If yesterday KM has shared with readers about Maybank GIRO InterbankingTransfer, today KM would like to share the same service that provided by CIMB/CIMB Islamic in Malaysia.

Transfer your CIMB Bank account funds conveniently within other banks in Malaysia. CIMB have simplified the way you manage your funds from various accounts, be it within the same bank or in a different bank. Now, you can transfer funds around securely and at ease.

Enjoy fund transfers to:

• Your own CIMB Account(s)
• Third party Account within CIMB Bank
• An Account in another bank via Interbank GIRO (IBG)
• An Account in another bank via Instant Transfer (IBFT) – Immediate funds transfer!

Facts you need to know:
CIMB Clicks internet banking helps you transfer funds easily. Whether it's topping up your own account or paying others, you'll never have to worry about the risk of handling large amounts of cash. There are two types of funds transfer services offered via CIMB Clicks:

• Interbank GIRO (IBG)
  Enjoy the convenience of transferring funds between your own CIMB accounts, third party CIMB accounts or to any participating bank accounts via Interbank GIRO. The IBG service lets you transfer funds of up to RM10,000 per day from your CIMB Clicks account to selected accounts in any MyClear member bank.


• Instant Transfer (IBFT)
  Need to transfer funds urgently? Worried that you might key in the wrong account number? With Instant Transfer*, transferring funds is fast and simple! Upon keying in the beneficiary account number, the name of the account holder will be displayed so you know your money is going to the right person. Funds will be sent immediately to the recipient's account upon confirmation.

Transaction limit

Transaction Type	Transaction Limit
	Normal	Preferred	Prime Plan
3rd Party Fund Transfer	RM 10,000	RM 10,000	RM 10,000
Interbank GIRO (IBG)	RM 10,000	RM 10,000	RM 10,000
Instant Transfer (IBFT)	RM 10,000	RM 10,000	RM 10,000
Bill Payment via Deposit Account	RM 30,000	RM 60,000	RM 30,000
Bill Payment via Credit Card	RM 30,000	RM 60,000	RM 30,000
Remittance (Banker's Cheque, Local Demand Draft, Foreign Demand Drafts and Foreign Telegraphic Transfer)	RM 10,000 (Combined limit)	RM 50,000	RM 50,000

Note: You can transfer any available amount to your own CIMB account(s)

 
Transfer Charges

Debiting Account Type
	Transfer Charges
	IBG	Instant Transfer
All Savings & Current Accounts	RM0.10	RM2.00
Schedule Transactions for all Savings & Current Accounts		RM4.00

Transfer Schedule

Transfer Day	Transfer Time	Funds Available at Beneficiary Bank*
		IBG		Instant Transfer
Monday - Friday	Before 5.00am	By 10.30am	Same day	Immediate
	5.00am - 7.00am	By 1.00pm
	7.01am - 9.30am	By 3.00pm
	9.31am - 12.30pm	By 5.45pm
	After 12.30pm	By 10.30am	Next business day
Saturday, Sunday, Federal Territory Public Holiday	Anytime	Next business day		Immediate
*Applicable for all IBG payments and fund transfers to current accounts & savings accounts. *For loans and credit card payments initiated up to 12.30pm on business days, funds will be available in the beneficiary's account before 12 midnight on the same day. *Crediting of funds to the beneficiary account is subject to the Beneficiary Bank’s standard operating procedures. Kindly check the type of Accounts accepted by MEPS participating banks. Please ensure that you enter the correct account number and should you have any doubt, please confirm with the Beneficiary Bank. The Bank will notify you of any rejected funds via the Failed Transaction Module. Under normal circumstances, if you transfer funds today before 12.30pm, you will receive the returned funds by 10.30am, the next business day. If you performed the transfer after 12.30pm, you will receive the returned funds two business days later. Note: This list only serves as guidance; CIMB is not responsible for any changes made by participating banks. Source: Cimb Click Malaysia Official Website