GXBankGXBank

Malaysia 数字银行 Fully online Permit holders ★ 4.1
Minimum depositNo minimum deposit
Monthly feeNo monthly fee
Minimum balanceNo minimum balance
How to applyFully online (eKYC in the app with a Malaysian number and MyKad or passport)
Processing timeOnline ~10-20 min; review usually same day to 2 business days
Institution typeDigital Bank
Data baseline 2026-10. Editor-verified, but rules change — confirm with the official site before applying. Data transparency →

About this bank

One of the first institutions licensed as a digital bank by Bank Negara Malaysia, launched in late 2023 with investment from GXS and Khazanah-related parties, focused on fully online onboarding and high-yield savings.

Advantages

  • One of Malaysia’s first licensed digital banks with fully online onboarding
  • No monthly fee, no minimum balance, competitive savings rate
  • PIDM-insured up to RM250,000

Things to note

  • Requires a Malaysian number and MyKad; foreigners need a passport and face stricter review
  • A newer brand with maturing features
  • Limited cash access

Documents required

  • A Malaysian mobile number
  • MyKad (foreigners: passport plus a valid visa or permit)
  • A selfie for face verification

Requires a Malaysian mobile number and MyKad; foreigners can try with a passport plus a valid visa or work permit, but short-stay visitors are usually not eligible.

Opening offers & benefits

Standing benefits

These are stable, standing account benefits (not time-limited) — available as long as you qualify:

Bank offers change frequently by region and quarter. Checked 2026-10; follow the bank's official promo page.

FAQ

Can non-residents open an account with GXBank?

Partially. Foreigners can try with a passport plus a valid Malaysian visa or work permit, though review is stricter; short-stay visitors are usually ineligible.

How much money do I need to open a GXBank account?

No minimum deposit — the account can be opened at zero.

What documents are required for a GXBank account?

A Malaysian mobile number, MyKad (or passport plus a valid visa/permit), and a selfie check.

How long does GXBank account opening take, and must I visit a branch?

About 10–20 minutes in the app, with review usually the same day to two working days.

Why might a GXBank application be rejected?

Common reasons: no MyKad or insufficient visa status, failed face verification, a number not in your name, or failed KYC.

Does GXBank have any opening offers or new-account rewards?

Standing benefits: No Monthly Fee, No Min Deposit, Fully Online, Digital Bank, Fast Approval. Promotions change by region and quarter — always check the bank's official promo page (verified 2026-10).

Ready? Open your account

Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.

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