July 14, 2020
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Effective Lending Rate The indicative Effective Lending Rate for AmBank is 4.00% with effective from 9 March 2020. Note: Indicative Effective Lending Rate refers to the indicative annual effective lending rate for a standard 30-year housing loan / home financing product with financing amount of RM350k and has no lock-in period.

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An investor may buy a currency call / put option to hedge against unfavourable movement in exchange rates while maintaining the ability to benefit from favourable exchange rate movement. A buyer of a call option can lock in maximum buying price of a future foreign exchange rate.

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AMISLAMIC BANK FIXED DEPOSIT RATES. Check out the fixed deposit rate offered by AmIslamic Bank for various months of placement. Rates show are per annum.

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AmBank Currency Exchange is open 24x7. Foreign Exchange Rates at KLIA2. Foreign exchange rates at Kuala Lumpur Airport Terminal 2 are far from good as the banks here don’t have any competition. At least AmBank fights the monopoly of CIMB Bank and offers a bit fairer rates at KLIA2.

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Foreign Currency Exchange AmBank Bureau de Change (Arrival) Level 3-03, Gateway @ KLIA2, Terminal 2, Kuala Lumpur International Airport, Jalan KLIA2/1, 64000 Sepang, Malaysia Tel:6003-8787 1653 Working Hours: 24 X 7

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The rate indicated is applicable to the 'conventional fixed deposit rates' and the 'AmOnline Rate' product with a tenure of 12 months/1 year. The rate of 3.35% is 0.05% lower than the average 3.4%. Also it is 0.7 % lower than the highest rate 4.05 Updated Mar, 2018

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