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UPK Information
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show details 7/11/08
En xxxxxxx,
Section 4(1) of Exchange Control Act 1953 which is governed by Bank Negara Malaysia states that,
"Except with the permission of the Controller, no person, other than an authorised dealer, shall, in Malaysia:-
(a) buy or borrow any foreign currency from;
(b) sell or lend any foreign currency to; or
(c) do any act which involves, is in association with, or is preparatory to, buying or
borrowing any foreign currency from, or selling or lending any foreign currency to,
any person other than an authorised dealer."
Section 4(2) of the same Act states that;
"Except with the permission of the Controller, no person resident in the scheduled territories, other than an authorised dealer, shall, in Malaysia, do any act which involves, is in association with, or is preparatory to, buying or borrowing any foreign currency from, or selling or lending any foreign currency to, any person outside Malaysia."
Part II of the Act states that,
(2A) ... any person who commits an offence under subsection 4(1) or (2) punishable under this Part shall, on conviction, be liable to a fine not exceeding one million ringgit or to imprisonment for a term not exceeding five years or to both and the court may order any currency , property involved in respect of the commission of the offence to be forfeited.
Secara umumnya hanya bank perdagangan sahaja yang dibenarkan untuk membuat urusniaga matawang asing di Malaysia. Untuk maklumat lanjut sila rujuk laman web Bank Negara Malaysia di
www.bnm.gov.my. (sila klik di bahagian hyperlink)
Terima kasih.