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Will there be any impact to my existing scheduled transactions?

Yes. If your transaction amount for a future date is more than RM10,000 per transaction, the transaction will be rejected on your scheduled date. You will be notified via SMS for any failed Scheduled Transaction(s). You may also refer to CIMB Clicks Online Banking, under Clicks Transaction History where the following error message will be displayed: 

 

Error Message

You have exceeded the Fund Transfer limit of MYR10,000 for Non-Residents. For transfers above MYR10,000, visit a CIMB branch with supporting documents for purposes allowed under Foreign Exchange Policy Notice. Refer to Transfer Fund FAQs on our website. [SIBS_MY00264]

 

Illustration for Scheduled Transactions as following:

 

Transfer Type

Date of Transfer

Amount

Transfer Status

Future Date

Status of Scheduled Transactions

Recurring

16 June 2022

RM10,000.01

“ Accepted for Processing” at the Acknowledgment page

18 June 2022

Status Failed. Unable to process transaction as customer have exceeded External Account limit binded by FE Policy Notices guideline and SMS Failed will be received by customer.

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