Help & Support - Interbank GIRO FAQs | OCBC Malaysia

Help & Support

Payments and Transactions - Interbank GIRO

  • Transaction Fees

    Channel Transaction Fee
    Internet & Mobile Banking No charge
    Over the Counter No charge

    *For IQ Elite and IQ Basic account holders, the above rates do not apply. The IBG transaction fee for IQ customers will be accorded under the IQ privileges.

  • Maximum Transfer Amount Per Day

    Channel Amount
    Internet & Mobile Banking RM50,000 per day (shared limit with transfer to other banks and within OCBC 3rd party accounts)
    Counter Transactions RM1,000,000 per Interbank GIRO transaction
  • Payment Channels

    To perform any Interbank GIRO transaction, you may choose any of the channels below:

    • Via OCBC Internet & Mobile Banking (24 hours)
    • Over the Counter Transactions (Branches)
  • Payment Types

    Financial Institutions Payment Types
    Savings Account Current Account Credit Cards Hire Purchase Loans
    OCBC Bank
    Affin Bank / Affin Islamic Bank
    Alliance Bank
    Al-Rajhi Bank (M) Berhad
    Bank Islam
    Bangkok Bank Berhad
    Bank Muamalat
    Bank Pertanian Malaysia
    Bank Rakyat
    Bank Simpanan Nasional Berhad
    Bank of America (Malaysia) Berhad
    Bank of China (Malaysia) Berhad
    BNP Paribas Malaysia Berhad
    CIMB Bank
    China Construction Bank (M) Berhad
    Deutsche Bank (M) Berhad
    Hong Leong Bank
    HSBC Bank
    Industrial and Commercial Bank of China (Malaysia) Berhad
    J.P. Morgan Chase Bank
    Kuwait Finance House
    MBSB Bank Berhad
    Mizuho Bank (Malaysia) Berhad
    MUFG Bank (M) Berhad
    Public Bank
    RHB Bank
    Standard Chartered Bank
    Sumitomo Mitsui Banking Corporation (M) Berhad
    UOB Bank


    • You may refer here for list of participants' account structure.
    • For credit card payment to AEON services, please select Citibank.
    • With effect from 16 December 2016, The Royal Bank of Scotland Berhad (RBS) will cease its IBG operations in Malaysia and hence you will no longer be able to send funds to RBS via IBG.
    • Effective 9th April 2018, you can make Funds Transfer to Bangkok Bank Berhad via Interbank GIRO (IBG).
    • For Funds Transfer/Loan Payment to Industrial and Commercial Bank of China (Malaysia) Berhad, kindly input beneficiary account number from 3rd digit onwards.
    • For Al-Rajhi Bank (M) Berhad Charge Cards payment only.
    • For Maybank, credit card payment is meant for Maybank Credit Card & Maybank Amex Credit Card.
    • For Ambank, credit card payment is meant for Ambank & MBF Credit Cards.
    • Customers of the participating financial institutions may also transfer funds from their accounts to the other participating financial institutions, including OCBC Bank.
    • For Public Bank/Public Finance Loan Account/HP repayment, please enter 10 digit Account No. followed by 5 digit Note ID No.
    • Bank Rakyat accepts Personal loan / Housing loan & other loans (except Ar-Rahnu / Az-Zahad)
  • Funds Availability

    The funds will be available in the beneficiary's account based on the schedule stated below:

    Payment Initiated by Customers *Funds Received by Beneficiaries *Refund for Unsuccessful Transactions
    Business Days
    (Mon - Fri)
    Before 5:00 am Same Business Day By 11.00 am By 5.00 pm
    5.01 am - 8.00 am By 2.00 pm By 8.20 pm
    8.01 am - 11.00 am By 5.00 pm By 11.00 pm
    11.01 am - 2.00 pm By 8.20 pm By 11:00 am,
    Next Business Day
    2.01 pm - 5.00 pm By 11.00 pm
    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

    • Applicable for all IBG payments and funds transfer to current accounts and savings accounts.
    • For loan and credit card payments initiated up to and including 5.00pm on same Business Days, funds will be available in the beneficiary's account before 12 midnight on the same day.
    • For future dated transfer via OCBC Internet and Mobile Banking, the funds will be available in the beneficiary's account by 11am on the business day of the future date as specified by the customer.
  • Steps to Conduct IBG via Internet Banking

    IBG Transfer to Registered Beneficiary

    1. Log on to with ID and Password
    2. Click on "Payment & transfer > Transfer funds".
    3. Select option "Make a transfer to another bank account in Malaysia"
    4. Enter the required details of your transfer (i.e Amount, Recipient's Reference and Other Payment Details)
    5. Select "Transfer Now > Interbank GIRO (IBG)"
    6. Select your account to transfer from.
    7. Click "Next" after agreeing to the Terms & Conditions.
    8. Confirm the Beneficiary Information
    9. Verify the details and click "Submit".
    10. Check your transaction history within 2 working days for rejections, if there is any.
  • Guidance to Recipient's Reference & Other Payment Details

    Recipient's Reference (Mandatory): A reference to your recipient, which can be your invoice/bill no, insurance policy no, car registration no, etc. This reference appears in payee's statement.

    Other Payment Details (Optional): Describe the purpose or other info related to your payment (eg. Jan 14 loan payment). This appears in payee's statement.