Ringgit Borrowing from Non-Resident
By resident entity
Resident entity is free to borrow:
- Any amount of ringgit to finance real sector activities in Malaysia from either non-resident entity within its group or non-resident direct shareholder;
- Up to RM1 million in aggregate from any other non-resident, other than a non-resident financial institution, for use in Malaysia; and
- Any amount through issuance of tradable securities or redeemable preference shares (RPS) denominated in ringgit to non-resident for use in Malaysia.
By resident individual
Resident individual is free to borrow:
- Any amount of ringgit from non-resident immediate family member; and
- Up to RM1 million in aggregate from other non-resident, other than a non-resident financial institution for use in Malaysia.
Further Information
- Notice 2 - Borrowing, Lending and Guarantee [PDF]
- Notice 5 - Securities and Financial Instruments [PDF]
- Information Note on Sukuk and Bonds [PDF]
- Frequently Asked Questions (FAQs) [PDF]
Application Submission
A resident 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) |
