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Managing Your Finance

LIVING EXPENSES
Living expenses vary according to individual lifestyles. The amount estimated below is an average figure of the monthly and annual expenses an international student may incur in Malaysia.

EXPENSES

MONTH (RM)

YEAR (RM)

Deposit per person on a rented room (2 months rent- two to a room)

---

600

Other initial expenses (utilities)

---

300

Rent per room (two to a room)

200

2,400

Food

500

6,000

Transport

60

720

Books / Stationery / Equipment

400

4,800

Entertainment / Recreation

250

1,200

TOTAL ESTIMATED COST

1,410

16,020


BANKING FACILITIES

Major Local Banks
The major local banks in Malaysia are:

• Malayan Banking Bhd (MBB)
• Bank Bumiputra Malaysia Bhd (BBMB)
• Public Bank Bhd (PBB)
• Southern Bank Bhd (SBB)
• Standard Charted

Most banks operate on Monday – Friday from 10am to 3pm and on the 2nd and 4th Saturday of the month from 9.30am – 11.30am. However, most banks would have the 24-hours tele-banking systems apart from Internet banking.

Opening a bank account
You should open a bank account as soon as possible after your arrival.
Remember to bring along your passport, RM500 cash and a letter from the academy to certify that you are a student of The One Academy.

Cash cards
A cash card (ATM card) enables you to withdraw cash from Cash-on-Line Automated Teller Machines. Access to your account is with your Personal Identification Number (PIN number).

Do not let others know your PIN number and do not allow others to withdraw money from your account on your behalf.

If you lose your card, call the respective bank immediately.

BANKS

TEL NO

AmBank (www.ambg.com.my)

+603 2612 6888

Bank Islam (www.bankislam.com.my)

+603 2698 9608

Bumiputra Commerce (www.bcb.com.my)

1 300 88 0900

Hong Leong bank (www.hlb.com.my)

1 800 38 8888

Maybank (www.maybank2u.com.my)

1 800 88 2828

Affin Bank (www.affinbank.com.my)

+603 5511 4323

Public Bank (www.publicbank.com.my)

+603 2163 9191

RHB (www.rhbbank.com)

+603 2070 4299


If you still have doubts about the banking system or the location of the banks in Malaysia, kindly seek assistance from our Student Services Department.

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guide to malaysia
malaysia immigration guideline
starting your journey
accommodation in malaysia
managing your finance
places of interest
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