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Outward Telegraphic Transfer (OTT)*

Secure International Payments - Fast!

Now you can transfer funds conveniently and yet enjoy cost savings

With HSBC's OTT service, you can transfer funds via our Business Internet Banking and enjoy savings of you RM20 per transaction!

Or call 1800 88 3898 for more details

Manage Your Payments and Save Money

Need more convincing?

Here are the benefits of doing your business account cash transfers through HSBC's Business Internet Banking:

Real-time
Get real-time currency exchange rates and the option to choose the LOWER currency exchange rates from either "Board Rate" or "Market Rate"

[Board rate is the fixed foreign currency exchange rate applicable for the day. The rate applied is that of the Board rate at the time of transaction; or the next day's Board rate if the currency market is closed at the time the instruction was submitted.
Market rate is the fluctuating foreign currency exchange rate quoted by our treasury department. This rate fluctuates during the day, depending on the market supply and demand for the currency]

Speed
Your foreign currency remittances will reach your beneficiary banks or first correspondent banks anywhere in the world within 24 hours.

High Security and Reliability
Your payment though transparent to you is made using existing bank-to-bank electronic links. These links are secure and tested.
You can determine daily and maximum limits at the point of application. Don't worry! These limits can be revised later.
You're in control! You can (if you choose to) authorise transactions, which means different staff have different levels of access.

Convenience
You can initiate a Telegraphic Transfers online at any time of the day and from anywhere you choose.#
Do you make frequent payments at the same time every month? You can set instructions for recurring payments online.

Flexibility
Option available for charges to be paid by the party sending OR receiving the funds.

Transfer Limit
You will be able to perform Outward Telegraphic Transfer transactions up to RM200,000. To increase your transaction limit, please complete a Business Internet Banking Amendment Request Form and return it to your branch of account.

Click hereOTT Step-by-Step Guide

How To Get Started

You need a Business Checking Account i.e. BusinessVantage Account or a Current Account. If you don't have an account

Sign-up for Business Internet Banking (BIB) by completing the application form and sending it to your Relationship Manager or branch of account.

Speak to one of our Business Relationship Managers or contact our call centre at 1800 88 3898.

Disclaimers

*OTT refers to overseas Outward Telegraphic Transfers effected from Ringgit Malaysia accounts only and subject to applicable exchange control regulations.

#Please note cut-off time for same day transfers is 3.30pm (Mon-Fri) Malaysian time.