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Malaysia Financial Services
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    Global and International Bank Accounts in Malaysia
    Unlike retail banking customers, high networth customers seek a banking service that is tailored to their needs, that offers them a high degree of confidentiality, jurisdictional stability and access to an international / global range of financial products and services. To cater to such a discerning clientele, Malaysia created the Labuan Interna tional Business and … Continue reading Global ...
    How do Foreign Currency Fixed Deposits Work?
    In Malaysia, Foreign Exchange Administration (FEA) rules are administered by Bank Negara Malaysia (BNM) under the Financial Services Act 2013 and the Islamic Financial Services Act 2013 to safeguard the value of the currency of Malaysia. Under these rules (that were last updated on 03rd December 2014), Malaysia continues to maintain a liberal foreign exchange … Continue reading How do Foreig...
    Fixed Deposit Interest Rates In Malaysia
    What Are Fixed Deposit Accounts? Fixed Deposits (FD) or Time Deposits are accounts that offer a fixed, guaranteed rate of interest for a fixed period of time. What Factors Determine Fixed Deposit Rates? Fixed deposit rates are determined by the bank issuing the fixed deposit. However, there are a number of factors that influence the … Continue reading Fixed Deposit Interest Rates In Mal...