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Investor Guide:
Investor Guide:
Buying and selling in the FX market
Any non-resident will find the Malaysian financial market is easily accessible and open through its large network of licensed onshore banks. A non-resident can also undertake FX transactions involving ringgit directly overseas via the Appointed Overseas Offices (“AOO”) of the licensed onshore banks.
Step 3
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01
Step 1 Engaging with relevant entities
Reach out to these entities to undertake FX transactions.
For Residents / Non-Residents
02
Step 2 Understanding regulations/ guidelines
Under the prevailing Foreign Exchange Policy, a non-resident investor is free to –
- undertake any type of investment in ringgit asset or foreign currency asset in Malaysia (direct or portfolio investment) without any restrictions;
- open a ringgit account or foreign currency account with a licensed onshore bank. Funds are free to be remitted into and out of such accounts, subject to normal due diligence process by the licensed onshore bank; and
- repatriate divestment proceeds, profits, dividends or any income arising from the investments in Malaysia. Repatriation shall be made in foreign currency.
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Step 3 Need help? Contact us
For help with investing in FX markets, contact the relevant entities for guidance and support.
Intermediaries
Oversight authorities
Bank Negara Malaysia
Website
https://www.bnm.gov.my/Contact Number
+603 2784 8888, 1300-88-5465
Additional resources
For access to market insights, visit Bank Negara Malaysia’s Financial Markets Investor Portal