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  1. 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.

  2. What Is RENTAS Payment? RENTAS was launched in July 1999 to increase the effectiveness of the large-value payment system. It aims to reduce the risk associated with interbank settlement by allowing the transfer and settlement of high-value interbank funds and scripless securities transactions.

  3. Real-time Electronic Transfer of Funds and Securities System (RENTAS) is the only large value payment system in Malaysia. It provides multi-currency real-time gross settlement of interbank fund transfers, multi-currency debt securities settlement, and depository services.

  4. REAL-TIME ELECTRONIC TRANSFER OF FUNDS AND SECURITIES SYSTEM (RENTAS) 1 For manufacturing sector, sales turnover not exceeding RM50 mil or full-time employees not exceeding 200 workers; for services and other sectors, sales turnover not exceeding RM20 mil or full-time employees not exceeding 75 workers.

  5. www.bnm.gov.my › - › introduction-of-rentas-systemHome - Bank Negara Malaysia

    Home - Bank Negara Malaysia

  6. situations, such as RENTAS Host, e-PKI and network connectivity failure, would be managed. Guideline 1 • Added the word ^MYR into the Guidelines on Third Party Payments. Appendix I, MyClear Payment Services • Updated list of MyClear officers and their contact information. Appendix II

  7. RENTAS iLINK is a web-based system that provides real-time information such as cash positions, securities holdings and Settlement status of transactions.