cooperative bank is Rakyat bank. …
  • OCBC Bank. Another bank keeping the foreign banks’ flag flying high is the OCBC bank.

How can an international student open a Maybank account?


  1. Personal Information Form. Get the application form at International Student Office.
  2. Proof of tenancy in Miri. …
  3. Letter of Offer from Curtin Malaysia. …
  4. New Bank Account Letter. …
  5. A photocopy of your current passport. …
  6. Original passport. …
  7. Cash for your initial deposit. …
  8. Visa Confirmation Letter.
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Can a non resident open a bank account in Malaysia?

Can foreigners open a bank account in Malaysia? How about tourists? You do not need to be a resident in Malaysia to open a bank account – however, you’ll need a valid work permit or appropriate visa, which means short term tourists are not likely to be able to get a Malaysian bank account set up.

Can an international student apply for a bank account?

There are two types of bank accounts an international student can choose from in the US: a savings account, and a checking account. … Some banks only allow students to open accounts with a specific student visa such as F1 Visa (academic studies), J1 Visa (practical training) or M1 Visa (vocational studies).

How can a student open a bank account in Malaysia?

What documents do I need to open a bank account?

  1. University Offer Letter.
  2. Letter for Opening a Bank Account issued by the International Office to confirm your status as a student in Malaysia.
  3. Passport with a valid student visa.
  4. Minimum deposit of RM250 – RM500. This varies from bank to bank.
  5. Indemnity Form.

Can I open a bank account online without going to the bank Malaysia?

Yes, you can open a bank account online with a Malaysian bank, BUT there’s a prerequisite. Malaysian banks like CIMB and Maybank offer limited products that can be set up online without the need to personally go to the branch.

Which bank account is best for students in Malaysia?

Savings Account » For Teenagers

  • HSBC Amanah Premier Everyday Global Account-i. …
  • HSBC Premier Everyday Global Account. …
  • HSBC Amanah Advance Everyday Global Account-i. …
  • HSBC Advance Everyday Global Account. …
  • HSBC Amanah Everyday Global Account-i. …
  • HSBC Everyday Global Account. …
  • Standard Chartered Just One Priority Account.
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How can a student open a bank account?

To open a student bank account, your age should be 12 years or more.

  1. Visit the bank branch.
  2. Fill up the application form.
  3. Submit the form with ID proof, address details, and passport size photographs.

Can I open a bank account online in Malaysia?

In theory, it is possible to open a Malaysian bank account online. At Maybank for example, you can open certain accounts by completing an online application form³. However, you may still be required to visit a branch in person to provide your supporting documents⁴.

How can a foreigner open a Maybank account in Malaysia?

Required Primary Documents

  1. Valid Passport (if IC is produced as a Primary document)
  2. Valid driving licence.
  3. Utility bills (e.g. water/electricity/telephone bills, Quit Rent, Assessment Notice) in the name and address of the customer opening the account.
  4. Letter of employment.
  5. Credit card.

Can you open bank account with passport?

You must present a valid form of photo identification when you open a checking account. When you seek to open a new account, the bank is required by law to obtain a valid form of photo ID. … The passport must be valid and not expired in order to use it to open a checking account.

Can international student open bank account online?

Step 4: Apply, online or in person, with your documents

Many banks allow you to open a bank account online, but some may require you to go into a branch. Either way, they’re going to want to see some documentation. It’s likely to include the following: Your ID – ideally your passport.

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Which bank account is best for international students?

List of Best Bank Accounts for International Students in the USA

  • Bank of America Advantage SafeBalance Banking.
  • Wells Fargo Student Checking Account.
  • HSBC USA International Student Account.
  • U.S. Bank Student Checking Account.
  • TD Bank TD Student Checking.
  • Capital One 360 Checking Account.
  • Chase College Checking Bank Account.

Can an international student have two bank accounts?

The rules may vary slightly from bank-to-bank. Some banks even offer student accounts (these have laxer rules in terms of minimum account balance and other such things). Most banks will let you open a debit and a savings account. Yes, you sure can.