Commodity Murabahah Foreign Currency Current Account-i

Protected by PIDM up to RM250,000 for each depositor
Commodity Murabahah Foreign Currency Current Account-<i>i</i>

Need flexibility and good returns on your Foreign Currency Current Account? Our Commodity Murabahah Foreign Currency Current Account-i is here for you.

 

Denominations offered: AUD, EUR, GBP, SAR, SGD and USD

Features & Benefits
  • Initial deposit of 

           o USD1,000 or its equivalent (Individual)

  • No minimum balance to maintain.
  • Expand your opportunities overseas with an account that hedges against foreign currency fluctuations as they keep it for future use.
  • Attractive returns under simple tier rates which is calculated daily and paid monthly.
  • Protected by PIDM up to RM250,000 for each depositor.
Foreign Currency Balance Band Rate
US Dollar (USD) Up to USD2.5 million 4.75%
Above USD2.5 million 5.00%
Saudi Arabia Riyal (SAR) Up to SAR2.5 million 4.75%
Above SAR2.5 million 5.00%
Great Britain Pound (GBP) Any Amount 4.25%
Australian Dollar (AUD) Any Amount 3.50%
Singapore Dollar (SGD) Any Amount 3.25%
Euro Dollar (EUD) Any Amount 3.00%

 

Note: These profit rates are applicable for individual customer only and not inclusive of 0.01% agency fee.

 

Commodity Murabahah (via Tawarruq arrangement)

Fees & Charges

FEES TYPE DETAILS
Service Fee

NIL

Dormant Account

(an advice will be sent to customer advising customer to re-activate account)

With balances up to RM10
• Account will be closed and the balance will be absorbed by the Bank as fee income

With balances greater than RM10
• Account will be closed and the balance will be absorbed by the Bank as fee income

Activation of dormant account
• Waived                                                                                                                                                                                    

Request for Additional Statement:

 • Within a year

 • More than a year

 

• RM10 per statement

• RM20 per statement

Half Yearly Service Charge

• applicable if Average Balance for Half- Year is Less Than USD1,000 or its equivalent

USD 10.00 or its equivalent
Request for Audit Confirmation RM50
Agent Fee Fee @ 0.01% p.a. 
(payable to Al Rajhi Nominee Tempatan)

e-Application Form

Terms and Conditions


Product Enquiry

Kindly provide us with your details and our Bank representative shall get in touch with you soon.

https://orig-www.alrajhibank.com.my/page/personal/deposit-accounts/commodity-murabahah-foreign-currency-current-account-i

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