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Currency The unit of currency is the Malaysian Ringgit indicated as RM, which is equivalent to 100 cents. Coins are issued in denominations of 1, 5, 10, 20, 50 sen and RM1. Currency notes are in RM1, 2, 5, 10, 20, 50, and 100. Currency Exchange All commercial banks are authorised foreign exchange dealers; major hotels are only licensed to buy or accept foreign currency in the form of notes and traveller's cheques. You can almost change any currency with any money changers in town or shopping center. Credit/Debit Cards and ATMs American Express, Diners Club, MasterCard and Visa are widely accepted. Traveller's Cheques Accepted by all banks, hotels and large department stores. Banking Hours Mon-Fri 0915-1630 (some branches open on Saturdays). Banks in Kelantan, Kedah and Terengganu open Sun-Thurs 0915-1600/1630
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Currency & Banking