Instant Transfer (IBFT)
IBFT services at Bank Islam ATM
- Bank Islam cardholders can now perform online interbank funds transfer to other Banks participating in MEPS IBFT.
- Using Bank Islam ATM, cardholders of different Bank will also be able to perform online funds transfer to:
- Bank Islam accounts or
- Other accounts of their own Bank
IBFT services for Bank Islam Cardholders at Other Bank’s ATM (MEPS)
Bank Islam cardholders can also perform online funds transfer through other Bank’s ATM under MEPS network. Type of transfers allowed include:
- From Bank Islam account (CA/SA) to other Bank Islam account and
- From Bank Islam account (CA/SA) to other account of different Bank with ATM at the ATM’s owner Bank.
Bank Islam As Beneficiary
In MEPS IBFT service, Bank Islam will also be able to accept funds transferred by other Bank’s cardholders through their own ATM.
Crediting Account Type
Types of accounts allowable for crediting in Bank Islam under MEPS IBFT include Current, Savings, Financing and Credit Card.
Daily Transaction Limit
RM 50,000 (combined with intrabank transfer, IBG and Tabung Haji)
Transaction Fees
RM0.00
List of Participating Banks
- Affin Bank
- Agro Bank
- Alliance Bank
- Al Rajhi Bank
- AmBank
- Bank Islam
- Bank Rakyat
- Bank Muamalat
- Bank of China
- Bank Simpanan Nasional
- BNP Paribas
- CIMB Bank
- Citibank
- Deutsche Bank
- Hong Leong Bank
- HSBC Bank
- Industrial And Commercial Bank of China
- JP Morgan Chase Bank
- Kuwait Finance House
- Maybank
- MBSB Bank
- Mizuho Bank
- OCBC Bank
- Public Bank
- RHB Bank
- Standard Chartered Bank
- Sumitomo Bank
- UOB Bank