sifus, I have a question how do all of you make big amount interbank transfe (as an individual)? eg. more than RM100k
1. Real-time Electronic Transfer of Funds and Securities System (RENTAS)?
2. RENTAS Can be done online or Over the counter (OTC)?
3. RENTAS RM5.30 per transaction?
4. RENTAS maximum transfer limit daily?
5. RENTAS can be performed at all banks? how to check which bank offers RENTAS?

Some of the daily cap for interbank transfer (online) that I know of..
cimbclicks
IBG
Instant Transfer
(Subject to daily combined limit of RM30k)

maybank2u
IBG
Instant Transfer
(Subject to daily combined limit of RM30k)

hongleongconnect
Interbank GIRO (IBG)
Instant Transfer
(Subject to daily combined limit of RM50k)

PBe
Interbank GIRO (IBG)
Instant Transfer
RENTAS
Subject to daily combined limit
RM20k (with PAC)*
RM50k (with SecureSign)**

This post has been edited by user123456: Mar 5 2017, 02:34 PM

1. I suppose RENTAS is real time transfer?
2. How many days for banker's cheque to clear?
3. But all banks let you move large amount via counter? How?