27th May 2025 - 1 min read
Hong Leong Bank (HLB) will be implementing a revised daily transfer limit for transactions conducted via automated teller machines (ATMs), capping it at RM5,000 from 16 June 2025. The move comes as part of the bank’s ongoing efforts to strengthen security measures in response to rising fraud risks.
The new limit will apply to all ATM-based transfers, including Interbank Funds Transfer (IBFT) and Interbank GIRO transactions. Customers who currently have daily limits exceeding RM5,000 will see their limits automatically adjusted to comply with the new policy. However, those with existing limits below RM5,000 will not be affected.
HLB has assured customers that higher-value transfers remain accessible through alternative channels such as the HLB Connect App, HLB Connect Online, HLB Connect Lite, or by visiting a branch counter.
The bank expressed its appreciation to customers for their understanding and cooperation, reaffirming its commitment to safeguarding the security of banking services.
(Source: Hong Leong Bank)
Samuel writes about personal finance and financial news, focusing on how banking updates, policies, and promotions affect everyday money decisions. He enjoys making complicated financial topics easier to follow. Outside of writing, he spends his time watching TV shows and occasionally convincing himself he will only watch one episode.
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