Can foreigners open a bank account in Malaysia?What information is needed?

Because of ChinaE-commerceMany Chinese people asked about the trading needs of companies and Malaysians:

1. Can I open a bank account with Bank Malaysia and Public Bank?
2. So how to transfer funds from Malaysia to Bank of China?

How do Chinese people apply for a bank account in Malaysia?

Foreigners can indeed go to any bank in Malaysia to open an account.

• A student or work permit can be used.
• The only condition is that you are not using a tourist visa to enter Malaysia.
• Without a student pass or work permit, or Malaysia's second home program... Bank accounts are not allowed in Malaysia.

What information do I need to open a bank account in Malaysia?

If you are on a non-tourist visa:You must obtain a reference letter from the relevant company institution or department in order to open an account with a Malaysian bank.

How to write a recommendation letter for opening a bank account in Malaysia?Please click the link below to view ▼

Applying for a Bank Account in Malaysia 2024: How to Write a Recommendation Letter for Opening a Bank Account?

Can foreigners open a bank account in Malaysia? What information is needed? In order to prevent money laundering, domestic banks in Malaysia require customers who wish to open a new bank account to provide proof of employment. Only customers who can produce proof of employment can successfully open a bank...

• Otherwise, it is difficult to open a Malaysian bank account.

Can Malaysian funds be transferred to Bank of China?

• It's simple, both Public Bank and Maybank, can use internet banking for wire transfers.
• However, the exchange rate will be lower than the underground bank, and it will take about 3 to 4 days.

Industrial and Commercial Bank of China Multi-Currency Credit Card

The bank card of Bank of China in Malaysia cannot be withdrawn directly in China because it has two systems.

It is recommended that you open a multi-currency credit card at the Industrial and Commercial Bank of China:

• Kuala Lumpur, Malaysia also has ICBC headquarters.
• Just convert to USD and save it to your account.
• In China, you can withdraw money immediately, which is very convenient.
• To apply for an ICBC credit card, you can go to the local ICBC and ask for information according to your needs.

Malaysia real-name authentication Alipay,as well asWeChat payment real-name authentication, How to open a bank account in China?

Please click the link below to view ▼

Can foreigners open bank accounts in China?Malaysia to open an account in China

How do foreigners apply for a bank account in China?Malaysians share their experiences of opening accounts in China’s 123rd tier cities!Many Malaysians want real-name authentication for Alipay and WeChat payment, and want to know how to open a bank account in China?This article is from March 2018…