About GXBank
GXBank is a Grab-affiliated digital bank that operates without physical branches and is entirely app-based. It has gained attention for its daily interest feature, but account opening requires MyKad (Malaysia's national identity card), which means foreigners cannot open accounts as a general rule. We include it here for reference when comparing options.
Basic info
| Bank type | Digital Bank |
|---|---|
| Official name | GX Bank Berhad |
| Branch visit & procedure | Not required (no physical branches) |
| Required documents | MyKad (Malaysia ID) required |
| Features | Savings rates, Strong mobile app |
| Best for | (For Malaysian citizens) |
| Official site | https://gxbank.my/ |
| Notes | Foreigners (those without MyKad) are generally unable to open accounts |
