(i) We would like to advise you NOT to do any transaction with unknown people on the internet. Nowdays, there are a lot of cases where people get scammed by scammers overseas (as well as locals). It is IILEGAL to participate in forex business on line. Only licensed institutions by Bank Negara are allowed to do FOREX business.
(ii) on the limits to bring in/out cash through wire transfer please be informed that:
To Bring in: - Investment by non resident n Malaysia - no limit - Loan from Non-Resident: i. To individual up to RM10 million in aggregate ii. To corporate up to RM100 million in aggregate on corporate group basis
To bring out - Loan to Non-Resident/Investment abroad up to RM50 million per calendar year on corporate group basis - up to RM 1 million per calendar year for individual Both cases above for Residents with Domestic Borrowing
For Resident with no domestic borrowing, there is no limit but have to register if the amount of investment/loan to Non-Resident is more than RM50 million
(iii) The business is illegal, therefore whether its taxable or not, you have to liaise/contact The Inland Revenue Department (Lembaga Hasil Dalam Negeri).
Hope the above explaination clarifies your enquiries.
maknanya, bank negara tak terima ke duit scammer2 ni?camna nak tau platform forex yang telah pun di iktiraf oleh bank negara?
senang je mana2 corp, private, bank2, investment bank yg telah mendapat lesen,register,kelulusan dr BNM tulah yg diiktiraf.Cth macam ECM Libra, ING,Hwang DBS,Prudential,Osk dan semua local bank & foreign bank dah lama market forex
