Inward Payment - Telegraphic Transfer

Inward Telegraphic Transfer

Charges for inward telegraphic transfer

To MYR / FCY accounts To time deposit account
MYR10/ Foreign currency equivalent to MYR10 Free

Check receipt of funds

You can enquire via Velocity@ocbc (business internet banking) or through eAlerts (sms/email). Alternatively, you can call our Business Banking Commercial Service Centre at 1300 88 7000 (within Malaysia) / (603) 8317 5200 (outside Malaysia).

Cut-off time for fund-crediting on the same day

Action Cut-off time
To MYR/FCY accounts 4.30pm

Rate used to convert incoming funds

The Bank’s prevailing board / counter rate (Bank buy rate) will be used.

Advices for inward telegraphic transfers

A computer-generated advice with transaction details will be sent to you via mail on the next business day.

Payment instructions needed for telegraphic transfers

For remittance in US Dollars to OCBC Bank (M) Berhad/ OCBC Al-Amin Bank Berhad in favour of your account with us, kindly advise your remitter or remitting bank to pay as follows:


Beneficiary Bank
Oversea-Chinese Banking Corporation Limited


Intermediary Bank
Bank of New York Mellon
New York, USA


(Please note that you should advise your remitter or remitting bank to indicate the SWIFT Code, in the payment instruction)


Indicate the account number and account name as maintained with OCBC.