FAQs
Do contact us if you have any other inquiry
Does Making Remittance at Foreigncy Safe?
Yes. It is absolute safe. Foreigncy using Dual control if system ID’s administrator function with the password length must be in alpha numeric, minimum 7 to 8 characters. Furthermore it having Auto Log Off and ID will be expire after 30 days inactive.
Will i Need To Fill Up The Registration Form Every Time Making Remittance?
Member data base will be created when a customer remits for the first time. The Customer only need to re-register again if He/She is inactive for period of 6 months.
Does transaction more than RM 3,000.00 any supporting document required?
Yes. For transaction more than RM 3,000.00 Identity card (IC) / Passport is required for verification purpose.
What type of supporting document needed if the transaction > RM 10,000.00?
Photocopy of Ic/ Passport , Salary slip / bank statement for past 3 months , EA form latest year , Married certificate , For company – Form 9 , 24 , 49 , M&A . For Individual – Form 9 / MPMBB License.
Is there any Tax payable when I receive money from overseas through RSPs or their approved MSB agents?
No. Inward remittance from overseas is a zero rated supply.
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