DuitNow for Business

Instant collections and payments platform

DuitNow

DuitNow with HSBC is a simple, instant and secure method to receive from and pay to proxies or account numbers. With DuitNow, you will be able to execute payments effortlessly, while further accelerating income realisation.

Pay using proxy

Pay to easy identifiers such as mobile number, NRIC and passport for individuals; and Business Registration Number (BRN) for businesses.

With proxy 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-offs
    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 proxy 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. Authorize payments on HSBCnet or HSBCnet mobile anytime even while on the move

Pre-registration

For existing account holders who have received email notification on or after 21st September 2018 on DuitNow registration, please note that the deadline to opt-out has now been extended to 30th November 2018. You can enjoy the benefits and convenience of DuitNow collections seamlessly on 8th December 2018 (subject to change) when your BRN is registered to one of your HSBC operational accounts.

To find out more, please download our Fact Sheet and FAQ below.

Download factsheet Download FAQ Contact us

1Tentatively on 12th January 2019

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Customer Service and Technical Support

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Customer Service and Technical Support

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Fuelled by rising customer demand and a favourable economic backdrop, Malaysian firms have a positive outlook about their prospects, according to a new HSBC survey of 200 Malaysian firms: ‘Navigator: Now, next and how for business’. The report also reveals that Malaysian business confidence is on the rise, underpinned by intra-Asia opportunities with firms eyeing China, Singapore and Indonesia for future expansion.

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Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.