Remittance
The service is for Foreign Telegrahic transferEnjoy 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 | NETWORK CHARGES | FINAL CHARGES |
---|---|---|---|---|
NEPAL | ACCOUNT CREDIT | Up to RM 50,000 | 7.00 | 10.00 |
CASH PICKUP | 8.40 | 12.00 | ||
BANGLADESH |
ACCOUNT CREDIT & CASH PICKUP |
Up to RM 500 | 7.00 | 10.00 |
RM 501-RM50,000 | 7.00 | 10.00 | ||
PHILIPPINES | ACCOUNT CREDIT | Up to RM 50,000 | 8.40 | 12.00 |
CASH PICKUP | 10.50 | 15.00 | ||
INDONESIA | ACCOUNT CREDIT | Up to RM 50,000 | 7.00 | 10.00 |
CASH PICKUP | 10.50 | 15.00 | ||
INDIA | ACCOUNT CREDIT | Up to RM 1,500 | 7.00 | 10.00 |
RM 1,501-RM 50,000 | 10.50 | 15.00 | ||
CASH PICKUP | Up to RM 1,000 | 8.40 | 12.00 | |
RM 1,001-RM 2,000 | 9.80 | 14.00 | ||
RM 2,001-RM 3,000 | 11.20 | 16.00 | ||
RM 3,001-RM 10,000 | 12.60 | 18.00 | ||
SRI LANKA | ACCOUNT CREDIT | Up to RM 1,500 | 10.50 | 15.00 |
RM 1,501-RM 5,000 | 14.00 | 20.00 | ||
RM5,001- RM50,000 | 17.50 | 25.00 | ||
CASH PICKUP | Up To RM 1,500 | 14.00 | 20.00 | |
RM1,501- RM50,000 | 17.50 | 25.00 | ||
PAKISTAN |
ACCOUNT CREDIT & CASH PICKUP |
Up to RM 800 | 10.50 | 15.00 |
RM 801-RM 50,000 | 0.00 | 0.00 | ||
CHINA | UNIONPAY CARD | Up to RM 50,000 | 17.50 | 25.00 |
MYANMAR | CASH PICKUP | Up to RM 3,000 | 8.40 | 12.00 |
Up to RM 5,000 | 16.80 | 24.00 | ||
Up to RM 8,000 | 25.20 | 36.00 | ||
Up to RM 50,000 | 33.60 | 48.00 | ||
SINGAPORE | ACCOUNT CREDIT | Up to RM 5,000 | 10.50 | 15.00 |
RM 5,001-RM 50,000 | 14.00 | 20.00 | ||
UNITED KINGDOM | ACCOUNT CREDIT | Up to RM 25,000 | 10.50 | 15.00 |
RM 25,001-RM 50,000 | 14.00 | 20.00 | ||
UNITED STATES | ACCOUNT CREDIT | Up to RM 25,000 | 10.50 | 15.00 |
RM 25,001-RM 50,000 | 14.00 | 20.00 | ||
AUSTRALIA | ACCOUNT CREDIT | Up to RM 50,000 | 21.00 | 30.00 |
THAILAND | ACCOUNT CREDIT | Up to RM 5,000 | 14.00 | 20.00 |
RM 5,001-RM 10,000 | 21.00 | 30.00 | ||
RM 10,001-RM 25,000 | 28.00 | 40.00 | ||
RM 25,001-RM 50,000 | 35.00 | 50.00 | ||
VIETNAM | ACCOUNT CREDIT /CASH PICKUP/ HOME DELIVERY | Up to RM 2,000 | 10.50 | 15.00 |
RM 2,001-RM 4,000 | 14.00 | 20.00 | ||
RM 4,001-RM 6,000 | 17.50 | 25.00 | ||
RM 6,001-RM 8,000 | 21.00 | 30.00 | ||
RM 8,001-RM 50,000 | 24.50 | 35.00 | ||
CAMBODIA | CASH PICK UP & WING WALLET | Up To RM 50,0000 | 24.50 | 35.00 |
SOUTH KOREA | ACCOUNT CREDIT | Up To RM 50,0000 | 12.60 | 18.00 |
JAPAN | ACCOUNT CREDIT | Up To RM 50,0000 | 14.00 | 20.00 |
EUROPE | ACCOUNT CREDIT | Up To RM 50,0000 | 9.80 | 14.00 |
- 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
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.