Fees & Charges - Payment Services

Payment Services

Intrabank Funds Transfer

No. Items Channels
Internet Banking Mobile Banking ATM Over-the-counter (OTC)
1) Fees and Charges
(RM per transaction)
FOC
2) Daily transaction limit
(RM per day)
RM50,000.00 combined limit RM30,000.00 
combined limit
No limit
3) Payment reference

(i) Availability of payers' names and payment references in beneficiaries' bank statement
Yes
(ii) Availability of beneficiaries' names and payment references in payers' bank statement Yes
4) Operating hours 24 hours 00.01am to 11.59pm Branch opening hours
5) Crediting time

(i) Monday - Friday
Immediate
(ii) Non-business days Immediate

 

Interbank GIRO (IBG)

No. Items Channels
Internet Banking Mobile Banking ATM Over-the-counter (OTC)1
1) Fees and Charges
(RM per transaction)
RM0.00 RM0.10 Bank's existing customer RM0.50 to RM2.00
2) Daily transaction limit 
(RM per day)
RM50,000.00
combined limit
RM30,000.00 combined limit No limit (IBG per transaction limit is RM1million)
3) Payment reference

(i) Availability of payers' names and payment references in beneficiaries' bank statement
Yes
(ii) Availability of beneficiaries' names and payment references in payers' bank statement Yes
4) Future-dated payments Yes No N/A
5) Operating hours 12.10am to 11.54pm 00.01am to 11.59pm Branch opening hours

*Subject to Government Tax, if applicable

For IBG Funds Transfer timing, please click here

1 FOC for senior citizens and the disabled persons

 

Instant Transfer

No. Items Channels
Internet Banking Mobile Banking ATM
1) Fees and Charges
(RM per transaction)
RM0.00 RM0.50 (for transfers above RM5,000)
2) Daily transaction limit
(RM per day)
RM50,000.00
combined limit
RM30,000.00 
combined limit
3) Payment reference

(i) Availability of payers' names and payment references in beneficiaries' bank statement
Yes
(ii) Availability of beneficiaries' names and payment references in payers' bank statement Yes
4) Operating hours 12.10am to 11.54pm 00.01am to 11.59pm
5) Crediting time For all channels
(i) Monday - Friday Immediate
(ii) Non-business days Immediate
6) Refund Time N/A

*Subject to Government Tax, if applicable

 

RENTAS

No. Items Channels
Internet Banking Mobile Banking ATM
1) Fees and Charges 
(RM per transaction)
N/A RM5.00
2) Payment reference

(i) Availability of payers' names and payment references in beneficiaries' bank statement
N/A To be available by end Dec 2015
(ii) Availability of beneficiaries' names and payment references in payers' bank statement N/A To be available by end Dec 2015
3) Operating hours N/A Branch opening hours
4) Crediting time

(i) Monday - Friday
N/A Within 30 minutes upon receipt of confirmation advices
(ii) Non-business days N/A
5) Refund time

For funds received before 5.30pm
N/A On the same working day based on best effort basis
For funds received after 5.30pm N/A On the next working day

*Subject to Government Tax, if applicable

 

Other related fees / charges for online banking

No. Items RM
1) Other related charges
(i) Maintainance / subscription fee
N/A
(ii) Security tokens N/A
(iii) Annual digital certificates N/A
(iv) Salary payment / payroll N/A
(v) Notification / SMS (1) FOC for e-mail
(2) RM0.20 for SMS
(vi) Training Online demo video
2) Incentives and packages Refer to here

*Subject to Government Tax, if applicable

DuitNow

No.

Items

Channels

Business online banking

Mobile banking

ATM

Over-the-counter (OTC)

1)

Fees and Charges

(RM per transaction)

(i) Sole-proprietors, partnership and SME¹

FOC

N/A

N/A

N/A

 

(ii) Other corporates

FOC²

2)

Daily transaction limit

(RM per day)

(i) Sole-proprietors, partnership and SME¹

Businesses to specify own limit. DuitNow per transaction limit is RM10million

 

(ii) Other corporates

3)

Payment reference

(i) Availability of payers’ names and payment references in beneficiaries’ bank statement

Yes

 

(ii) Availability of beneficiaries’ names and payment references in payers’ bank statement

Yes

4)

Operating hours

24 hours

5)

Crediting time

(i) Monday - Friday

Immediate

 

(ii) Non-business days

6)

Refund time

N/A

*Subject to Government Tax, if applicable

¹ For manufacturing sector, sales turnover not exceeding RM50 mil or full-time employees not exceeding 200 workers; for services and other sectors, sales turnover not exceeding RM20 mil or full-time employees not exceeding 75 workers

² The Charges will be waived until 31 December 2019. Effective 1 January 2020, a minimum fee of RM 0.15 per transaction may be charged to Other Corporates for any amount of DuitNow transactions.
 

Instant Funds Transfer

No.

Items

Channels

Business online banking

Mobile banking

   ATM   

Over-the-counter (OTC)

1)

 

Fees and Charges

(RM per transaction)

(i) Sole-proprietors, partnership and SME¹

Transaction amount

<= RM5,000 (FOC)

Transaction amount

> RM5,000 (RM0.50)

N/A

N/A

N/A

(ii) Other corporates

2)

 

Daily transaction limit

(RM per day)

(i) Sole-proprietors, partnership and SME¹

Businesses to specify own limit. Instant Transfer per transaction limit is RM100,000

(ii) Other corporates

3)

 

Payment reference

(i) Availability of payers’ names and payment references in beneficiaries’ bank statement

Yes

(ii) Availability of payers’ names and payment references in payers’ bank statement

Yes

4)

Operating hours

24 hours

5)

 

Crediting time

(i) Monday - Friday

Immediate

(ii) Non-business days

6)

Refund time

N/A

*Subject to Government Tax, if applicable

¹ For manufacturing sector, sales turnover not exceeding RM50 mil or full-time employees not exceeding 200 workers; for services and other sectors, sales turnover not exceeding RM20 mil or full-time employees not exceeding 75 workers.

 

Intrabank Funds Transfer

No. Items Channels
Business Online Banking
Mobile Banking ATM Over-the-counter (OTC)
1) Fees and Charges
(RM per transaction)


(i) Sole-proprietors, partnership and SME¹
FOC N/A N/A
 (For Sole Proprietors eligible for ATM cards, kindly refer to Bank Website for individual table for charges)
FOC
(ii) Other corporates FOC
FOC
2) Daily transaction limit
(RM per day)


(i) Sole Proprietors, partnership and SME¹
No limit (Customer / company to specify own limit) No limit
(ii) Other corporates No limit (Customer / company to specify own limit) No limit
3) Payment Reference

(i) Availability of payers' names and payment references in beneficiaries bank statement
Yes Yes
(ii) Availability of beneficiaries' names and payment references in payers' bank statements Yes Yes
4) Operating hours 24 hours Branch opening hours
5) Crediting time

(i) Monday - Friday
Immediate N/A
(ii) Non-business days
6) Refund time N/A N/A

*Subject to Government Tax, if applicable

¹ For manufacturing sector, sales turnover not exceeding RM50 mil or full-time employees not exceeding 200 workers; for services and other sectors, sales turnover not exceeding RM20 mil or full-time employees not exceeding 75 workers

 

Interbank GIRO (IBG)

No. Items Channels
Business Online Banking
Mobile Banking ATM Over-the-counter (OTC)
1) Fees and Charges
(RM per transaction)


(i) Sole-proprietors, partnership and SME¹
RM0.10 N/A N/A
(For Sole Proprietors eligible for ATM cards, kindly refer to Bank Website for individual table for charges)
RM2.00
(ii) Other corporates RM0.10 RM2.00
2) Daily transaction limit
(RM per day)


(i) Sole Proprietors, partnership and SME¹
No limit (Customer / company to specify own limit. IBG per transaction limit is RM1million) No limit 
(IBG per transaction limit is RM1million)
(ii) Other corporates
3) Payment Reference

(i) Availability of payers' names and payment references in beneficiaries bank statement
Yes Yes
(ii) Availability of beneficiaries' names and payment references in payers' bank statements Yes Yes
4) Future-dated payments Yes N/A
5) Operating hours 24 hours Branch opening hours
For All Channels
6) Funds Availability
(Payment initiated)


(i) Monday - Friday
(Business Days)
Receiving Account Credited
Before 5:00am Same Business Day By 11:00am
5:00am to 8:00am Same Business Day By 2:00pm
8:00am to 11:00am Same Business Day By 5:00pm
11:00am to 2:00pm Same Business Day By 8:20pm
2:00pm to 5:00pm Same Business Day By 11:00pm
After 5:00pm Next Business Day By 11:00am
(ii) Saturday, Sunday and Federal Territory Public Holidays(Non-Business Days) Next Business Day By 11:00am
7) Refund time
(Refund initiated)


(i) Monday - Friday (Business Days)
Receiving Account Credited
Before 5.00am Same Business Day By 5:00pm
5.00am - 8.00am Same Business Day By 8:20pm
8.00am - 11.00am Same Business Day By 11:00pm
11.00am - 2.00pm Next Business Day By 11:00am
2:00pm to 5:00pm Next Business Day By 11:00am
After 5:00pm Next Business Day By 5:00pm
(ii) Saturday, Sunday and Federal Territory Public Holidays(Non-Business Days) Next Business Day By 5:00pm

*Subject to Government Tax, if applicable

¹ For manufacturing sector, sales turnover not exceeding RM50 mil or full-time employees not exceeding 200 workers; for services and other sectors, sales turnover not exceeding RM20 mil or full-time employees not exceeding 75 workers

Note: 6% GST will be imposed on all fees/charges charged by the Bank where applicable effective 1 April 2015.
1 For manufacturing sector, sales turnover not exceeding RM50 mil or full-time employees not exceeding 200 workers; for services and other sectors, sales turnover not exceeding RM20 mil or full-time employees not exceeding 75 workers
Note: 6% GST will be imposed on all fees/charges charged by the Bank where applicable effective 1 April 2015.
1 For manufacturing sector, sales turnover not exceeding RM50 mil or full-time employees not exceeding 200 workers; for services and other sectors, sales turnover not exceeding RM20 mil or full-time employees not exceeding 75 workers
Note: 6% GST will be imposed on all fees/charges charged by the Bank where applicable effective 1 April 2015.
1 For manufacturing sector, sales turnover not exceeding RM50 mil or full-time employees not exceeding 200 workers; for services and other sectors, sales turnover not exceeding RM20 mil or full-time employees not exceeding 75 workers
Note: 6% GST will be imposed on all fees/charges charged by the Bank where applicable effective 1 April 2015.
1 For manufacturing sector, sales turnover not exceeding RM50 mil or full-time employees not exceeding 200 workers; for services and other sectors, sales turnover not exceeding RM20 mil or full-time employees not exceeding 75 workers

 

RENTAS

No. Items Channels
Business Online Banking
Mobile Banking Over-the-Counter (OTC)
1) Fees and Charges
(RM per transaction)


(i) SME¹
RM2.00 N/A RM5.00
(ii) Other corporates RM5.00 RM14.00
2) Payment Reference

(i) Availability of payers' names and payment references in beneficiaries' bank statement
Yes Yes
(ii) Availability of beneficiaries' names and payment references in payers' bank statement Yes Yes
3) Operating hours 24 hours Branch opening hours
For All Channels
4) Crediting time

(i) Monday - Friday
Within 30 minutes upon receipt of confirmation advices N/A Within 30 minutes upon receipt of confirmation advices
(ii) Non-business days N/A N/A
5) Refund Time

(i) For funds received
before 5.30pm
On the same working day based on best effort basis On the same working day based on best effort basis
(ii) For funds received
after 5.30pm
On the next working day On the next working day

*Subject to Government Tax, if applicable

¹ For manufacturing sector, sales turnover not exceeding RM50 mil or full-time employees not exceeding 200 workers; for services and other sectors, sales turnover not exceeding RM20 mil or full-time employees not exceeding 75 workers

 

Other related fees/charges for business online banking

No. Items Sole-proprietors, partnerships, societies and SME 1 Other corporates

1)
Other related charges

(i) Maintenance / subscription fee
FOC RM15
(ii) Security tokens Fee waived for 2 tokens
Subsequent tokens at RM50 each
RM50 per token
(iii) Annual digital certificates RM10 p.a
(Applicable to Payment module only)
(iv) Salary payment / payroll No separate charge
(v) Notification / SMS N/A
(vi) Training Online Guide available

*Subject to Government Tax, if applicable

¹ For manufacturing sector, sales turnover not exceeding RM50 mil or full-time employees not exceeding 200 workers; for services and other sectors, sales turnover not exceeding RM20 mil or full-time employees not exceeding 75 workers

To get listing of Individual and Business e-payment services offered by banking institutions in Malaysia and comparison of fees please click here: http://www.bnm.gov.my/index.php?ch=ps&pg=ps_epayment&ac=431&lang=en.

For enquiries, connect with us online or drop by your nearest Hong Leong Bank Branch.