CIMB Bank Berhad (CIMB Bank) recently announced the launch of CIMB TravelCurrency, becoming Malaysia’s first financial institution to offer an online travel currency service.

The service provides customers, including non-CIMB Bank customers a convenient way to purchase various foreign currency notes online for international travel via CIMB Bank and CIMB Clicks internet banking page at competitive rates. It allows customers to purchase their currency of choice by making their payment through CIMB Clicks or using the FPX channel, which facilitates payment using other financial institutions’ online payment channels.

“We are confident of CIMB TravelCurrency’s unique offering as it provides a new, convenient, fast and secure way for any customer to purchase foreign currencies online at competitive rates, making their travel departure less hassle,” says Renzo Viegas, Chief Executive Officer of Group Consumer Banking, CIMB Group.

Allowing customers to purchase the currency online at their desired time and collect at any of the 11 CIMB Bank Currency Exchange locations, the service allows you to collect from counters that are strategically located at international airports, namely Kuala Lumpur International Airport (KLIA), KLIA 2, Penang International Airport, Langkawi International Airport, Kuching International Airport and Kota Kinabalu International Airport.

CIMB TravelCurrency strives to provide the most competitive rates for the top ten major currencies. Customers would be able to view their desired currency’s exchange rate, place an order, pay for it and pick a date to collect it at their desired location. Customers are allowed to order their foreign currencies up to 60 days ahead, providing them peace of mind against any currency fluctuations. However, a minimum 1-day advance order is required for this service.

Furthermore, this service is offered at no charge to all customers, with no commission or hidden fees incurred during collection.