Payouts can be performed via 3 payment methods:

1. Interbank Giro (IBG)
2. Instant Transfer via DuitNow
3. DuitNow

The payment method is decided when filling up the form to add a bank account for a payee. Note that there are slight differences in the information required for each of the different payment methods.

IBG:

Instant Transfer via DuitNow:

DuitNow: 

Differences between the payment methods:

• Settlement time:
  • IBG: Slight delay in settlement because collections follow the IBG Transfer Schedule
  • Instant Transfer via DuitNow: Near real-time
    
  • DuitNow: Near real-time
    
    
• Bank fees:

  	Transaction amount	Fee per transaction (RM)
  IBG (RHB-to-RHB)	Any amount	0.00*
  IBG (interbank)	Any amount	0.10*
  DuitNow to account	Up to RM5,000	0.00
  DuitNow to account	Above RM5,000	0.50
  DuitNow to proxy	Up to RM5,000	0.00
  DuitNow to proxy	Above RM5,000	0.50

            * This is the general fee. Exact fee may differ depending on agreement between merchant and RHB.