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Personal Foreign Currency Denominated Accounts (FCDA)

At a glance

These are accounts that are maintained in Foreign Currencies including USD, GBP, EUR, ZAR, DKK and any other tradable currencies mainly tailored for individuals that receive foreign funds from abroad.

Full details

Deposits into these accounts are made by Telegraphic Transfers. FCDA holders other than exporters are allowed to retain 100% of their Forex receipts in the FCDA and convert the cash when the need arises. Exporters are permitted to retain 60% of export proceeds as determined by current regulations. Customers can open either Resident or Non Resident FCDAs.

Terms & conditions

You can apply for the Personal Foreign Currency Denominated Accounts (FCDA) if you are 18 years of age or over pop into your local branch: Find your nearest branch or send us an enquiry 


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You can download and print an application form for many of our products. Mail the completed form to: register@fdh.co.mw

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Umoyo House, No. 8 Victoria Avenue North, Blantyre, Malawi +2651820219 info@ fdh.co.mw