QUOTE(gandalfaaron @ Mar 15 2024, 03:55 PM)
Hi
Does any one know if there is any bank in Malaysia or Singapore that allows the opening of foreign currency fixed deposit by putting in the foreign currency via cash?
I have some GBP and would like to put it into an FD cause converting back is not worth it considering I got it around 2015 when the rate was at its all time high, I think 1 GBP = 6.7 MYR, if not mistaken.
Cause I search around and mostly it seems that you have to put it in home currency (SGD or MYR) then the bank will convert to the foreign currency you want.
But is there any bank that allows you to bank in the actual currency?
Any advice is appreciated.
Thank you
Your GBP could be the old design. It has to go back to the Bank of England and redeemed to the new design.Does any one know if there is any bank in Malaysia or Singapore that allows the opening of foreign currency fixed deposit by putting in the foreign currency via cash?
I have some GBP and would like to put it into an FD cause converting back is not worth it considering I got it around 2015 when the rate was at its all time high, I think 1 GBP = 6.7 MYR, if not mistaken.
Cause I search around and mostly it seems that you have to put it in home currency (SGD or MYR) then the bank will convert to the foreign currency you want.
But is there any bank that allows you to bank in the actual currency?
Any advice is appreciated.
Thank you
Mar 18 2024, 10:41 AM

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