NETWORK TRANSFER

Enjoy a preferential fee when you make overseas transfers to OCBC beneficiaries

Why you will love this

Certainty of full value transfers

Preferential flat fee of RM5 or RM15, depending on the type of foreign currency

Who is eligible

Available to all OCBC Business Banking customers via Business Internet Banking (OCBC Velocity & OCBC Malaysia Business Mobile app), Host-to-Host (H2H) and Application Programming Interface (API) channels

Transfer now

No complications, just convenience. Easily send money to beneficiaries abroad using our new Network Transfer service.

about network transfer
OCBC Network Transfer coverage

What is OCBC Network Transfer?

Network Transfer is a cross-border telegraphic transfer service within OCBC Group that enables you to perform telegraphic transfers to an OCBC beneficiary in the full amount and in 7 different currencies at a preferential price.

BENEFITS
Certainty of full value transfer

Certainty of full value transfers

Your payment will be remitted in full amount in their local currency.

Your payment will be remitted in full amount in their local currency.

Preferential flat fee

Preferential flat fee

You only need to pay a flat fee per transaction. No cable charges.

You only need to pay a flat fee per transaction. No cable charges.

Same-day transfer for multiple currencies

Fast and reliable

Make cross-border telegraphic transfers anytime, anywhere and have them sent within the same day. Subject to the currency cut-off time.

Make cross-border telegraphic transfers anytime, anywhere and have them sent within the same day. Subject to the currency cut-off time.

CURRENCIES OFFERED

The Network Transfer service is currently available in the following currencies.

  • Currency
  • Swift code
  • Currency
Beneficiary Entity Swift Code Currency Remitter
OCBC, Singapore OCBCSGSG SGD OCBC MY
OCBCMYKL

OCBC Al-Amin
OABBMYKL
OCBC, China (Wing Hang) OCBCCNSH CNY, CNH
OCBC, Hong Kong OCBCHKHH HKD
Wing Hang, Hong Kong WIHBHKHH HKD
OCBC, NISP NISPIDJA IDR
OCBC, Thailand OCBCTHBK THB
OCBC, London OCBCGB2L GBP
OCBC, South Korea OCBCKRSE KRW

TRANSACTION DETAILS OF NETWORK TRANSFERS
  • Pricing
  • Speed
  • Payment value
Factors Network transfers
Pricing
  • • Promotional flat fee of RM0 per transaction for SGD (SG). Click here for campaign T&C.
  • • Flat fee of RM5 per transaction for CNY & CNH (CN mainland), IDR (ID) and HKD (HK)
  • • Flat fee of RM15 per transaction for other currencies offered
Speed Same-day transfers, subject to Cut-Off Time.
  Click here to learn about the Cut-Off Time.
Payment value Payment will be remitted in full.
Factors
Pricing
Speed
Payment value
BEFORE YOU APPLY

Eligibility requirements

Available to all OCBC Velocity users, OCBC Malaysia Business Mobile app users, Host-to-Host (H2H) and Application Programming Interface (API) channels.

Currency and Beneficiary Entities are in accordance to the table above: CURRENCIES OFFERED

Terms and conditions

Transaction Banking Terms and Conditions (EN)

Transaction Banking Terms and Conditions (BM)

Account and Services Main Terms and Conditions (EN)

Account and Services Main Terms and Conditions (BM)

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