Malaysian bank account for foreigners

I have no idea what does Malaysia thinks with himself that doesn’t let foreigners to have bank accounts in the country without holding visa types of student, employment or permanent. Most of the grown countries in the world now let anyone who enter their borders to have a bank account as long as they have their identity documents. Well I guess they are scared of someone investing money in their country as they might lose, this is how does Malaysians government logic is.

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