Frequently Asked Questions

What is Premium Currency Investment (PCI)?
Who can invest in PCI?
What is the minimum age to invest in PCI?
Are there any restrictions to opening a PCI Account?
What are the benefits of opening a PCI Account?
Can I cancel my PCI deal?
Who might find this investment suitable?

1. What is Premium Currency Investment (PCI)?

Premium Currency Investment is a dual currency investment that is non-principal protected. It offers the investor the potential for an enhanced rate of return

2. Who can invest in PCI?

Residents

Citizen of Malaysia, excluding those with foreign PR and who reside abroad
Non-citizen of Malaysia who has obtained PR status in Malaysia and resides in Malaysia

Non residents

Any person other than a resident
Malaysian citizen with foreign PR and who resides abroad

3. What is the minimum age to invest in PCI?

An investor must be at least 21 years of age and above to be eligible to invest in PCI.

4. Are there any restrictions to opening a PCI Account?

A minimum investment of RM 250,000* must be placed for any Premium Currency Investment deal.

* The minimum investment amount is RM250,000. However, for individuals with net personal assets exceeding RM3 million or its equivalent in foreign currencies, or non-individuals with net assets exceeding RM10 million or its equivalent in foreign currencies, an investment amount of RM50,000 can be accepted.

5. What are the benefits of opening a PCI Account?

Potential of earning higher interest rates than a local ringgit account
Short term investment with tenures as short as 1 week
Diversification of investment
No annual / management fee
Customise deals

6. Can I cancel my PCI deal?

Yes. However the costs of early cancellation may have the effect of reducing the amount of prinicipal repayable. As such, it is not advisable to cancel your Premium Currency Investment account deal prior to its maturity.

7. Who might find this investment suitable?

An investor who

Is indifferent to either currency selected
Has a need for both currencies
Wants to diversify an investment portfolio
Is willing to accept exchange rate risks associated with this investment

WARNING
THE RETURNS ON YOUR STRUCTURED PRODUCT INVESTMENT WILL BE AFFECTED BY THE PERFORMANCE OF THE UNDERLYING ASSET/REFERENCE, AND THE RECOVERY OF YOUR PRINCIPAL INVESTMENT MAY BE JEOPARDISED IF YOU MAKE AN EARLY REDEMPTION.