Instant Transfer (IBFT)

IBFT services at Bank Islam ATM
  • Bank Islam cardholders can now perform online interbank funds transfer to other Banks participating in MEPS IBFT.
  • Using Bank Islam ATM, cardholders of different Bank will also be able to perform online funds transfer to:
    1. Bank Islam accounts or
    2. Other accounts of their own Bank

IBFT services for Bank Islam Cardholders at Other Bank’s ATM (MEPS)

Bank Islam cardholders can also perform online funds transfer through other Bank’s ATM under MEPS network. Type of transfers allowed include:

  1. From Bank Islam account (CA/SA) to other Bank Islam account and
  2. From Bank Islam account (CA/SA) to other account of different Bank with ATM at the ATM’s owner Bank.

Bank Islam As Beneficiary

In MEPS IBFT service, Bank Islam will also be able to accept funds transferred by other Bank’s cardholders through their own ATM.

Crediting Account Type

Types of accounts allowable for crediting in Bank Islam under MEPS IBFT include Current, Savings, Financing and Credit Card.

Daily Transaction Limit

RM 50,000 (combined with intrabank transfer, IBG and Tabung Haji)

Transaction Fees


List of Participating Banks
  1. Affin Bank
  2. Agro Bank
  3. Alliance Bank
  4. Al Rajhi Bank
  5. AmBank
  6. Bank Islam
  7. Bank Rakyat
  8. Bank Muamalat
  9. Bank of China
  10. Bank Simpanan Nasional
  11. BNP Paribas
  12. CIMB Bank
  13. Citibank
  14. Deutsche Bank
  15. Hong Leong Bank
  16. HSBC Bank
  17. Industrial And Commercial Bank of China
  18. JP Morgan Chase Bank
  19. Kuwait Finance House
  20. Maybank
  21. MBSB Bank
  22. Mizuho Bank
  23. OCBC Bank
  24. Public Bank
  25. RHB Bank
  26. Standard Chartered Bank
  27. Sumitomo Bank
  28. UOB Bank