IBG (Interbank GIRO)

Product Features

IBG (Interbank GIRO) is an interbank funds transfer services initiative supported by PayNet which enable interbank fund transfer across Malaysia. With this service, customers able to enjoy a simple, convenient and secured way to perform fund transfer via BOCM's Internet Banking (BOCNet), Mobile Banking, iGTB platform or over the counter anytime, anywhere.

Operation Time for IBG transaction made at E-Banking and Over The Counter
Payment Initiated by Customers *Funds Received by Beneficiaries *Refund for Unsuccessful
Transactions
Business Days
(Mon – Fri)
Before 5:00 am Same business day By 11:00 am By 5:00 pm
5:00 am to 8:00 am By 2:00 pm By 8:20 pm
8:01 am to 11:00 am By 5:00 pm By 11:00 pm
11:01 am to 2:00 pm By 8:20 pm By 11:00 am,
next business day
2:01 pm to 5:00 pm By 11:00 pm
After 5.00pm Next business day By 11:00 am By 5:00 pm
Non-Business Days
(Saturday, Sunday and 
Federal Territory Public Holidays)

Next business day
By 11:00 am By 5:00 pm

 

*Under Normal Circumstances

*Beneficiaries will receive future dated IBG transfers by 11:00am on the selected date, or its next business day when the date falls on a weekend/ Federal Territory public holiday.