lifestyle03Opening a bank account is quite easy. There are several merchant banks located around HELP University. Students are required to present their passport and reference letter from HELP University for opening the bank account. HELP International Student Department (ISD) will accompany the students to open the bank account after students.

The Malaysian currency is called “Ringgit Malaysia or RM” It is issued in RM100, RM50.00, RM10.00, RM20.00, RM5.00 and RM1.00 bank notes; and in 5cents, 10 cents, 20 cents and 50 cents in coins.

Opening a bank account is quite easy. There are several merchant banks located around HELP University. Students are required to present their passport and reference letter from HELP University for opening the bank account. HELP International Student Department (ISD) will accompany the students to open the bank account after students have reported to ISD and students will fill up the required form for opening bank account. The initial deposit of RM250 is required for opening a bank account.

RHB Bank Berhad (also known as the Rashid Hussein Bank) is a bank based in Kuala Lumpur, Malaysia. It specializes in commercial banking, corporate and investment banking and international banking services. RHB Bank was (or is? If was, when?) the third largest bank in Malaysia, with 200 offices in Malaysia.

Malayan Banking Berhad is the largest bank and financial group in Malaysia, with significant banking operations in Singapore, Indonesia and the Philippines. Maybank operates consumer banking, business and corporate banking as well as private banking services, through a network of 384 branch offices and more than 2,800 automated teller machines in Malaysia.

HSBC Bank Malaysia Berhad was incorporated locally in Malaysia in 1994. It is part of the HSBC Group and is wholly owned by Hong Kong-based The Hongkong and Shanghai Banking Corporation Limited. HSBC Bank Malaysia, the largest foreign-owned bank in Malaysia, offers a full range of personal and commercial services from a network of branches and direct channels. The bank has a network of 40 branches nationwide.

CIMB Bank is the consumer banking arm of CIMB Group offering retail banking services to over 6 million customers in 324 branches nationwide.