Fund Transfer

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Fund Transfer

Conveniently transfer RHB Bank account funds to others within Malaysia


RHB Now helps you transfer smoney within the same bank or to a different bank or in a convenient & secure environment. You can remit loans, repay hire purchase and do so much more with ease. Enjoy hassle free transactions when transferring funds to:

  • Your other RHB Bank accounts including MCA account
  • A third party account in RHB Bank
  • An account in another bank via Interbank GIRO (IBG) or FastTransfer (IBFT)
  • A third party via PayPal
  • FD Placement
  • FD Upliftment
  • Purchase bank cheque in the form of Payment Order
  • A beneficiary residing overseas via Foreign Telegraphic Transfer (TT) or Western Union online

Interbank GIRO (IBG)

Allow you to transfer funds between your own RHB accounts, third party RHB accounts or to any participating bank accounts via Interbank GIRO. RHB Bank's Interbank GIRO (IBG) lets you transfer up to RM15,000 per day from your RHB Bank account to an account in any bank listed in Fund Transfer Type.

FastTransfer (IBFT)

You may transfer funds immediately using RHB Now FastTransfer! Funds will be sent immediately to the recipient's account upon confirmation. Maximum limit for FastTransfer is RM10,000 per day. FastTransfer is applicable to selected MEPS (Malaysian Electronic Payment System) participating banks.

How to Transfer Funds
Step 1 Login to RHB Bank Internet Banking. Enrol now if you have not enjoyed the ease of controlling your finances as an RHB Internet Banking user.
Step 2 Go to 'Fund Transfer', then select a Fund Transfer services available -
1. Transfer to Own Account
2. Transfer to Other RHB Account
3. Transfer to Other Bank Account (IBG)
4. FastTransfer (IBFT)
5. Send Money via PayPal
6. FD/ Multi Currency Account Placement
7. Payment Order
8. Foreign Telegraphic Transfer.
9. Western Union
Add new beneficiary account to your favourite list for easy future transfers. You can also make a one-time transfer to your beneficiary via 'Open Transfer' option.
Step 3 Key-in the necessary transfer details and confirm your transaction details. To add new beneficiary account or make a one-time transfer, you will be required to key-in a One Time Password and mutual authenticate the security code sent to your registered mobile number before your transaction is being processed.
Step 4 Upon successful transaction, you'll receive a reference no. with a summary of your transaction. Print your online receipt or copy the transaction reference number for your records.


Transfer Charges
Items Transfer Type
IBG FastTransfer
Transfer Charges (RM per transaction) RM0.10 RM0.80

Transfer Schedule
Payment Initiated by Customers *Funds Received by Beneficiaries
Transfer Day Transfer Time IBG FastTransfer
Business Days
(Mon - Fri)
Before 5:00am By 11:00am Same Day Immediate
5:01am to 8:00am By 2:00pm
8:01am to11:00am By 5:00pm
11:01am to 2:00pm By 8:20pm
2:01 pm to 5:00 pm By 11:00pm
After 5:00 pm By 11:00am Next Business Day
Non-Business Days
(Saturday, Sunday and
Federal Territory Public Holidays)
Anytime Next business day Immediate

* Under normal circumstances