Malaysia Banking Solution allows clients residing in Malaysia to make deposits in local currency (MYR).
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Currency: |
MYR |
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Fees / Commission: |
No commission |
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Processing Time: |
30 minutes |
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Minimum amount per transaction: |
MYR 50 |
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Maximum amount per transaction: |
MYR 50,000 |
Note: Please refer to your MyFXTM dashboard for the most up-to-date information about deposit
Please follow these steps to make a deposit using Malaysia Banking Solutions:
- Log in to your MyFXTM.
- From the left-hand menu navigate to 'My Money' > 'Deposit funds'
- Check the pre-selected trading account or wallet and enter the local currency amount you'd like to deposit. You may also enter the amount in your trading account currency (e.g. USD) and it will show the amount in local currency automatically.
- Click the "Deposit" button next to "Malaysia Banking Solution"
- Enter your bank account number and then click "Confirm".
- Please recheck your deposit details and click "Submit". You will be redirected to the payment page with a list of available banks for payment.
- Click on the bank name icon to proceed with the payment
- You will be redirected to the bank page where you need to enter your login credentials for your Internet banking account.
- Once you have logged in, you will be required to authorize the transaction through your bank mobile application.
Note: There is a time limit for you to log in to your Internet banking portal as well as to authorize the transaction through the mobile application. If you have not completed the process within the period, the payment process will be interrupted with an error message shown. However, you may still return to your MyFXTM by clicking on "Redirect now" button