Transfers
Transfer Within AmBank
Transfer within AmBank refers to transferring funds to your own AmBank account or to another person’s AmBank account.
Launch the AmOnline App and tap on the 'Transfer Money' menu. Select the “Own” option and you will see a list of your own AmBank current/savings account/s, credit cards and loans. Tap on the accounts that you want to transfer to proceed with the transaction.
From 1st October 2024 onwards, transfer to your own AmBank account (current/savings account, credit card, loan) will require AmSecure authorisation if the transaction amount exceeds RM10,000.
Launch the AmOnline App and go to 'Transfer Money' > select the 'New Recipient' option > choose 'AmBank' from the Bank Name dropdown menu.
If you have saved your other AmBank account details as a favourite, go to 'Transfer Money' > select the 'Favourite' option > choose the favourite account.
Transaction limits depend on the personal limit you set for each transaction type.
To check or update your limit:
- Open the AmOnline App
- Tap on 'More'
- Tap on 'Transaction Limit'
- Select 'Transfer'
Limit references:
- For transfers to your own AmBank accounts or cards, refer to the “Own AmBank Account” personal limit.
- For transfers to another person’s AmBank accounts or cards, refer to the “Other AmBank Account” personal limit. Note: The maximum allowable limit for transfers to another person’s AmBank accounts or cards is RM 50,000 per day.
Important:
If you increase your transaction limit, you will need to serve a cooling-off period.
For more information, please refer to the 'Transaction Limit' FAQ.For transfers to another person’s AmBank account or card, the recipient’s name will be displayed on the 'Review & Confirm' page for your verification.
If the recipient’s name displayed is different from the person you intend to transfer to, do not proceed with the transaction.
You can repeat a transaction by searching for it under Recent AmOnline Transactions on the Home page, expanding the transaction, and selecting Repeat Transaction. This will take you to the input page with all transfer details pre-filled.
Yes, you can either schedule a transfer within AmBank for one-time or recurring. To schedule a transfer, follow below steps:
- After keying in your amount, choose “Transfer Later”.
- For one-time transfer, select the date you want to transfer. It must be at a future date.
- For recuring transfer, select the ‘Set as recurring’ checkbox. Select the frequency and end date/number of times of your recurring transfer.
You will receive notifications upon successful transfer on the scheduled date.
Money will be refunded to you within 3 business days. Please call our contact center if you still have not received the refund after 3 business days.
Note: Business working days refer to weekdays; exclude public holidays.