Personal Finance Bank accounts

RHB GIRO Transfer Time: How Fast Will Your Money Arrive?

Joel Conceicao

30.03.26

Read time 3 minutes

If you’re transferring funds to pay a bill, send a monthly allowance, or settle a business invoice, knowing exactly when your money will arrive is essential.

Interbank GIRO (IBG) is a standard payment method in Malaysia, but because it processes in batches, your money will not arrive instantly. This guide breaks down how long domestic IBG transfers take, the schedules you need to know, and how to make a transfer with RHB.

We'll also introduce the Wise account, a handy companion to make your money go further with low, transparent fees.

Table of Contents
What is an IBG payment? Transfer times and schedules Daily cut-off times Step-by-step transfer guide Frequently asked questions (FAQ)

What is an Interbank GIRO (IBG) payment?

An IBG payment is a reliable and cost-effective electronic money transfer system used across Malaysia.

It is a standard system regulated by Payments Network Malaysia (PayNet) and is ideal for scheduled, recurring, and non-urgent transactions¹. People commonly use IBG to pay credit card bills, finance loans, transfer monthly allowances, or handle payroll and business invoices².

Unlike systems that move money in real-time, GIRO transfers process payments in scheduled batches throughout the working day. This means the time your money arrives depends entirely on when you authorise the transaction. If you miss a specific daily cut-off, your payment simply rolls over into the next processing window.

RHB GIRO transfer times and schedules

Because IBG transfers are not instant, they rely on a strict batch processing schedule. Transfers made before 5pm on a standard business day (Monday to Friday) are credited on the same day. If you make a transfer after 5pm, or on a non-business day, the funds will not be credited until the next working day.

RHB GIRO cut-off times

To ensure your money arrives on the same day, you must submit the transfer before the 5pm deadline. According to RHB's official schedule³, here is when you can expect funds to reach the recipient under normal circumstances:

Transfer initiated	Funds received by recipient
Before 5am (Business day)	By 11am (Same day)
5:01am – 8am (Business day)	By 2pm (Same day)
8:01am – 11am (Business day)	By 5pm (Same day)
11:01am – 2pm (Business day)	By 8:20pm (Same day)
2:01pm – 5pm (Business day)	By 11pm (Same day)
After 5pm (Business day)	By 11am (Next business day)
Weekends and Federal Territory Public Holidays	By 11am (Next business day)

*Details correct at time of research - 30th March 2026

How to make an RHB GIRO payment

Making an RHB GIRO payment is a straightforward process when using the online banking portal⁴.

Before you start, make sure you have the following details ready:

Recipient's full name

Recipient's bank account number

The name of the recipient's bank

Your security token to authorise the transaction

You generally will not need a specific RHB GIRO code for a standard local transfer; selecting the correct bank name from the system is usually all that is required.

Step-by-step guide

Log in to your online banking profile (as a User Data Entry) and navigate to the 'Payment' tab, then select 'Domestic'.

Click on 'IBG' and select the account you want to deduct the funds from.

Enter the recipient's exact name and account number, and select their bank. You can also add optional details like their address, ID, or contact number at this stage.

Fill in the recipient reference, choose your preferred payment date, and type in the transfer amount.

Review the screen to verify all the information you have entered is correct.

Authorise the transfer using your security token. Enter your PIN into the token, press '2' when 'APPLI' or 'rHb' appears, and input the challenge code shown on your screen.

Type the 8-digit number generated by your token into the online portal and click proceed to finalise.

Just take note that while you can transfer funds with IBG to most banks, RHB doesn’t support transfers to digital banks in Malaysia like Ryt and GXBank, as well as e-wallets like the Touch ‘n Go (TnG) eWallet.

Send Money Across Borders with Ease with Wise

While GIRO is a solid choice for moving Ringgit within Malaysia, what happens when you need to pay for something overseas or send money to family abroad? Traditional bank transfers can become expensive, often including marked-up exchange rates on top of transfer fees.

Wise international money transfers can be set up online or within the Wise app with low fees from 0.77% and the mid-market rate, to over 140+ countries. There’s no markup added to the exchange rate that’s used to convert your currency, which makes it easier to see exactly what you're paying for a transfer, and what the recipient will get in the end. Just transfer the amount indicated in MYR and let Wise do the rest.

Track your transfers easily when you create a free Wise account, and manage, hold, and convert your money in MYR and 40+ other currencies. You'll get the same great rates, and be able to track your transfers all from one place. As a bonus, you can also get 8+ local account details to be able to receive money in MYR, USD, GBP, and more.

Frequently asked questions (FAQ)

Is RHB GIRO the same as DuitNow?

No, they are different. GIRO transfers are processed in batches at set times, making them ideal for scheduled, non-urgent payments. DuitNow transfers are typically instant⁵, happening in near real-time, which is perfect for when money needs to arrive immediately.

How can I check the status of my RHB GIRO transfer?

You can easily see if your payment went through by checking the transaction history on RHB internet banking portal⁶. Alternatively, you can always just confirm directly with the person you are sending the money to. If for any reason the transfer is unsuccessful, there is no need to worry – the amount will simply be refunded back to your account.

Sources:

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.