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What are the Purpose of Payments allow for Resident to Resident transfer if Beneficiary Relationship is Own, Third Party/Others or Immediate Family?

Beneficiary Relationship

Applicable Foreign Transfer Type

Purpose of Payment

Type of Purpose of Payment

Own Foreign Telegraphic Transfer Only Others

Transfer by a resident (exclude bank) to/from current account overseas of another resident company

Extension/receipt (drawdown) of short-term term loan/financing to/from Non-resident

Repayment of principal to/by Non-resident on short-term term loan/financing

Prepayment of principal to/by Non-resident on short-term term loan/financing

Financial lease extension to/receipt from Non-residents

Repayment of financial lease to/receipt from Non-residents

Prepayment of financial lease to/receipt from Non-residents 

Credit facilities extension to/receipt from Non-resident

Repayment of credit facilities to/by Non-resident

Prepayment of credit facilities to/by Non-resident

Corporate Stocks and Shares - Issued by residents in international markets

Corporate Stocks and Shares - Issued by Non-residents in international markets

Corporate Stocks and Shares - Issued by Non-residents in domestic capital market

Placement/withdrawal of deposits of residents with/from offshore financial institutions in Labuan

Foreign Telegraphic Transfer and SpeedSend

Capital Transfers

Acquisition/ disposal of non-produced, non-financial assets

 

 

 

 

 

 

 

 

Credit Facilities

Long-term loan/financing facilities, whereby the original tenure exceeds one year - Extension to /receipt from Non-resident 

Long-term loan/financing facilities, whereby the original tenure exceeds one year – Repayment of other loan/financings facilities to/by Non-resident

Long-term loan/financing facilities, whereby the original tenure exceeds one year - Prepayment of other loan/financings facilities to/by Non-resident 

Short-term loan/financing facilities, whereby the original tenure is one year or less - Extension to /receipt from Non-resident

Short-term loan/financing facilities, whereby the original tenure is one year or less – Repayment of other loan/financings facilities to/by Non-resident 

Short-term loan/financing facilities, whereby the original tenure is one year or less - Prepayment of other loan/financings facilities to/by Non-resident

 

Other Investment

Purchase/sale of real estate in Malaysia (commercial) 

Purchase/sale of real estate in Malaysia (residential)

Purchase/sale of real estate abroad (commercial)

Purchase/sale of real estate abroad (residential)

Placement/withdrawal of deposits of residents with/from financial institutions abroad

Third Party/Others

Foreign Telegraphic Transfer and SpeedSend

Services and investment income 

Education services

Foreign Telegraphic Transfer only

Others

Corporate Stocks and Shares - Issued by residents in international markets

Immediate Family

Foreign Telegraphic Transfer and SpeedSend

All types of purpose of payment

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