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Does my Labuan company have to bank in Labuan?

Last updated: Oct 21, 2026, 17:46 (UTC+08:00)

No. It can apply to banks in Labuan, elsewhere in Malaysia where their rules allow, or abroad, and to licensed payment institutions. The best choice depends on where your customers pay from and in which currency. We introduce suitable options and prepare the application; the bank decides.

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