1. Why Choose to Open an Account with RHB Bank?

RHB Bank is Malaysia's fifth-largest financial institution, known for its comprehensive banking services, convenient online account opening process, and nationwide branch network. Whether you’re saving, transferring funds, or trading internationally, RHB offers a full suite of solutions. Its online account opening feature greatly simplifies the process of "opening a bank account in Malaysia."

2. Step-by-Step RHB Online Account Opening Process

RHB currently supports online account opening for select savings and current accounts, including RHB MaxSave, Smart Account, and Savings Account - i.

Required Documents:

• Malaysian citizens: MyKad (identity card)

• Foreign nationals: Passport

• Proof of address (e.g., utility bill)

• Malaysian mobile number and email address

• Online banking account from another bank under your name (for initial deposit verification)

Application Steps:

1. Visit the RHB website or app and submit your application

2. Verify your mobile number via OTP

3. Upload identification and complete facial recognition

4. Create your RHB online banking ID

5. Transfer your initial deposit via FPX from another bank (minimum depends on account type)

6. Once approved, your debit card will be mailed within 4–9 business days

Note: If activation is not completed within 30 days, the account will be automatically closed. The daily transaction limit for inactive accounts is RM5,000.

3. Account Type Overview: Which RHB Account Suits You?

1. Savings Accounts

2. Current Accounts

3. Fixed Deposits

• Standard FD: RM5,000 minimum for 1-month term; only RM500 for terms of 2 months or more

• Islamic Murabahah FD: Starts at RM1,000 with flexible terms and Shariah-compliant profit model

4. Transparent Overview of RHB Account Fees

Savings Account Fees

• Account closed within 3–6 months: RM20

• Dormant account: RM10 per year (if no activity for 12 months)

• Debit card: No annual fee for limited usage; unlimited transactions available with paid plan

Current Account Fees

• If average daily balance falls below RM1,000: RM5/month

• Cheque return, stop payment, etc.: RM20–RM150 depending on reason

• Account closed within 3 months: RM20 fee applies

Important Notes for Online Account Opening

• Initial deposit must be transferred via FPX from your own account

• If initial funding is not completed, account will be closed and funds refunded after 30 days

5. Recommended Debit and Credit Card Products

Debit Cards:

The RHB Multi-Currency Visa Card (RM20 annual fee) allows cross-border spending with no currency conversion fees. Smart Account holders receive the limited edition “Chibi Superman” card, ideal for young users.

Credit Cards (available after account setup):

• RHB Premier Visa Infinite: Premium card offering 8x points on overseas spending and complimentary airport lounge access

• RHB Shell Visa Card: Up to 12% cashback on fuel; ideal for drivers

• RHB Cash Back Card: Up to 10% cashback on everyday expenses

6. Account Management and Customer Support

• Receiving Your Debit Card: For online applicants, the card will be mailed upon successful account activation. Alternatively, collect at branch after in-person verification.

• Using Online Banking: Once your account is active, log in via RHB Now or the RHB Mobile App to manage your account, transfer funds, and pay bills.

• Customer Support: For assistance, contact the bank at 03-92068118 or email [email protected].

7. Frequently Asked Questions (FAQs)

Q1: Can foreigners open an RHB account?

A: Yes, but you’ll need a valid passport, proof of residence, and address documentation.

Q2: Is RHB online account opening secure?

A: Yes. The process uses multi-factor authentication and FPX verification to ensure account safety.

Q3: Will my credit record be affected if I don’t activate the account?

A: No. The account will simply be closed after 30 days and the deposit refunded.

Q4: Do I need to visit a branch?

A: No need for branch visits if identity verification is completed online. If not, you’ll need to activate in person.

Conclusion: Start Your RHB Banking Journey with Ease

Whether you're looking for high-yield savings, convenient digital banking, or rewarding credit card offers, RHB is one of Malaysia’s top choices for new account holders. Take advantage of RHB’s online account opening feature today and make banking smarter and simpler!

Further Reading:

•  A Complete Guide to Opening a Bank Account in Malaysia: Comparison of All Banks + Tips to Avoid Pitfalls When Opening an Account
•  Malaysia 2025 Top 5 Bank Account Opening Tips