Opening Bank Account
How do I open a Bank Account?
To open a bank account in Malaysia you will need the following:
- Original Passport, with a student pass
- The “Letter of Opening a Bank Account” issued by the International Student Support to confirm your status as a student in Malaysia
- Offer letter- issued by Student Registry as proof of enrolment in the university
- "Student Confirmation Letter"- issued by Student Registry
- The EMGS approval letter – Students can request printed copy from the Visa Office
- A copy of E-Val issued by the Malaysian Immigration
- Minimum deposit: Must be in Malaysian Ringgit (MYR) – RM250 – RM300
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For Students Below 18 Years Old:
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- When opening a new bank account, students under the age of 18 must have a parent physically present at the bank.
- Requirements:
- Indemnity Form – To be provided by the bank at the time of account opening.
- Parent’s Passport Photocopy – A clear copy must be submitted.
- Additional documents may be required, subject to the bank’s policies and requirements.
Important Notes for Opening a Bank Account in Malaysia:
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Waiting Period
Please be informed that there is a minimum waiting period of 1–2 months for bank account processing. -
Cash Preparation
Students are strongly advised to bring sufficient cash to cover initial expenses until the bank account is successfully opened. -
Malaysian Currency
Please ensure that you obtain Malaysian Ringgit (MYR) before entering Malaysia, or exchange currency at the airport upon arrival. -
Bank Options Based on Visa Status:
- Without a Student Visa: You may open a bank account only with Affin Bank.
- With a Student Visa: You may open a bank account with Affin Bank or CIMB Bank, subject to the bank’s requirements.
- Please note that Maybank is currently not allowing our students to open bank accounts with them.
For further information please contact:
Ms. Rita Vengidesan, International Student Support Officer
- Tel: +6 (03) 8924 8750
- Email: international.support@nottingham.edu.my
