Payment Guide

Pay effortlessly
with a Local Bank Transfer.

Malaysia OCBC Bank (Malaysia) Berhad

Why Local Transfer?

Lower Fees

No intermediary banks, no international wire fees. Overall, you’ll pay less than you would with a standard international wire transfer.

Faster Settlement

Payments are credited within the same banking day when sent before your bank’s cut-off time.

Straightforward Process

No SWIFT codes, no special accounts, no new apps to install. Simply pay from your banking app or online banking portal, just as you would for any local payment.

Fee Calculation

Understanding your payment cost

Remittance Fee

JPY Amount × 1.705%

Applied to the amount to receive in Japan.

Japan Side Fee

¥2,200 per transaction

Fixed fee charged on the Japanese side.

Amount to Receive in Japan JPY Amount
+ Remittance Fee × 1.705%
+ Japan Side Fee ¥2,200

Total JPY to Send = Sum of above

How to Transfer

Bank
OCBC Bank (Malaysia) Berhad
Transfer method
DuitNow Transfer
01
Sign in

Open your banking app or your bank’s website.

02
Go to the transfer menu

Select “Pay & Transfer” or “Transfer to Other Bank.”

03
Select the recipient bank

Choose OCBC Bank (Malaysia) Berhad from the bank list.

04
Select DuitNow Transfer
DuitNow Transfer (recommended) IBG — only if transfer limit error occurs
05
Enter the required details
  • Bank name — OCBC Bank (Malaysia) Berhad
  • Account number — 16-digit number as provided
  • Amount — MYR amount on your invoice
  • Recipient Reference — if this field appears, enter your invoice number
06
Review and confirm

Verify all details, then complete the authentication step required by your bank to confirm the transfer.

FAQ

Not at all. No new accounts, no apps — just use your regular banking app or online banking portal, the same way you would for any domestic transfer.

Your payment details are included in your invoice. If anything is unclear, please reach out to your supplier directly.

We recommend using your bank’s app or online banking portal. Some branch counter systems may not recognize the account format, which can cause the transaction to fail. Online banking is available 24/7 and will process your transfer without any issues.

DuitNow Transfer is a real-time payment service available 24/7. Your payment is credited to the recipient’s account immediately upon completion.

Your supplier will confirm receipt of payment on their end. Once you’ve completed the transfer, feel free to let them know so they can follow up.

No — your transaction remains an international import regardless of the payment route. As with any import, please retain your invoice and your shipping or customs documents. For any specific tax questions, we recommend consulting your local accountant or tax advisor.

If you have any questions about your payment, please reach out to your supplier — they’ll be happy to help.

Make your first transfer today.