i-bizRAKYAT is an internet banking platform from Bank Rakyat, specifically designed for institutional customers (i.e. Cooperative / society / corporate / companies / organization) to perform online banking transactions).
| ACCOUNT MANAGEMENT | Assist you to manage your company’s account. |
| RENTAS | Real Time 3rd party payment/funds transfer via RENTAS subject to minimum transaction amount of RM10,000. |
| BULK TRANSACTIONS | This feature will enable transaction to be done in bulk i.e payment for dividend, suppliers, etc. |
| FUND TRANSFER (INTRABANK & INTERBANK) | The Intrabank Service will enable funds to be transmitted to your other accounts or 3rd party accounts within Bank Rakyat. The interbank fund transfer via IBG will enable fund transfer to your accounts or 3rd party accounts at other banks via Paynet Interbank Giro (IBG) subject to maximum amount of RM 500,000 for each transaction. |
| BILL PAYMENT | This function allows you to: 1) Pay utilities 2) Donate to charity organization of your choice |
| PAYROLL PAYMENT | Use this facility to perform salary payment. |
| REMITTANCE FOREIGN TT | This service will enable remittance of fund to overseas. |
| ZAKAT PAYMENT | Zakat payment to Pusat Zakat is possible. |
| FINANCING PAYMENT | This function enables you to manage your financing facility with Bank Rakyat. |
| FPX DIRECT DEBIT PAYMENT FPX | is an online platform for payments or purchases of goods and services for both customers and merchants. It is a project spearheaded by Bank Negara Malaysia to create an efficient Internet-based online payment gateway for business-to-business (B2B) or business-to-customer (B2C) participants. |
| RENTAS | RM 2.00 per transaction |
| Bulk Transaction | Free |
| Intrabank Transfer | Free |
| Interbank Fund Transfer (IBG) | RM 0.10 per transaction |
| Bill Payment | Free except for the following agencies :
|
| Payroll Payment | Free |
| Remittance Foreign TT | RM 22 per transaction |
| Zakat Payment | Free |
| Financing Payment | Free |
| FPX Direct Debit Payment | To Be Notified |
| Services | Transaction Time | Received by the Beneficiary | Refund Time |
|---|---|---|---|
| Intrabank Fund Transfer | Monday – Friday | Immediately | Not Applicable |
| Non-business days | |||
| Interbank GIRO (IBG) | Monday - Friday | ||
| Before 5.00 am | Same day By 11.00 am | By 5.00 pm | |
| 5.01 am – 8.00 am | Same day By 2.00 pm | By 8.20 pm | |
| 8.01 am – 11.00 am | Same day By 5.00 pm | By 11.00 pm | |
| 11.01 am – 2.00 pm | Same day By 8.20 pm | By 11.00 am, next business day | |
| 2.01 pm – 5.00 pm | Same day By 11.00 am | ||
| 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 | |
| RENTAS | Monday – Friday | Immediately | 8 am – 6 pm business day |
| Non-business days | Not offering | ||
For any enquiries, please visit the nearest branch or call our Contact Centre tele-Rakyat at 1-300-80-5454.
*Terms and conditions apply.
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