Fees & Charges - Payment Services

Payment Services

Transfer to 3rd Party Hong Leong Account 

No. Items Channels
Online Banking Mobile Banking ATM Over-the-counter (OTC)
1) Fees and Charges
(RM per transaction)
Zero fees
2) Daily transaction limit
RM50,000.00 combined limit RM50,000.00 
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

Branch opening hours

Branch opening hours

5)

Crediting time

(i) Monday - Friday

Immediate

 

(ii) Non-business days

Immediate

 

 

Interbank GIRO (IBG)

No. Items Channels
Online Banking Mobile Banking ATM Over-the-counter (OTC)1

1)

Fees and Charges
(RM per transaction)

Zero fees

RM0.10

Bank's existing customer RM0.30

2)

Daily transaction limit 

RM50,000.00 combined limit

RM50,000.00 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

N/A

N/A

5)

Operating hours

12.10am to 11.55pm

Branch opening hours

Branch opening hours

Note: 
For IBG Funds Transfer timing, please click here

1 FOC for senior citizens and the disabled persons

 

Instant Transfer

No. Items Channels

ATM

1)

Fees and Charges
(RM per transaction)

RM0.50 (for transfer above RM5,000)

2)

Daily transaction limit

RM50,000.00 
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

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

 

DuitNow to Account (also known as Instant Transfer) / Mobile / Other ID

No. Items Channels
Online Banking Mobile Banking ATM

1)

Fees and Charges
(RM per transaction)

Zero Fees

N/A

2)

Daily transaction limit

RM50,000.00
combined limit

N/A

3)

Payment reference

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

Yes

N/A

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

Yes

N/A

4)

Operating hours

24 hours

N/A

5)

Crediting time

(i) Monday - Friday

Immediate

N/A

(ii) Non-business days

Immediate

N/A

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
N/A N/A N/A
 (For Sole Proprietors eligible for ATM cards, kindly refer to Bank Website for individual table for charges)
N/A
(ii) Other corporates N/A N/A
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

Note: 
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)
RM0.30
(ii) Other corporates RM0.10 RM0.30
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

Note: 
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 ATM
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
To be available by end Dec 2015 To be available by end Dec 2015
(ii) Availability of beneficiaries' names and payment references in payers' bank statement To be available by end Dec 2015 To be available by end Dec 2015
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

Note: 
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 SME1 Other corporates

1)
Other related charges

(i) Maintenance / subscription fee
FOC RM15
(ii) Security tokens Waived for 1 token fee
Subsequently RM50 per token
RM50 per token
(Applicable to Payment module only- minimum 1 tokens)
(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

Note: 
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: https://www.bnm.gov.my/e-payment-services-and-fees

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