When do I need foreign currency? Where do I exchange currency?
Foreign currency notes and coins are normally required if you want to travel overseas. Importers and exporters, require foreign currency for making payment for their imports and other trade transactions.
These foreign currency needs can only be met by licensed money changers
and authorised dealers
The authorised dealers are:
- All banking institutions
- All Islamic banking institutions
- Bank Islam Malaysia Berhad 1
- Selected Non-banks dealers
- The official website of Bank Islam Malaysia Berhad
Reprinted with permission from BankingInfo (A Consumer Education Programme)
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