InterBank Fund Transfer via ATMs


1. What is InterBank Funds Transfer?

IBFT is a facility offered by MEPS at Automated Teller Machines (ATMs) that enables AmBank/AmBank Islamic customers to transfer funds from one account to another account within MEPS IBFT participating banks.

2. How does it work?

There are three (3) different ways on how you can perform IBFT at ATMs

  • Via AmBank/AmBank Islamic ATMs
  • Via beneficiary’s bank ATMs
  • Via other participating banks’ ATMs
3. Which are the banks accepted by AmBank IBFT?
No. Bank Name Abbreviation
1 Affin Bank (M) Berhad ABB
2 Agrobank (M) Berhad AGRO
3 Al-Rajhi Bank (M) Berhad ARM
4 Alliance Bank (M) Berhad ABMB
5 Bank Islam (M) Berhad BIMB
6 Bank Muamalat (M) Berhad BMMB
7 Bank Kerjasama Rakyat (M) Berhad BKRM
8 Bank Simpanan Nasional (M) Berhad BSN
9 CIMB Bank (M) Berhad CIMB
10 Citibank (M) Berhad CITI
11 Hong Leong Bank (M) Berhad HLB
12 HSBC Bank (M) Berhad HSBC
13 Kuwait Finance House (M) Berhad KFH
14 Malayan Banking (M) Berhad MBB
15 OCBC Bank (M) Berhad OCBC
16 Public Bank (M) Berhad PBB
17 RHB Bank (M) Berhad RHB
18 Standard Charted Bank (M) Berhad SCB
19 United Overseas Bank (M) Berhad UOB


4. Is there any limit to the amount of funds that can be transferred per day?

For AmBank ATM/Debit Card cardholders: Maximum amount of RM50, 000 per day.
For other participating banks cardholders: Maximum limit will depend on the cardholders’ card issuing bank set-up.

5. Do I need to register or subscribe to this service?

No registration or subscription is required. This service is readily available for cardholders of IBFT participating banks.

6. When will the funds be made available?

Recipient will receive the transferred funds immediately upon transaction completion.

7. What is the operating hours?

24 hours, 7 days a week.

8. What is the service fees/charges for this service?

RM0.00 (Free) for transaction amount from RM0.01 to RM5,000.00
RM0.50 (Fee) for transaction amount from RM5,000.01 and above​