Business DuitNow Hong Leong Bank

Business DuitNow Hong Leong Bank

DuitNow


DuitNow allows you to receive and transfer funds instantly 24/7. This replaces the current Instant Transfer service.

Instant Transfer service has been replaced in December 2019. Start using DuitNow to perform your immediate funds transfer in Hong Leong ConnectFirst. 

duitnow receive fund via business registration number

Receive funds via Business Registration No. and Account No. instantly 

duitnow transfer fund

Transfer funds via Account No., Business Registration No., Mobile No., IC No. and Passport No.

duitnow business zero fee

ZERO fees for transactions of any amount

Differences between DuitNow & Instant Transfer

Items

DuitNow

Instant Transfer (IBFT)

 

Features

Receive funds via Business Registration No. and Account No.

Transfer funds via Business Registration No., Account No., Mobile No., IC No. and Passport No.  within member banks instantly.

Transfer or receive funds via account numbers within member banks instantly.

Fees and charges (RM per transaction)

Sole-proprietors, partnership and SME:

Waived for Transaction amount ≤ RM5,000;

Waived¹ for Transaction amount > RM5,000

Transaction amount ≤ RM5,000 (Waived)
Transaction amount > RM5,000 (RM0.50)

Corporates: (Waived)¹

Daily transaction limit (RM per day)

Based on businesses specified own limit.

DuitNow per transaction limit is RM10million

Based on businesses specified own limit.

Instant Transfer per transaction limit is RM1million

Operating hours

24 hours

Crediting time

Immediate

1Charges will be waived until 31 December 2021. Effective 1 January 2022, a minimum fee of RM 0.50 per transaction may be charged.

 

Steps to transfer funds via DuitNow:

1) Login to HL ConnectFirst > Select "Payments" module

2) Go to "Initiate" > "DuitNow" and fill up the transaction details

3) Under "Beneficiary Information" at "Transfer To" dropdown list, select "Account No. / Business Registration No. / Mobile No. / IC No. / Passport No.


One-time Registration to Receive funds via Business Registration Number:

Steps to nominate any of your HLB/HLISB current account as the Receiving Account

1) Login to HL ConnectFirst, under “Data Maintenance” tab, select “DuitNow ID” > “Registration”

2) Business Registration No. will be displayed, select your preferred account for DuitNow transactions

3) Share your Business Registration No. to your customers/ suppliers so they can transfer funds to you via DuitNow using their preferred online banking services.

(Click here to sign up for Hong Leong ConnectFirst).

 

No registration is required to receive funds via Account No.

Your customers/ suppliers can transfer funds to your Account No. via DuitNow using their preferred online banking services.

Important notice

Please click here for the exhaustive list of fees and charges.

 

Important notice

Please click HERE for the exhaustive list of fees and charges.

Important notice

Please click HERE for the exhaustive list of fees and charges.

DuitNow FAQ

Call 03-76617777 or drop by your nearest Hong Leong Bank branch today!