Maybank business account review [2026]: Features, fees & more
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.4 Although 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 |
|---|---|
|
|
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
One account to manage global payments
Pay your suppliers around the world. Collect payments for free in 20+ currencies. Convert when it suits you. All in one place.
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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