Instant collections and payments platform
DuitNow
Pay using DuitNow ID
Pay to easy identifiers such as mobile number, NRIC and passport for individuals; and Business Registration Number (BRN) for businesses.
With DuitNow ID payments, you no longer have to provide your bank details to receive payments.
Pay using account number
Only account number is sufficient to receive payments. Verify the identity of beneficiaries before paying to an account number1.
Features:
No payment cut-off
DuitNow service is available 24 x 7
Currency
Malaysian Ringgit only
Instant payment processing
Funds are credited instantly into your bank account
Market reach
Pay to and receive from all banks in Malaysia
Payment validation
Validate DuitNow ID or account number before confirming payment
Information security
By providing your BRN, your account information remains safe and can only be used to make payments to you
DuitNow registration
To receive DuitNow payments, a one-time registration to link your bank account with your BRN is required. Effective January 2019, you can link, modify or delete the bank account to your BRN, all via HSBCnet
Bulk payments
HSBCnet also supports bulk payments via file upload. Authorise payments on HSBCnet or HSBCnet mobile anytime even while on the move
If you need any further support on DuitNow ID, please contact your Relationship Manager, Sales Manager and Client Service Manager.
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China’s Belt-and-Road initiative drives big treasury business to Malaysia
Malaysia, being one of the very first countries participating in China’s One-Belt-One-Road (OBOR) push, can benefit significantly in the long run from the initiative.
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