Services

Customer Facilities / Remittance
Remittance 
The service is for Foreign Telegrahic transfer

Enjoy a convenient international money transfer service via our partnership with Merchantrade Asia Sdn Bhd. This service will also enable you to receive money from your sender abroad. Visit our branches now.

Levied Service Fee for Money Transfer & Pickup

CORRIDORS PAYMENT MODE PAYOUT TIERS CHARGE
NEPAL ACCOUNT CREDIT Up to RM 50,000 10.00
CASH PICKUP 12.00
BANGLADESH ACCOUNT CREDIT
&
CASH PICKUP
Up to RM 500 10.00
RM 501-RM50,000 10.00
PHILIPPINES ACCOUNT CREDIT Up to RM 50,000 12.00
CASH PICKUP 15.00
INDONESIA ACCOUNT CREDIT Up to RM 50,000 10.00
CASH PICKUP 15.00
INDIA ACCOUNT CREDIT Up to RM 1,500 10.00
RM 1,500-RM 50,000 15.00
CASH PICKUP Up to RM 1,000 12.00
RM 1,001-RM 2,000 14.00
RM 2,001-RM 3,000 16.00
RM 3,001-RM 10,000 18.00
SRI LANKA ACCOUNT CREDIT
&
CASH PICKUP
Up to RM 1,500 15.00
RM 1,500-RM 5,000 20.00
RM 5,001-RM 50,000 25.00
PAKISTAN ACCOUNT CREDIT
&
CASH PICKUP
Up to RM 800 15.00
RM 801-RM 50,000 0.00
CHINA UNIONPAY CARD Up to RM 50,000 25.00
MYANMAR CASH PICKUP Up to RM 3,000 12.00
Up to RM 5,000 24.00
Up to RM 8,000 36.00
Up to RM 50,000 48.00
SINGAPORE ACCOUNT CREDIT Up to RM 5,000 15.00
RM 5,001-RM 50,000 20.00
UNITED KINGDOM ACCOUNT CREDIT Up to RM 25,000 15.00
RM 25,001-RM 50,000 20.00
UNITED STATES ACCOUNT CREDIT Up to RM 25,000 15.00
RM 25,001-RM 50,000 20.00
NEW ZEALAND ACCOUNT CREDIT Up to RM 25,000 15.00
RM 25,001-RM 50,000 20.00
AUSTRALIA ACCOUNT CREDIT Up to RM 25,000 15.00
RM 25,001-RM 50,000 20.00
THAILAND ACCOUNT CREDIT Up to RM 5,000 20.00
RM 5,001-RM 10,000 30.00
RM 10,001-RM 25,000 40.00
RM 25,001-RM 50,000 50.00
VIETNAM ACCOUNT CREDIT /CASH PICKUP/ HOME DELIVERY Up to RM 2,000 15.00
RM 2,001-RM 4,000 20.00
RM 4,001-RM 6,000 25.00
RM 6,001-RM 8,000 30.00
RM 8,001-RM 50,000 35.00

  • Safest and fastest way to transmit fund to beneficiary using secure channel
  • A cheaper, safe and reliable alternative for overseas payment
  • Offered via Internet Banking
Required documents for resident or permanent residents is valid Identification ID Card, passport including working permit for non-resident
  • Shariah concept to be used is Bai’sarf for foreign exchange.
  • Shariah concept to be used is Ijarah Khadamat for transfer fee
  • Secure Payment
  • Shariah compliant FX
  • This Service is offered to customers who have a savings account and current account-i
  • Offered to individual and non-individual and possess valid personal identification
Competitive exchange rates if compared with others Financial Institution
   i.        Licence Number
Serial No. 00026
 
     ii.        Licensee
Bank Kerjasama Rakyat Malaysia Berhad
 
    iii.        Nature of Business
Licensed Money Services Business
 
    iv.        Type of Business
Remittance Business
 
     v.        Principal office address
Level 35, Menara 1, Menara kembar Bank Rakyat,  33, Jalan Travers, 50470 Kuala Lumpur
 
    vi.        Contact Number
Tele-Rakyat 1-300-80-5454
The published rates, fees and charges are effective from 1st April 2019 following the implementation of 6% SST from 1st September 2018. Terms & conditions apply.

For any enquiries, please visit the nearest branch or call our Contact Centre tele-Rakyat at 1-300-80-5454.

*Terms and conditions apply.