Foreign Currency Borrowing in Malaysia and from Abroad
By resident entity
A resident entity is free to borrow any amount in foreign currency (FC) from:
- Licensed onshore banks
- Resident or non-resident entities within its group of entities
- Resident or non-resident direct shareholders
- Another resident through issuance of FC debt securities
A resident entity may borrow in FC up to a prudential limit of RM100 million equivalent in aggregate from non-resident financial institutions and other unrelated non-residents, including through issuance of securities or Islamic securities denominated in FC.
By resident individual
A resident individual, sole proprietor or general partnership may obtain up to a limit of RM10 million equivalent in aggregate from licensed onshore banks and non-residents other than immediate family members.
Further Information
- Notice 2 - Borrowing and Guarantee [PDF]
- Notice 5 - Security, Islamic Security, Financial Instrument or Islamic Financial Instrument [PDF]
- Information Note on Sukuk and Bonds [PDF]
- Frequently Asked Questions (FAQs) [PDF]
Application Submission
A resident entity or resident individual must apply before undertaking transactions other than stated above through online submission portal. Relevant application forms and user guides are listed below for reference. Please do not submit hardcopy application.
|
Application |
Form |
|---|---|
|
Offshore Borrowing from Non-Resident |
Form OB-NR (previously known as Form 10A) |
|
Changes to Approved Offshore Borrowing |
Form OB-CT (previously known as Form 10D and 10G) |
|
Issuance of Redeemable Preference Shares to Non-Resident |
Form OB-RPS (previously known as Form 10F) |
