Internet Banking Website Malaysia: Revolution 4.0 in the Banking World

Nowadays, most people know about technology. Their sophistication is rampant in all corners of our lives. These changes can also be felt in the presence of the Internet Banking Website Malaysia. Nowadays all banking matters are easily accessible anywhere and anytime.

Internet Banking Website Malaysia

What Exactly is Internet Banking Website Malaysia?

Internet Banking Malaysia Website is a page that helps banking activities, where it utilizes internet technology as a medium for conducting transactions and getting other information through the website. This activity uses the internet network as an intermediary or liaison between the customer and the bank without having to go to the bank office. Customers can use desktop computers, laptops, tablets, or smartphones that are connected to the internet network as a liaison between the customer’s device and the bank system.

In general, internet banking service features include general information on checking savings accounts, deposit accounts, account mutation information, fund transfers, both between accounts and between banks, credit purchase, information services such as interest rates and exchange rates, and payments such as phone bill payments, internet bill payments, electricity bill payments, and various other types of payments.

What Is the Process of Internet Banking?

Customers must have a user id, password, token or One Time Password (OTP), and an internet connection to access internet banking. By enrolling with the bank, you can acquire a user id, password, and token. When utilizing internet banking, the customer must first check that the website being accessed is the bank’s internet banking website, after which the customer will be prompted to enter a user id and password on the home page or login. Customers will be required to enter the OTP obtained from the token when making financial transactions. After completing the transaction, the consumer must ensure that he or she has logged out of the internet banking website. As verification that the transaction was completed, the bank sends an e-mail message.

Internet Banking Website Malaysia

The Benefits of Internet Banking Website Malaysia

There are many advantages to using Internet Banking Website Malaysia that can be obtained, one of which is saving time and travel costs. With e-banking, customers no longer need to go to the bank or ATM to make transactions, such as transferring money or paying bills.

Internet banking is also more efficient because you don’t have to wait in long lines. Enough with a smartphone, customers can do it anywhere and anytime as long as they have an internet network. In addition, there are several other advantages of internet banking, including:

  1. Customers can make financial transactions, create and manage transaction schedules at the same time.
  2. Can perform various bank transactions, such as non-cash inter bank money transfers, balance checks and account mutations, pay credit card bills, and pay monthly bills.
  3. Open a new savings account, open a term savings account, open an education savings account, buy insurance, or open a time deposit account quickly, safely and easily.
  4. Can check the Malaysian Ringgit currency exchange rate against other countries’ currencies.
  5. Saving operational costs for banks.


In conclusion, for business people, the payment process is very important to pay attention to. Over time, technology and payment solutions also continue to develop and internet banking is one of them. Internet Banking Website Malaysia Internet Banking Website Malaysia, on the other hand, is here to provide even greater convenience for business people to manage all their business transactions.