Here's where you can make your business payments
MAKING A TRANSFER IN MALAYSIAN RINGGIT
To another OCBC Malaysia account
Make same-day fund transfers between bank accounts in MYR quickly and easily via OCBC Velocity and OCBC Malaysia Business Mobile Banking App
To another bank account in Malaysia
GIRO
- A single instruction to enable payment to your suppliers or for staff salaries
- Allows pre-setting for future date transfers
RENTAS
- Fast and secure way for local payments and transfers in MYR
- Same-day processing for MYR via OCBC Velocity
DuitNow
- Transfer funds to anyone by entering their mobile number or NRIC with DuitNow
- Make payments to merchants by scanning DuitNow QR codes
Malaysia Ringgit Cheques
- For standard payments
- Additional charges apply if your cheque cannot be honoured due to insufficient funds in your account
Cashier's Order
- Guaranteed cheque that will always be honoured
- To be used only in situations where your creditors do not accept cheque payments and e-payments
- The amount will be deducted directly from your account when a cashier's order is issued
Business Debit Card
- Quick and safe payment by tapping on the point-of-sales terminal
- Transactions can be viewed from your business account on OCBC Velocity
FOREIGN CURRENCIES TRANSFERS OR OVERSEAS PAYMENTS
Telegraphic Transfer (SWIFT gpi)
- The fastest and most secure way to make overseas payments and transfers in foreign currencies
- Fees include commission, agent fees, commission-in-lieu of exchange and cable charges
*Transact using OCBC Velocity and OCBC Malaysia Business Mobile Banking App and key in promotional code "OCBCBEST" under the contract page to obtain FX promotional rates.
Cross-border:
Cross-border:
payments
payments
Step 1
Your Company
Step 2
OCBC Velocity
Make transaction using business internet banking and receive real-time updates
Step 3
SWIFT GPI
Obtain transparency of bank charges and amount transferred
Step 4
Intermediary Bank
Step 5
Beneficial Company
Step 1
Remitter Company
Step 2
Intermediary Bank
Step 3
SWIFT GPI
Obtain transparency of bank charges and amount transferred
Step 4
OCBC Velocity
Receive real-time inward payments transaction status updates via business internet banking
Step 5
Your Company
OCBC FLASH
Enjoy a flat fee for each transaction when you transfer business funds to Singapore and China.
Demand Draft
- A guaranteed cheque that will always be honoured
- The amount will be deducted directly from your account when a demand draft is issued
ADDITIONAL INFORMATION
Terms and Conditions
Fees and charges
DOWNLOAD THE APP
OCBC Malaysia Business Mobile Banking
Download the OCBC Malaysia Business Mobile Banking app
Scan the QR code to download the app on the App Store or Google Play.
