Help And Support

Payments - Inward Telegraphic Transfer

Frequently asked questions
  • Charges for inward telegraphic transfers

    To MYR/FCY accounts To time deposit account
    MYR10/Foreign currency
    equivalent to MYR10
  • Check receipt of incoming funds

    You can enquire via OCBC Velocity (business internet banking) or through eAlerts (SMS/email). Alternatively, you can call our Business Banking Commercial Service Centre at (603) 8317 5200.

  • 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.

  • Advice for inward telegraphic transfers

    A computer-generated advice containing the 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 (Malaysia) Berhad/OCBC Al-Amin Bank Berhad in favour of your account with us, please advise your remitter or remitting bank to pay as follows:

    Beneficiary Bank

    OCBC Bank (Malaysia) Berhad
    Kuala Lumpur, Malaysia

    OCBC Al-Amin Bank Berhad
    Kuala Lumpur, Malaysia

    Intermediary Bank

    Bank of New York Mellon
    New York, USA

    (Please note that you should advise your remitter or remitting banks to indicate the SWIFT Code in the payment instruction). Also, do indicate the account number and account name as maintained with OCBC Bank.

Help & Support for inward payment telegraphic transfer