1-300-88-6688 or +603-7844 3696 (overseas) any time, any day. That includes holidays.
1-300-88-6688 or +603-7844 3696 (overseas) any time, any day. That includes holidays.
Call 1-800-88-3231 or
+603-2072 1373 for credit cards and 1-300-88-6688 for ATM cards to report it immediately
Reach our internet banking fraud hotline at +603-5891 4744
We provide foreign exchange services including over-the-counter transactions, spot contracts and forward exchange contracts.
Benefits
Over-the-Counter Transaction
Over-the-counter (OTC) telegraphic transfers, demand drafts and currency notes at branches.
Spot Contract
A foreign exchange Spot Contract is the buying and selling of currency with a delivery of two trading days from the date of transaction, e.g. a Spot Contract transacted on Monday will settle on Wednesday.
Forward Exchange Contract
A Forward Exchange Contract (FEC) is an agreement to buy or sell currencies at a future date of more than two trading days at a predetermined price.
An FEC can be either at a premium (i.e. higher than spot rate) or discounted (lower than spot rate) price, depending on the interest differential between the two currencies. It is used to offset or hedge against future rate exposure on receivables or payables in other currencies.
Currency Options
A Currency Option Contract provides the buyer (holder) with the right (not obligation) to buy or sell currency at a predetermined rate (strike price) on a specific future date.
The buyer of the Option pays an upfront fee or premium to the seller in exchange for the right featured in the Option Contract. This instrument is generally used to hedge and manage uncertain future currencies exposure.
Malayan Banking Berhad (acting through its various branches and affiliates, “Maybank”) would like to highlight certain matters relating to Maybank’s role in foreign exchange (“FX”) markets and to disclose relevant practices of Maybank when acting in the FX markets.
This disclosure notice is part of Maybank’s effort to provide transparency to its FX customers on its business practices. To the extent that customers continue to enter into FX transactions with Maybank, it will be on the basis that they have read and understood the following.
For more info, please refer to the FX Global Code Disclosure Notice here: link
For more details, contact us at the following numbers: