Overview

International banking services including foreign currency deposits and loans, trade financing, treasury services and Islamic banking solutions.

Wholesale banking and International offshore banking services including foreign currency deposits and loans, trade financing, treasury services and Islamic banking solutions carried out in, from or through Labuan International Business Financial Centre in foreign currency with a Resident, Non-resident or with another Labuan entity.

Definition of Resident:-

Resident means a legal entity or person who has established a place of business in Malaysia (including Labuan), citizen or permanent resident.

 
About

Maybank International Labuan Branch (“MILB”) is one of the mid shore financial institution operating in International Business Financial Centre located in Federal Territory of Labuan as one of Maybank’s centre of excellence for non-ringgit assets with emphasis on corporate and commercial banking clients.  Since declared as Labuan International Business and Financial Centre (“Labuan IBFC”) in 1990, Labuan IBFC has experienced steady growth in reputation and financial standing under purview by a single regulator named Labuan Financial Services Authority (“Labuan FSA”). 

Maybank’s presence at Labuan IBFC was established in 1990 with the incorporation of Maybank International (L) Ltd (MILL), a wholly-owned subsidiary of Maybank.  In June 2013, Maybank obtained another offshore banking license to operate Maybank International Labuan Branch (MILB), a full branch of Maybank.  

Services

Operating under strict confidentiality and secrecy of each client's business affairs and transactions as provided under the Labuan Financial Services and Securities Act 2010, MILB offers the following range of international banking services:-

Conventional:-

  • Credit Facilities;
  • Deposit: All transactions shall be made via SWIFT telegraphic transfers (“TT”). Over-the-counter cash, cheque and/or Bank Draft are NOT PERMITTED by Labuan FSA;
  • Trade Finance services;
  • Treasury Services;
  • Remittances/ Funds Transfer;

Islamic:-

  • Financing;
  • Deposit/ Investment account:  All transactions shall be made via SWIFT telegraphic transfers (“TT”). Over-the-counter cash ,  cheque and/or Bank Draft are NOT PERMITTED by Labuan FSA;
  • Trade Finance services;
  • Treasury Services;
  • Remittances/ Funds Transfer;

Currencies:-

  • Banking transaction is in major foreign currencies;
  • Transactions in controlled/ less liquid currencies are based on Maybank’s internal policy (appetite)/liquidity position;
  • MILB currently is not dealing in Ringgit (MYR), Indonesian Rupiah (IDR), Indian Rupees (INR), Philippine Peso (PHP), Chinese Renminbi (CNY) and Brunei Dollar (BND);
Subsidiaries

MAYBANK SUBSIDIARIES IN LABUAN IBFC

Banking

  • Maybank international (L) Ltd.

Insurance

  • Etiqa Life international (L) Ltd.
  • Etiqa Offshore insurance (L) Ltd.
Contact Us

Maybank International (L) Ltd

Level 16 (B), Main Office Tower
Financial Park Labuan, Jalan Merdeka
87000 Federal Territory Labuan
Malaysia

Tel: +6087-414406
Fax: +6087-414806
Email: milbcs@maybank.com

SWIFT: MBBEMY2L