DuitNow allows you to perform instant fund transfers to your recipients by entering the recipient’s Mobile Number, NRIC, Passport number (for non-Malaysians only), Business Registration Number or Army/Police number which has been registered as DuitNow ID of the recipient via participant bank.
Similarly, once you have registered a DuitNow ID, senders may perform instant fund transfers to your account by entering your DuitNow ID instead of your account number.
Free: Free for all HSBC customers!
Easy: No more scrambling for account number to get paid
Secure: Payment is fully secured and your information safeguarded
24/7: Use it anytime, anywhere
Instant: Real-time payment
Simple registration: A few clicks and you’re ready
DuitNow ID Pre-Registration applies to selected customers. For those who are selected, you will be notified via SMS.
You may choose to opt out before 30 November 2018.
With DuitNow, you can transfer money instantly on 24/7 basis by entering mobile numbers, NRIC numbers, Passport numbers, Business Registration Numbers (BRN) or Army/Police Number registered as DuitNow ID of the recipients instead of the recipients’ account details. You can transfer and receive funds instantly at anytime, anywhere via DuitNow.
You must first register a DuitNow ID.
You can perform DuitNow transaction via HSBC Personal Internet Banking or the new HSBC Malaysia Mobile Banking App.
Yes, you are required to download the new HSBC Malaysia Mobile Banking app to use DuitNow.
Registration is not required to transfer money via DuitNow.
However, for you to receive money via DuitNow, a one-time registration is needed to register a DuitNow ID to link with your HSBC account.
For Malaysian customers with an active account and mobile number, we would have already pre-registered your mobile number as DuitNow ID by 15 November 2018 unless your DuitNow ID registration is unsuccessful or you choose to opt-out from the DuitNow ID pre-registration. To view, maintain or update your DuitNow ID, kindly log on to HSBC Personal Internet Banking or the new HSBC Malaysia Mobile Banking and select the DuitNow function once is it available.
You can register multiple DuitNow IDs, as long as the DuitNow IDs have been verified and are available under the dropdown list. However, one DuitNow ID can only be registered to one bank account.
Is it absolutely FREE to transfer and receive money.
As the name suggests (read: Do-it-now), DuitNow transfers occur immediately* and recipients will receive the money instantly.
*Subject to the processing by the Receiving Financial Institution (RFI)
Yes, DuitNow supports future dated and recurring transfers. However, this is only supported on HSBC Personal Internet Banking.
Yes, saving a DuitNow ID as a favourite recipient allows you to perform subsequent transfers with fewer steps and security token is not required.
Yes, individual may transfer up to RM50,000. However, the limit is subjected to individual limit and bank’s permitted limit. There will be a low value payment limit for DuitNow where individual is allowed to transfer up to RM250 per day without security token.