Transfers

Transfers

You may transfer funds to your own accounts or a third party account within AFFINBANK / AFFIN ISLAMIC as well as other bank accounts via :

  • Interbank GIRO (IBG) – Service fee of RM 0.11 (inclusive of 6% GST) per transaction
  • Instant Transfer – Service fee of RM 0.53 (inclusive of 6% GST) per transaction

Yes, you may schedule future funds transfer – at a future date or on a recurring basis.

Yes, you may edit / delete your future or recurring transfer as below :

  • Click on Transfers from main menu. You may view your schedule transfer at “Transfer Transactions between dd/mm/yyyy and dd/mm/yyyy”.
  • Select the Scheduled Transfer you wish to edit or cancel at “Transfer From” column.
  • Click at Edit or Delete button.

OWN ACCOUNT TRANSFER

Transfer Funds within your own AFFINBANK account(s).

Steps on how to perform One Time Own Account Transfer :

  • Click on Transfers from Main Menu and select Transfers from sub menu.
  • Select on Own Account Transfer
  • Select on Saving or Current Account at Transfer From drop down list
  • Select on Saving or Current Account at Transfer To drop down list
  • Enter Amount (RM)
  • Key in Memo (Optional-you may key in some remarks for your personal reference)
  • Select on Frequency of transfer i.e. One Time Only, Every Month or Every Quarter from drop down list
  • Enter the number of occurrences for recurring transaction or continue until further notice (If you select the Frequency of transfer Every Month or Every Quarter).
  • Click on Next
  • Verify details entered and click on Confirm

3rd PARTY ACCOUNT TRANSFER

Transfer Funds to other AFFINBANK account’s holder.

Open 3rd Party or Inter-Bank Account Transfer

  • Customer can perform account transfer to any valid account without having to register the account details.
  • This is normally used for a one-time transfer only

Registered 3rd Party or Inter-Bank Account Transfer

  • Customers have to register the account details online under "Transfer Maintenance" before account transfer can be performed.
  • This is to make regular transfer more convenient for customers

A 3rd Party Account's detail has to be registered before a registered 3rd Party Account Transfer can be performed.

Steps on how to register 3rd Party Account :

  • Click on Transfers from Main Menu and select Transfer Maintenance from sub menu.
  • Select on 3rd Party Account Maintenance hyperlink
  • Click on the Register 3rd Party Account hyperlink
  • Select on Security Token option either a SMS Token, USB Token or WEB Token and click on Confirm
  • Enter 3rd Party Account Number
  • Enter Preferred Name (Optional-you may key in nickname of the 3rd Party account for your personal reference)
  • Enter E-mail Address (Optional –you may key in email address of the 3rd Party account to allow notification upon successful transfer)
  • Click on Next
  • Verify details entered and click on Request TAC hyperlink to request for TAC
  • Enter 6-digit TAC number and click on Confirm

Steps on how to perform Registered 3rd Party Account Transfer :

  • Click on Transfers from Main Menu and select Transfers from sub menu.
  • Select on Registered 3rd Party Account Transfer
  • Select on Security Token option either a SMS Token, USB Token or WEB Token and click on Confirm
  • Select on Saving or Current Account at “Transfer From” drop down list
  • Select on 3rd Party Saving or Current Account at “Transfer To” drop down list
  • Enter Amount (RM)
  • Key in Memo (Optional-you may key in some remarks for your personal reference)
  • Select on Frequency of transfer i.e. One Time Only, Every Month or Every Quarter from drop down list
  • Enter the number of occurrences for recurring transaction or continue until further notice (if you select the Frequency of transfer every month and every quarter).
  • Click on Next
  • Verify details entered and click on Request TAC hyperlink to request for TAC
  • Enter 6-digit TAC number and click on Confirm

Steps on how to perform Open 3rd Party Account Transfer:

  • Click on Transfers from Main Menu and select Transfers from sub menu.
  • Select on Open 3rd Party Account Transfer
  • Select on Security Token option either a SMS Token, USB Token or WEB Token and click on Confirm
  • Select on Saving or Current Account at Transfer From drop down list
  • Enter 3rd Party Account Number
  • Enter Preferred Name (Optional-you may key in nickname of the 3rd Party account for your personal reference)
  • Enter E-mail Address (Optional –you may key in email address of the 3rd Party account to allow notification upon successful transfer)
  • Enter Amount (RM)
  • Key in Memo (Optional-you may key in some remarks for your personal reference)
  • Enter Payment Date if you want the transfer to be executed on future date. The defaulted date is today’s date.
  • Click on Next
  • Verify details entered and click on Request TAC hyperlink to request for TAC
  • Enter 6-digit TAC number and click on Confirm

The default limit for 3rd Party Account Transfers is RM10,000 per day and the maximum limit is RM50,000 per day. However, you may set your own daily transaction limit between RM1,000 to RM50,000 maximum at Utilities Menu and Change Preferred Account Transfer Limit (Per Day) via affinOnline.com

For Non-Residents, the maximum combined limit is RM 10,000 for both 3rd party transfer and Interbank Account Transfer.

Instant or immediate credit.

INTER-BANK ACCOUNT TRANSFER

Transfer Funds to accounts in other local banks.

The Inter-Bank account has to be registered before Registered Inter-Bank Account Transfer can be performed.

Steps on how to register Inter-Bank Account:

  • Click on Transfers from main menu and select Transfer Maintenance from sub menu
  • Select on the Inter-Bank Account Maintenance hyperlink
  • Click on the Register Inter-Bank Account hyperlink
  • Select on Security Token option either a SMS Token, USB Token or WEB Token and click on Confirm
  • Select on the Beneficiary Bank from the drop down list
  • Enter Beneficiary Account Number and Name respectively
  • Select on the Beneficiary Residential Status
  • Enter Beneficiary ID Type / ID Number (Optional - you may key in Beneficiary IC number for your personal reference.)
  • Key in the Beneficiary Email address (optional)
  • Click on Next
  • Verify details entered and click on Request TAC hyperlink to request for TAC
  • Enter 6-digit TAC number and click on Confirm.

Steps on how to perform Registered Inter-Bank Account Transfer:

  • Click on Transfers from main menu and select Transfers from sub menu
  • Select on Registered Inter-Bank Account Transfer
  • Select on Security Token option either a SMS Token, USB Token or WEB Token and click on Confirm
  • Select on Interbank GIRO or Instant Transfer at Transfer Mode drop down list
  • Select on Saving or Current Account at Transfer From drop down list
  • Select on Registered Inter-Bank Account at Transfer To drop down list
  • Select the account type at the Beneficiary Account Type drop down list. (for Instant Transfer only)
  • Enter Amount (RM)
  • Key in Recipient Reference (Mandatory – you may key in remarks which will be reflected in statement for easy reference.
  • Key in Other Payment Details and Memo respectively (Optional - you may key in some remarks for your personal reference)
  • Tick at the box to notify Inter-Bank Account's holder (optional)
  • Date is default to current date for Instant Transfer
  • Select on Frequency of transfer i.e. One Time Only, Every Month or Every Quarter from drop down list (for Interbank GIRO Fund Transfer only)
  • Enter the number of occurrences for recurring transaction or continue until further notice (if you select the Frequency of transfer every month and every quarter).
  • Click on Next Verify details entered and click on Request TAC hyperlink to request for TAC
  • Enter 6-digit TAC number and click on Confirm

Steps on how to perform Open Inter-Bank Account Transfer:

  • Click on Transfers from main menu and select Transfers from sub menu
  • Select on Open Inter-Bank Account Transfer
  • Select on Security Token option either a SMS Token, USB Token or WEB Token and click on Confirm
  • Select on Interbank GIRO or Instant Transfer at Transfer Mode drop down list
  • Select on Saving or Current Account at Transfer From drop down list
  • Select on the Beneficiary Bank from the drop down list

Interbank GIRO

  • Enter Beneficiary Account Number and Name respectively
  • Select on the Beneficiary Residential Status
  • Enter Beneficiary ID Type / ID Number (Optional - you may key in Beneficiary IC number for your personal reference.)
  • Key in the Beneficiary Email address (optional)
  • Enter Amount (RM)
  • Key in Recipient Reference (Mandatory – you may key in remarks which will be reflected in statement for easy reference.
  • Key in Other Payment Details and Memo respectively (Optional - you may key in remarks for your personal reference)
  • Tick at the box to notify Inter-Bank Account's holder (optional)
  • Enter Payment Date if you want the transfer to be executed on future date. The defaulted date is today's date.
  • Click on Next
  • Verify details entered and click on Request TAC hyperlink to request for TAC
  • Enter 6-digit TAC number and click on Confirm

Instant Transfer

  • Enter Beneficiary Account Number
  • Select Beneficiary Account Type
  • Key in the Beneficiary Email address (optional)
  • Enter Amount (RM)
  • Key in Recipient Reference (Mandatory – you may key in some remarks which will be reflected in statement for easy reference.
  • Key in Other Payment Details and Memo respectively (Optional - you may key in remarks for your personal reference)
  • Tick at the box to notify Inter-Bank Account's holder (optional)
  • Date is default to current date for Instant Transfer
  • Click on Next
  • Verify details entered and click on Request TAC hyperlink to request for TAC
  • Enter 6-digit TAC number and click on Confirm

The default limit for Inter-Bank Account Transfer (IBG & Instant Transfer) is RM2,000 per day and the maximum limit is RM50,000 per day.

However, you may set your own daily transaction limit between RM1,000 to RM50,000 maximum at Utilities Menu and Change Preferred Account Transfer Limit (Per Day) function via affinOnline.com.

For Non-Residents, the maximum combined limit is RM 10,000 for both 3rd party transfer and Inter-bank Account Transfer.

  • Instant Transfer - Instant or immediate credit
  • Interbank GIRO - as per below table:
Receiving Funds Availability table
Payment Initiated by Customers   *Funds Received by Beneficiaries * Refund for Unsuccessful Transactions
Business Days (Monday - Friday) Before 5:00 am Same Business day By 11:00 am By 5.00 pm
5:01 am to 8:00 am By 2:00 pm By 8.20 pm
8:01 am to 11:00 am By 5:00 pm By 11.00 pm
11:01 am to 2:00 pm By 8:20 pm By 11.00 am, next business day
2:01 pm to 5:00 pm By 11:00 pm By 11.00 am, next business day
After 5:00 pm Next business day By 11:00 am By 5.00 pm
Non-Business Days

(Saturday, Sunday and Federal Territory Public Holidays)
Next business day By 11:00 am By 5.00 pm

* Under normal circumstances

TELEGRAPHIC TRANSFER

Telegraphic Transfer enables customers to transfer money to 3rd party accounts in foreign countries.

Below the Currency, Country and NOSTRO agent list:

Currency Country NOSTRO Agent
AUD Australia ANZ Banking Group Limited
BDT Bangladesh Standard Chartered Bank
BND Brunei Standard Chartered Bank
CAD Canada Canadian Imperial Bank Of Commerce
CHF Switzerland UBS AG
DKK Denmark Nordea Bank Denmark A/S
EUR Germany, Belgium, Greece, Spain, France, Ireland, Italy, Luxembourg, The Netherlands, Austria, Portugal & Finland Deutsche Bank AG
FJD Fiji ANZ Bank
GBP U.K. Barclays Bank plc
HKD Hong Kong Bank of East Asia
IDR Indonesia Bank Central Asia
INR India Standard Chartered Bank
JPY Japan Sumitomo Mitsui Bank
KWD Kuwait National Bank Of Kuwait
LKR Sri Lanka Standard Chartered Bank
NOK Norway DNB Nor Bank ASA (formerly Den Norske Bank)
NZD New Zealand Bank Of New Zealand
OMR Oman Standard Chartered Bank
PGK Papua New Guinea Westpac Banking Corporation
PHP Philippines Banco De Oro Universal Bank
PKR Pakistan Habib Bank Limited
SAR Saudi Arabia National Commercial Bank
SEK Sweden Skandinaviska Enskilda Banken
SGD Singapore Standard Chartered Bank
THB Thailand Bangkok Bank Ltd.
USD USA Citibank N.A.
ZAR South Africa Firstrand Bank Ltd.

 

The maximum transaction limit is RM5, 000 and it is subjected to a daily maximum limit of RM10, 000 per customer per day.

Yes, there will be commission and cable charges applicable as below :

Commission
  • No commission is applied for transaction amount more than or equal to RM5,000.00
  • RM3.18 (inclusive of 6% GST) is applied for transaction amount less than RM5,000.00
Cable Charge Normal Telegraphic Transfer, RM31.80 is applied

Sorry, you are unable to perform Telegraphic Transfer in local currency (MYR) but you may use the Inter-Bank Account Transfer feature for local currency (MYR) transfer.

The Telegraphic Transfer has to be registered before Registered Telegraphic Transfer can be performed.

Steps on how to register Telegraphic Transfer Account:

  • Click on Transfers from main menu and select Transfer Maintenance from sub menu
  • Select on the Telegraphic Transfer Account Maintenance hyperlink
  • Click on the Register Telegraphic Transfer Account hyperlink
  • Select on Security Token option either a SMS Token, USB Token or WEB Token and click on Confirm
  • Key in all the details required
  • Click on Next
  • Verify details entered and click on Request TAC hyperlink to request for TAC
  • Enter 6-digit TAC number and click on Confirm.

Steps on how to perform Registered Telegraphic Transfer Account :

  • Click on Transfers from main menu and select Transfers from sub menu
  • Select on Registered Telegraphic Transfer
  • Select on Security Token option either a SMS Token, USB Token or WEB Token and click on Confirm
  • Select on Saving or Current Account at Transfer From drop down list
  • Select on “Remittance by foreign workers only” drop down list
  • Select the Beneficiary drop down list.
  • Click Next
  • Enter Amount (minimum amount of RM50.00)
  • Key in IBAN/Sort Code/BSB Number/ Fedwire/SWIFT Code/CNAP. (click at “For Code Details” for the details)
  • Click on Next
  • To click at the accept or decline button
  • Verify details entered and click on Request TAC hyperlink to request for TAC
  • Enter 6-digit TAC number and click on Confirm.

Steps on how to perform Open Telegraphic Transfer Account :

  • Click on Transfers from main menu and select Transfers from sub menu
  • Select on Open Telegraphic Transfer
  • Select on Security Token option either a SMS Token, USB Token or WEB Token and click on Confirm
  • Select on Saving or Current Account at Transfer From drop down list
  • Select on “Remittance by foreign workers only” drop down list
  • Key in all the details required
  • Click on Next
  • Enter Amount (minimum amount of RM50.00)
  • Key in IBAN/Sort Code/BSB Number/ Fedwire/SWIFT Code/CNAP. (click at “For Code Details” for the details)
  • Click on Next
  • To click at the accept or decline button
  • Verify details entered and click on Request TAC hyperlink to request for TAC
  • Enter 6-digit TAC number and click on Confirm.

IBAN / Sort Code / BSB Number / Fedwire / CNAPS / SWIFT CODE

COUNTRY UNIQUE IDENTIFICATION NUMBER DESCRIPTIONS

Please refer to the below website link for more details about all ISO 13616-compliant national IBAN.

http://www.swift.com/dsp/resources/documents/IBAN_Registry.pdf

IBAN

(International Bank Account Number)

The IBAN consists of up to 34 alphanumeric characters, as follows:

  • 2 characters - ISO Country Code [example: DE = Germany]
  • 2 characters - Check Digits [example: 19]
  • max. 30 characters - bank code and account number [example: 542400320290102300]
  • IBAN must be entered in the format: [/aannnnnnnnnnnnnnnnnnnn]

Example:
IBAN no. for a/c with Commerzbank AG, Germany
/DE19542400320290102300

UNITED KINGDOM SORT CODE

A Sort Code is a unique number assigned to each bank in UK to identify the bank branch of the customers' account.

The Sort Code, which is consist a six-digit number, is usually formatted as three pairs of number.

Sort Code Format

  • First two numbers are used to identify bank branch [example: 60 = Natwest, Reading, UK]
  • Other numbers are used for internal use [example: 1721]
  • Sort Code must be entered in the format: [//SCnnnnnn]

Example:
Sort Code for a/c with Natwest, Reading, UK
//SC601721

AUSTRALIA

BSB

(Bank/State/Branch number)

A BSB Numbers (Bank/State/Branch number) is used for the purpose of abbreviating a customer’s bank information.

The format of the BSB number is as follows:

  • The First two digits specify the Bank [example: 01 = ANZ Bank]
  • Third digit specifies the state where the branch is located. [example: 4 = Quensland]
  • Fourth, fifth and sixth digits specify the branch location [example: 247 = Hamilton] • BSB must be entered in the format: [//AUnnnnnn]

Example:
BSB Number for a/c with ANZ Bank, Hamilton Queensland, Australia
//AU014247

UNITED STATES

FEDWIRE

(Federal Reserve Wire Network)

A Fedwire (or ABA) code is also commonly known as a Routing number. It is a bank code used in the United States, which identifies financial institutions.

This code is also used to process automated transfers and other transactions.

  • Fedwire/ABA codes are always nine (9) digits in length
  • Fedwire/ABA must be entered in the format: [//FWnnnnnnnnn]

Example:
Fedwire/ABA codes for a/c with Comerica Bank, USA
//FW121137522

CHINA

CNAPS

(China National Advance Payments System)

CNAPS Bank Code is the code of bank institutions developed and published by the People's Bank of China and used in fund transfer and clearing between different banks.

  • CNAPS consist of up to 12 digits number
  • CNAPS must be entered in the format: [/CNnnnnnnnnnnnn]

Example:
CNAPS no. for a/c with Bank of China, China
/CN104602046018

All Countries

SWIFT BIC

(Society for Worldwide Interbank Financial Telecommunication)

Standard format of Bank Identifier Codes (BIC) for a particular bank. These codes are used when transferring money between banks, particularly for international wire \ transfers and also used the codes for exchanging other messages between them. The Swift code consists of 8 or 11 characters. When 8-digits code is given, it refers to the primary office. The code formatted = AAAA AA AA

  • First 4 characters - Bank Code (only letters) [example: PHBM = Affin Bank]
  • Next 2 characters - ISO Country Code (only letters) [example: MY = Malaysia]
  • Next 2 characters - Location Code [example: KL = Kuala Lumpur]

Example:
SWIFT BIC for Affin Bank Berhad, Kuala Lumpur, Malaysia
PHBMMYKL

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