Remittance

Customer Facilities

Remittance

The service is for Foreign Telegrahic transfer

Fee & Charges

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	FINAL CHARGES
NEPAL	ACCOUNT CREDIT	Up to RM 50,000	10.00
NEPAL	CASH PICKUP	Up to RM 50,000	12.00
BANGLADESH	ACCOUNT CREDIT	Up to RM50,000	10.00
BANGLADESH	CASH PICKUP	Up to RM50,000	10.00
PHILIPPINES	ACCOUNT CREDIT	Up to RM 50,000	12.00
PHILIPPINES	CASH PICKUP	Up to RM 50,000	15.00
INDONESIA	ACCOUNT CREDIT	Up to RM 50,000	10.00
INDONESIA	CASH PICKUP	Up to RM 50,000	15.00
INDIA	ACCOUNT CREDIT	Up to RM 1,500	10.00
	ACCOUNT CREDIT	RM 1,501-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	Up to RM 1,500	15.00
		RM 1,501-RM 5,000	20.00
		RM5,001- RM50,000	25.00
	CASH PICKUP	Up To RM 1,500	14.00
	CASH PICKUP	RM1,501- RM50,000	25.00
PAKISTAN	ACCOUNT CREDIT & CASH PICKUP	Up to RM 800	15.00
PAKISTAN	ACCOUNT CREDIT & CASH PICKUP	RM 801-RM 50,000	0.00
CHINA	UNIONPAY CARD	Up to RM 50,000	25.00
CHINA	ALIPAY	Up to RM 50,000	30.00
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
SINGAPORE	ACCOUNT CREDIT	RM 5,001-RM 50,000	20.00
UNITED KINGDOM	ACCOUNT CREDIT	Up to RM 25,000	15.00
UNITED KINGDOM	ACCOUNT CREDIT	RM 25,001-RM 50,000	20.00
UNITED STATES	ACCOUNT CREDIT	Up to RM 25,000	15.00
UNITED STATES	ACCOUNT CREDIT	RM 25,001-RM 50,000	20.00
AUSTRALIA	ACCOUNT CREDIT	Up to RM 50,000	30.00
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
CAMBODIA	CASH PICK UP & WING WALLET	Up To RM 50,0000	35.00
SOUTH KOREA	ACCOUNT CREDIT	Up To RM 50,0000	18.00
JAPAN	ACCOUNT CREDIT	Up To RM 50,0000	20.00
EUROPE	ACCOUNT CREDIT	Up To RM 50,0000	14.00

* Service marked is temporary not available until further notice

Benefit

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

Required documents for resident or permanent residents is valid Identification ID Card, passport including working permit for non-resident

Shariah Concept

Shariah concept to be used is Bai’sarf for foreign exchange.
Shariah concept to be used is Ijarah Khadamat for transfer fee

Features

Secure Payment
Shariah compliant FX

Eligibility

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

Rates

Competitive exchange rates if compared with others Financial Institution

Eligibility

Licence Number - Serial No. 00026
Licensee - Bank Kerjasama Rakyat Malaysia Berhad
Nature of Business - Licensed Money Services Business
Type of Business - Remittance Business
Principal office address - Level 35, Menara 1, Menara kembar Bank Rakyat, 33, Jalan Travers, 50470 Kuala Lumpur
Contact Number - Tele-Rakyat 1-300-80-5454