IBFT.
Thanks for advice, I have to be more careful now. I'm sad that Malaysia Interbank, especially when related to "instant transfer" that is promised, has problems. Does not bode well for the trajectory this country is on. Yes, "you tak suka you keluar", but I digress.
DISCLAIMER: I am not a lawyer or financial advisor, this is NOT financial advice.

But IMO at this point I feel one should keep several thousand RM and several thousand other currency in CASH in your safe at home. One should also have one or two Malaysian bank accounts and try to open a foreign deposit eg. Singapore or Australia.

Physical silver and gold eg. Perth Mint or Canadian Maple bullion, several ounces of each, can be useful. It should be IN YOUR POSSESSION not in safe deposit box somewhere else etc.

Bitcoin and other cryptocurrency is an option but you need to start with tiny amounts (like few dollars' worth) because I feel one should really know how the wallets and systems work since it is not fiat ie. there is no guarantor of your funds.

Not saying anyone should panic, but beginning these habits and preparation will stand you in good stead, IMO.

There's already a thread on opening account in Singapore
https://forum.lowyat.net/topic/1440794

According to the T&C, i take it as only IBG and instant tfr performed on the mobile app is free and if perform it via online banking, it will have fee.

Me too. Cant disabled it

Is anyone facing any issue with Hong Leong Connect open 3rd party transfer?

I couldn't receive any TAC despite several attempts.