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  Disclosure Information on e-Payment services and fees
   

e-Payment

Intrabank Funds Transfer
Items Over the Counter
Fees and Charges (RM per transaction) NIL
Daily Transaction Limit (RM per day) No limit

*up to RM10,000 per transaction for Non-Resident Account unless its same account holder transfers or under exempt group category. For more information, kindly refer to http://bnm.my/fep

Operating Hours 9:30 a.m. - 4:00 p.m.
Crediting Hour Immediate
 
Interbank GIRO (IBG)
RENTAS

Cheque Services

Cheque and Current Account Services
No
Items
RM
Effective date
(1)
Fee per cheque issued
0.50
2 January 2015
No
Items
Crediting Time
(1)
Monday - Friday
(Cheque deposited before 4.00 p.m.)
T+1 business day
(2)
Monday - Friday
(Cheque deposited after 4.00 p.m.)

T+2 business days

(3)
Non-Business Day

T+2 business days

* T = Cheque Deposited Day

 

Short Description

Description of selected payment services
No Payment Services Description
1. Interbank GIRO An electronic fund transfer payment system which allows transfer of money between participating financial institutions within Malaysia.
2. RENTAS Interbank funds transfer made via RENTAS, with a minimum amount of RM 10,000.
3. Cheque A paper based payment instrument. It is a form of written order directing a bank to pay money to the beneficiary.