Fund Transfer Services
RENTAS
Features / Benefits
- Transfer of high value interbank fund within Malaysia amongst participating banks.
- Currency involved – Ringgit Malaysia (MYR) only
- Real-time/instant fund transfer
Services Available Via : -
- Over-the-Counter (OTC) in all branches
- Corporate Internet Banking (CIB)
Transaction Limits
The minimum amount is RM10,000.00.
Processing Cut-Off Time
The processing cut-off time is 3:00pm on working days. Transactions performed after cut-off time/during holiday will be processed on the next working day (Kuala Lumpur). Beneficiary will receive the remitted fund on the same day.
Interbank GIRO (IBG)
Features / Benefits
- A transfer and payment platform in Malaysia which allows fund transfer between over 40 IBG member banks
- No minimum transfer amount
- Minimal cost
- Fast, safe and convenient
Services Available Via : -
- Over-the-Counter (OTC) in all branches
- ATM/CRM
- M Journey Online Banking (RIB & CIB)
- M Journey Mobile Application
Transaction Limits
| Channels Available | Transaction Limit | Combined Limit |
|---|---|---|
| OTC | RM1,000,000.00 | No limit * |
ATM/CRM
|
RM5,000 RM10,000 |
RM50,000.00 |
M Journey
|
RM30,000.00 * | |
| M Journey Corporate Online Banking | RM1,000,000.00 * |
* Subject to Bank's approval.
Processing Time
Customers can perform transactions OTC during banking hours and anytime via ATM/CRM, Internet Banking, and Mobile Banking. Depending on when the transaction is performed, beneficiaries will receive the fund as timing indicated below:
| Payment Initiated by Customers | Funds Received by Beneficiaries | Refund for Unsuccessful Transactions | ||
|---|---|---|---|---|
| Business Days (Monday - Friday) | 5:01am - 8:00am | Same Business Day | By 2:00pm | By 8:20pm |
| 8:01am - 11:00am | By 5:00pm | By 11:00pm | ||
| 11:01am - 2:00pm | By 8:20pm | By 11:00am (next business day) |
||
| 2:01pm - 5:00pm | By 11:00pm | By 11:00am (next business day) |
||
| After 5:00pm | Next Business Day | By 11:00am | By 5:00pm (next business day) |
|
| Saturday, Sunday and Federal Territory Public Holidays | Next Business Day | By 11:00am | By 5:00pm (next business day) |
|
SWIFT
Features / Benefits
- Transfer in foreign currencies
- No minimum / maximum* amount
- Fast, efficient, accurate, and secure
Note: * Subject to Bank’s approval
Services Available Via : -
- Over-the-Counter (OTC) in all branches
- M Journey Individual Online Banking
- M Journey Corporate Online Banking
Note: * Prices are exclusive of SST.
Currencies Available
Currently, the bank offers transactions in following currencies:
| UAE Dirham | AED |
| Bahraini Dinar | BHD |
| Chinese Yuan | CNY |
| Euro | EUR |
| British Pound | GBP |
| Indonesian Rupiah | IDR |
| Japanese Yen | JPY |
| Qatari Riyal | QAR |
| Saudi Riyal | SAR |
| Singapore Dollar | SGD |
| Thai Baht | THB |
| United States Dollar | USD |
Processing Cut-Off Time
| Executing a foreign currency remittance | |
|---|---|
| Inward TT | Cut off time is 2:00pm
|
| Outward TT | Cut off time is 4:00pm
|
Note: The date of receiving funds subject to completeness of information and extent of checks/due diligence performed by individual banks.