Financial Markets
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Current/ Savings Deposit

Deposits and withdrawals can be made at any time. The interest computation/ payment is on daily basis and credited monthly to the customer’s account.

Protected by PIDM up to RM250,000.00 for each depositor

Time Deposit (TD)

A time deposit bears interest at an agreed rate based on a specific maturity date. The tenor may vary from 1 to 12 months or longer. A fixed deposit earns higher interest than a savings account and offers protection from interest rate fluctuations.

Protected by PIDM up to RM250,000.00 for each depositor


Money Market Deposits (MMD)

The placement of funds which give customers an opportunity to earn interest from their short term funds. The tenor may vary from less than 1 month.

Not Protected by PIDM


Negotiable Instrument of Deposit (NID)

A Negotiable Instrument of Deposit (NID) is a financial instrument issued by banks for the deposit of a specific sum of money for a fixed period of time at a specified rate of interest. NID can be bought or sold to a third party, but cannot be redeemed before the date of maturity.

Not Protected by PIDM


Foreign Currency Account (FCA)

CCBM accepts currency deposits such as Renminbi, USD, EURO and CNH. The tenors are ranging from 1 to 12 months or longer. The FCA interest rates are dependent on market rates and could fluctuate from day to day.

Protected by PIDM up to RM250,000.00 for each depositor



Foreign Remittance

Telegraphic transfers for those customers who have opened account with our bank.


Spot Contract

A foreign exchange Spot Contract is the buying and selling of currency with a delivery of two trading days from the date of transaction. Spot rates can be adjusted to provide for transactions taking place today or tomorrow. These transactions are known as "Value Today" or "Value Tomorrow".

We provide foreign exchange quotations for a wide spectrum of currencies to meet your inward and outward remittance needs. Competitive quotations are based on the threshold amounts.

Forward Exchange Contract

A Forward Exchange Contract (FEC) is a contractual agreement to buy or sell currencies on a predetermined future date at an agreed exchange rate. It is generally used to offset or hedge against future rate exposure from export/import activity and foreign currency denominated loans or bonds.