Payments

Efficient systems to maximise cash balances

Effective management of days payable is particularly important since it directly impacts the efficiency of your working capital.

Through our branches and strategic bank alliances, we provide integrated physical and electronic payment solutions which support more efficient management of days payable.

Cash withdrawals

Cash and cheque deposits can be easily made at selected branches and Royal Preferred Banking Centres.

Cashier’s orders and bank drafts

We offer a wide range of payment options including cashier’s order and foreign currency bank drafts. We also offer a cheque issuance service for better cost control and efficiency, allowing you to focus on your core business.

Cheque books

We provide cheque books for MYR current accounts.

MEPS Interbank Giro

MEPS Interbank Giro enables multiple payments through the local clearing system to ensure timely salary payments and other regular outgoing transactions.

Integrated funds transfers

With our international network of branches and correspondent banks, The Royal Bank of Scotland Berhad can send your payments electronically to almost any country, in all major currencies and most unrestricted currencies.

RENTAS Payments – local interbank transfers

The Royal Bank of Scotland Berhad is a direct member of Real Time Electronic Transfer of Funds and Securities (RENTAS) - a same-day high value payment system for MYR. With the seamless and electronically automated processing of available funds, payments can be made a timely and efficient manner.