Saturday, 23 September 2017,   01 Muharram 1439H

Personal Banking

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Auto Debit


BSN’s Auto Debit service is designed to enable Employers or Organisations to debit funds from their clients every month or designated period.


Features

 »

Direct debiting/deduction from your payer's account
Perfect for payments such as collection of monthly insurance premium, loan repayments, etc. Consent must first be obtained from the payer to use this service.

 » Company sends debit data according to schedule 
You can send deduction data regularly according to their preferred schedule. This data will be sent electronically.


How It Works

 » You will be provided with a Password for BSN electronic file via ePayment website. This system is complemented with safe encryption.
 » You will provide input of data using via ePayment website or data that can be imported from a system maintained by the Company.
 » The cut-off time for data transfer is 6.30pm, one day before payment is made.
 » Once the payer's account is debited, the Company will be provided with an output file to assist the Company in their housekeeping system.


Auto Debit Product Charge Table

No Details Transaction Fee GST
Payer
(Individual) 
Recipient
(Organization) 
Payer
(Individual) 
Recipient
(Organization) 
1 Individual to Organization 
Successful Transaction) 
Free Minimum
RM1.00
Free Free
2 Insufficient Fund 
(Unsuccessful Transaction) 
Free N/A  N/A  N/A 
3 New Registration Minimum
RM1.00 
N/A     N/A
4 Revocation Minimum
RM1.00 
N/A     N/A

For more information or an appointment, please contact 03-2162 3222 ext: 16615 / 15642 / 15697