DuitNow Transfer
What are the transfer limits for DuitNow?
The default daily transaction limit is RM5,000. The maximum daily transaction limit you can set is RM50,000
How do I receive payments using DuitNow?
You must first register a DuitNow ID with us to receive payments
What is DuitNow Transfer?
DuitNow Transfer is an instant transfer service that allows you to send money using either an account number or a DuitNow ID such as your mobile number, NRIC, passport number, Business Registration (BRN) or Army/Police number. Note: Ryt Bank ...
What charges apply when using DuitNow Transfer?
The Bank waives all fees and charges for DuitNow Transfer. You may send and receive money using DuitNow Transfer for free.
What should I do if my fund transfer fails but the amount is deducted from my account?
In cases where a transaction fails but the amount is still deducted: • Check your transaction history in your Ryt Bank app to confirm the status. If the status is shown as 'Processing', allow up to 24 hours for the transaction status to be updated to ...
What should I do if I accidentally transfer to an incorrect account number and want to cancel the transfer?
If you have made a mistake, please contact Ryt Bank’s Help & Support Centre and provide the following details: • Transaction date and time; • Transfer reference ID; and • Recipient's account information. Ryt Bank will coordinate with the recipient's ...
What are the minimum, maximum and default daily transaction limits for DuitNow Transfer?
DuitNow Transfer shares its daily transfer limit with DuitNow QR (for transactions between individuals) with a minimum transaction limit of RM500, a maximum limit of RM50,000. The default limit is set at RM5,000
Do I need to register a DuitNow ID to make or receive payments?
You don’t need to register a DuitNow ID to transfer using DuitNow. However, you must register for a DuitNow ID if you wish to receive DuitNow payments to your mobile number or NRIC.
How can I change my daily transaction limit?
To change your daily transaction limit: 1. Launch the Ryt Bank app and tap on ‘Settings’ 2. Select ‘Accounts and Limit’ 3. Select ‘Transaction Limits’ 4. Select ‘DuitNow and QR transfers’ and follow the on-screen steps However, if you wish to ...
Can I save a DuitNow ID as a favourite recipient?
Yes, you can. Sending money to favourites requires fewer steps.
How do I make a DuitNow Transfer payment?
1. Launch the Ryt Bank app and tap on ‘Transfer’ 2. Select ‘New Transfer’ 3. Select account number or any DuitNow ID 4. Input your beneficiary bank account number or DuitNow ID 5. Verify the beneficiary’s name and follow the on-screen steps.