University of Nottingham Malaysia
International Student
     
  

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

  • For Students Below 18 Years Old:

    • When opening a new bank account, students under the age of 18 must have a parent physically present at the bank.
    • Requirements: 
      1. Indemnity Form – To be provided by the bank at the time of account opening.
      2. Parent’s Passport Photocopy – A clear copy must be submitted.
      3. Additional documents may be required, subject to the bank’s policies and requirements.

Important Notes for Opening a Bank Account in Malaysia:

      1. Waiting Period
        Please be informed that there is a minimum waiting period of 1–2 months for bank account processing.

      2. Cash Preparation
        Students are strongly advised to bring sufficient cash to cover initial expenses until the bank account is successfully opened.

      3. Malaysian Currency
        Please ensure that you obtain Malaysian Ringgit (MYR) before entering Malaysia, or exchange currency at the airport upon arrival.

      4. 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

 

International Student Support

University of Nottingham
Jalan Broga, 43500 Semenyih
Selangor Darul Ehsan, Malaysia

telephone: +6 (03) 8924 8661
fax: +6 (03) 8924 8005

Make an enquiry