Why was my attempted initial deposit fund transfer rejected?
A minimum initial deposit of RM1.00 is required from your own individual current or savings account with another bank for a first party fund transfer. If the funds originate from another person’s account (a third-party fund transfer), they will be refunded to the originating account.
Here is an example of a first-party fund transfer:
• Example Accountholder NRIC (Originating account): 880125-10-1234
• NRIC (as per MyKad): 880125-10-1234
Here is an example of a third-party fund transfer:
• Example Accountholder NRIC (Originating account): 990622-10-9876
• NRIC (as per MyKad): 880125-10-1234