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Maybank business account review [2026]: Features, fees & more

Last update: July 2, 2026

Contents

Compare Maybank business accounts on account types, fees and features–and see how they stack up against WorldFirst for your cross-border business needs

Key takeaways

Maybank offers several business accounts, including corporate current accounts, Shariah-compliant current accounts, and foreign currency options
The corporate current account has no monthly fee, but there’s a service change and international transactions attract separate fee
The Master Foreign Currency Account lets businesses hold and transact in major currencies such as USD, GBP and EUR
Opening a Maybank business account requires a minimum deposit of RM2,000 and other necessary company documents
WorldFirst is an alternative that lets businesses set up a multi-currency account in 20+ currencies, including USD, CNH, GBP, EUR and AUD, for free

If you run a business in Malaysia, a Maybank business account is a familiar option for day-to-day banking. Maybank offers several business accounts, ranging from conventional current accounts to Shariah-compliant and foreign currency options.^{1,2, 3}

In this review, we take a look at each Maybank business account and the services it provides. We also compare Maybank with WorldFirst so you can choose the right foreign currency account for your global business.

What is a Maybank business account?

Maybank is a Malaysian bank that offers business banking products through its local branch network and online platforms such, Maybank2uBiz and Maybank2E.¹ Its business account range includes both current accounts and foreign currency accounts.

Maybank business customers can also access services such as overdraft facilities, SME financing, the Maybank QRPayBiz code for cashless collections, and bulk payments.

Different types of Maybank business accounts

Maybank offers several business accounts, each suited to different needs. Here are some of the top Maybank business accounts more suited for businesses

Corporate Current Account (CCA)

This is conventional business current account for everyday banking needs, including domestic transfers, payments and collections.¹

Main features of the Corporate Current Account (CCA)¹

Sign-up online for the account (though you may still be asked to visit the branch once)
Overdraft facilities available, subject to eligibility
Internet banking via Maybank2uBiz and Maybank2E

Fees¹: No monthly fee. RM10 service charge per half year, waived for an average monthly balance of RM1,000 or above. Minimum deposit of RM2,000 is also required

Current Account-i (CA-i)

A Shariah-compliant version of the Corporate Current Account, based on the Commodity Murabahah (cost-plus-sale) contract.²

Main features of the Current Account-i (CA-i)²

Shariah-compliant structure based on Commodity Murabahah
Cashline-i facilities available but subject to eligibility
Internet banking via Maybank2uBiz and Maybank2E

Fees²: No monthly fee. RM10 service charge per half year, waived for an average monthly balance of RM1,000 or above. Minimum deposit of RM2,000

Master Foreign Currency Account (MFCA)

This is a foreign currency account that lets businesses receive and make payments in major currencies such as USD, GBP, EUR and AUD.³ Though Maybank doesn’t clearly specify exactly how many currencies are supported.

Main features of the Master Foreign Currency Account³

Holds and transacts in major currencies including USD, GBP, EUR and AUD
Offers the flexibility to manage multiple currencies under a single account number, or one account per currency³

Fees: Service charges, transaction limits and FX margins are not transparently published on the Maybank website; confirm with Maybank before opening

Master Foreign Currency Account-i (MFCA-i)

This is a a Shariah-compliant foreign currency account based on the Qard (loan) contract, available in more than 10 major currencies.⁴Although the exact currencies supported isn’t shared by Maybank

Main features of the Master Foreign Currency Account-i⁴

Shariah-compliant structure based on Qard
Available in more than 10 major currencies
Designed to reduce costs on fund transfers and losses during currency conversion
Helps manage exposure to currency fluctuations

Fees⁴: US$4 or equivalent service charge per credit/debit transaction. Minimum of RM0.01 and maximum of RM50,000 per transaction

Quick look: Pros and considerations of a Maybank business account

Pros	Cons
No monthly fee on the Corporate Current Account and Current Account^2,3 Access to a wide branch network and cheque book facilities¹ Foreign currency accounts available in major currencies such as USD, GBP and EUR³	The Master Foreign Currency Account requires several company documents and possibly a branch visit to open³ The exact number of currencies supported by the Maybank foreign currency account are not shared

Maybank business account fees: The breakdown

Maybank’s four business accounts share some fee structures and differ on others. Take a look at how the fees compare:

Fee type	CCA¹	CA-i²	MFCA³	MFCA-i⁴
Monthly fee	Zero	Zero	Zero	Zero
Minimum deposit	RM2,000	RM2,000	Not specified	Not publicly specified
Account service charge	RM10 per half year, waived for an average monthly balance of RM1,000 or above	RM10 per half year, waived for an average monthly balance of RM1,000 or above	Not specified	USD 4 or equivalent per credit/debit transaction
FX rates and conversion margins	Per Maybank FX rates	Per Maybank FX rates	Per Maybank FX rates	Per Maybank FX rates

*Fees checked in June 2026

How to open a Maybank business account

Step 1: Apply online and activate the account at your nearest Maybank branch via the Premier Lane.¹
Step 2: Place the minimum deposit of RM2,000 and submit the required company documents.¹
Step 3: Set up online banking through Maybank2uBiz or the M2U Biz app to start transacting.¹

Maybank business bank account alternative: WorldFirst

WorldFirst is an international payments provider that helps businesses manage cross-border payments. The World Account is a multi-currency account that lets businesses hold, send, receive and convert funds across major currencies from a single platform, with no setup fee or monthly fee.

Unlike a traditional business bank account, the World Account can be opened entirely online.

Here are the key features of the World Account

Local currency accounts

The World Account provides local account details to receive international payments in 20+ currencies with zero fees and no minimum balance. Businesses can also collect from 130+ marketplaces and payment gateways, including Lazada, Shopee and TikTok Shop, and manage those earnings in one account. Businesses can hold the collected funds to make further payments or convert the funds into their local currency at competitive exchange rates.

International payments and FX tools

Businesses can send payments in 100+ currencies to 200+ countries and territories, with funds typically arriving within hours.

Payments to China

WorldFirst offers a CNH local currency account and World Pay, the authorised international payment provider for 1688.com, so businesses can pay suppliers in CNH directly from the World Account.

Maybank business account or WorldFirst: which suits your business?

The right option depends on how your business operates. If you need branch access, cheque books, overdrafts or local financing, a traditional business bank account may suit you better.

But if you are in global trade, a multi-currency account or foreign currency account built around global payments could be worth comparing.

References

https://www.maybank2u.com.my/maybank2u/malaysia/en/business/deposits/deposit_account/corporate_current_account.page
https://www.maybank2u.com.my/maybank2u/malaysia/en/business/deposits/deposit_account/corporate_current_account_i.page
https://www.maybank2u.com.my/maybank2u/malaysia/en/business/deposits/deposit_account/master_foreign_currency_account.page
https://www.maybank2u.com.my/maybank2u/malaysia/en/business/deposits/deposit_account/master_foreign_currency_account_i.page

This article is intended for informational purposes only and does not constitute legal advice or professional advice. WorldFirst makes no representations or warranties regarding the accuracy, completeness, or applicability of the content, and readers are encouraged to consult with legal professionals or other professionals for advice tailored to their specific situation. WorldFirst does not guarantee the accuracy and completeness of this article and expressly disclaims any and all liability to any person in respect of the consequences of anything done or omitted to be done wholly or partly in reliance on this article.

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Maybank business account review [2026]: Features, fees & more

What is a Maybank business account?

Different types of Maybank business accounts

Corporate Current Account (CCA)

Current Account-i (CA-i)

Master Foreign Currency Account (MFCA)

Master Foreign Currency Account-i (MFCA-i)

Quick look: Pros and considerations of a Maybank business account

Maybank business account fees: The breakdown

How to open a Maybank business account

Maybank business bank account alternative: WorldFirst

Local currency accounts

International payments and FX tools

Payments to China

Maybank business account or WorldFirst: which suits your business?

References

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