Category
Webull Mini Program (Touch 'n Go)
  • About us
  • Account Related
  • Transaction Activities
  • Trading in US Market
  • Trading in HK
  • Trading in A-Shares
  • Fraud prevention
  • Others
About Us
Account Related
Transaction Activities
Trading in MY (Securities)
Trading in US Market
Trading in MY (Futures)
Trading in US Options
Trading in HK
Global Futures
Trading in A-Shares
Moneybull
Profit & Loss Analysis
Desktop
Share Transfer
Subscription
Fraud prevention
Others
Recurring Stock Investment Program

What is Foreign Exchange Administration (FEA) (TnG)?


Foreign Exchange Administration (FEA) rules are a set of regulations implemented by Bank Negara Malaysia ("BNM") under the Financial Services Act 2013 and Islamic Financial Services Act 2013 to protect the value of the Malaysian currency.



We recommend that you consult the comprehensive and up-to-date set of FEA Rules available on Bank Negara Malaysia (BNM)'s website at https://www.bnm.gov.my/fep



These rules are applicable to existing Residents with Domestic Ringgit Borrowings (DRB), subject to an aggregate FEA investment limit of up to RM1 million (per calendar year).


The Domestic Ringgit Borrowing refers to any borrowing ringgit obtained by a resident from another resident excluding one (1) housing load and one (1) vehicle loan, and other domestic borrowings.



There is no FEA investment limit for individuals without DRB, as well as for Non-Residents with or without DRB.

Was this helpful?
Yes
No