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The RENTAS portal provides a real-time gross settlement system for interbank funds and scripless securities transactions in Malaysia.
RENTAS was implemented in July 1999 with the objective to improve the overall efficiency of the large value payment system, particularly in respect of reducing interbank settlement risk. It enables the transfer and settlement of high value interbank funds and scripless securities transactions.
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RENTAS is the perfect payment solution for those doing business in Malaysia. It offers a secure and fast way to transfer money electronically, with low transaction fees and limits that make it accessible.
RENTAS issued in February 2012 Clause 4.0 • Updated the RENTAS architecture to reflect additional foreign currency settlement services. Clause 6.1 • Amendment to the classes of RENTAS membership due to the introduction of Foreign Currency Settlement Services. Added new class of membership for foreign central banks and
1.1 The Operational Procedures provides information and procedures that are applicable to Participants using the Real Time Electronic Transfer of Funds and Securities (RENTAS) for MYR Settlement for interbank fund transfers, clearing houses’ transactions and securities trades and corporate actions.
Oct 14, 2016 · RENTAS, first implemented in July 1999, enables the transfer and settlement of high value interbank funds and scripless securities transactions. The new system will offer comprehensive multi-currency settlement and debt securities depository including Ringgit, USD and RMB, bringing additional leverage to the country to grow its role an offshore ...
Mar 1, 2024 · As RENTAS embarks on this ambitious journey of modernisation, its focus is squarely on meeting the challenges of the future while continuing to serve as a stable and efficient platform for financial transactions in Malaysia.
You can transfer funds to any account with any bank in Malaysia through our RENTAS service. Product Features Convenience, fastest and safest way to transfer funds within Malaysia.
RENTAS iLINK is a web-based system that provides real-time information such as cash positions, securities holdings and Settlement status of transactions.
