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Our wide network offers you the advantage of a variety of Money Market products at competitive prices. You will benefit from the combined experience of our team and commitment to deliver the best value on your investments.
- Banker's Acceptance (BA)
- Negotiable Instrument Of Deposit
- Fixed Deposit
- Foreign Currency Account
- Investment Products
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A Banker's Acceptance (BA) is a bill of exchange, drawn on and accepted by finance institutions on behalf of their clients for trade financing. The tenure of financing ranges from 21 to 200 days.
Banker's Acceptance is a discounting instrument and interest is paid up front by deducting from the principal amount. We provide both conventional and Islamic Banker's Acceptance.
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A Negotiable Instrument of Deposit (NID) is a financial instrument issued by banks for the deposit of a specific sum of money for a fixed period of time at a prefixed interest rate. An NID can be bought or sold before the date of maturity. Our financial strength and standing assures your investment and returns.
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A fixed deposit bears interest at an agreed rate based on a specific maturity date. The tenure may vary from 1 to 60 months. The minimum placement is RM5,000 for 1 to 2 months and RM1,000 for 3 months or longer. A fixed deposit earns higher interest than a savings account and offers protection from interest rate fluctuations.
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We accept currency deposits for major foreign currencies like USD, EURO and AUD, besides MYR deposits. Our wide range of branch networking and extensive correspondent banking relationships enable us to quote competitive pricing for tenures ranging from 1 day to 1 year.
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Our strong presence in the market enables us to offer investors investment products on outright sale basis, such as Banker's Acceptance, Private Debt Securities (PDS), Malaysia Government Securities (MGS), Cagamas, Treasury and Bank Negara Bills.
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