Rhb Investment Bank Berhad SWIFT/BIC code

SWIFT/BIC code of Rhb Investment Bank Berhad

OSKIMYKL and OSKIMYKLXXX are two ways of writing the same bank identifier, and both point to Rhb Investment Bank Berhad in Kuala Lumpur. The code does one job: it ensures that money from abroad ends up at the right bank. In practice you usually see the code on international invoices, in payment forms and in the bank details that Rhb Investment Bank Berhad provides.

On this page we explain what the code is put together, when it matters and what else you need for a transfer to or from Rhb Investment Bank Berhad. Keep in mind that the SWIFT code just identifies the bank, not the person: the IBAN or account number does that part.

Choosing between the 2 SWIFT codes of Rhb Investment Bank Berhad

With 2 codes in 1 cities, Rhb Investment Bank Berhad belongs to the banks that register separate codes for branches and departments. The main code remains OSKIMYKLXXX.

Usually there is no need to pick a branch: payments addressed to OSKIMYKLXXX are routed within Rhb Investment Bank Berhad without problems. When you receive a specific code, use it as it is rather than replacing it for the head office code.

If you are not sure, ask the person you are paying which code their bank gave them. Branch codes can change over time.

About this information

The codes on this page come from public sources. It can happen that information on this page is no longer current after a merger or reorganisation. The figures we show are based on what is in our directory and not on information from Rhb Investment Bank Berhad itself.

See our directory on this page as a handy check and rely on the recipient or Rhb Investment Bank Berhad for the final confirmation. GoldexPay is independent of Rhb Investment Bank Berhad; we are a comparison site for money transfers. Should you notice a mistake, we appreciate a short note.

How to check OSKIMYKL before you pay

Have the recipient send you their bank details straight from their online banking. If the code you have does not match OSKIMYKL or OSKIMYKLXXX, stop and ask: check with the recipient or with Rhb Investment Bank Berhad directly.

Mistakes in the SWIFT code tend to be annoying more than fatal. An error in the IBAN or account number is a bigger problem; check it just as carefully.

An automatic check in your banking app merely confirms that the IBAN exists. Where available, a payee name check on the recipient adds extra certainty. When you pay someone new, many people start with a small test amount before sending the rest.

Why Rhb Investment Bank Berhad has an 8- and an 11-character code

A BIC is made up of a few fixed parts: characters one to four identify the bank, characters five and six give the country and characters seven and eight mark the location. The result is OSKIMYKL for Rhb Investment Bank Berhad.

The 11-character version has three more characters that identify a branch or department. If the last three are XXX, the code points to the head office, so OSKIMYKLXXX and OSKIMYKL are interchangeable.

Do not add spaces when you type OSKIMYKL; the code is always written in one block. A wrong character can send a payment to another bank, so copy it carefully.

Receiving money from abroad at Rhb Investment Bank Berhad

When you expect money from abroad, send the payer everything they need in one go. In practice that means: your name as registered with Rhb Investment Bank Berhad, your IBAN or account number, the BIC OSKIMYKLXXX (or OSKIMYKL) and sometimes your postal address.

It helps to add the bank name and its city as well. A typo in your account number is more trouble than it looks; copy them from your banking app rather than typing.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Charges on incoming payments differ per bank – the price list of Rhb Investment Bank Berhad tells you what applies. Agree with the sender who covers the fees.

Changed bank details? Be careful

Stay alert if someone unexpectedly asks you to pay into another account or a bank in another country. A valid SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Do not rely on a phone number in the same message that contains the change. Pressure or secrecy are red flags. Acted too fast? Contact your bank without delay and have them start a recall.

Recipients can be targeted as well: one known trick is a buyer who pays too much and then sends a request to send back the difference to another account. Do not act before the money has really arrived – ask Rhb Investment Bank Berhad if something looks wrong.

Paying someone abroad from your Rhb Investment Bank Berhad account

A bank transfer abroad costs more than the listed fee. Besides a fixed fee, correspondent or intermediary banks may take a cut, and if the money changes currency the bank often uses a rate below the real market rate.

That exchange rate margin is often the largest cost. Compare their rate with the mid-market rate – the rate you find on financial news sites.

For many routes, a specialist provider turns out to be cheaper than a traditional bank transfer, mainly because of the exchange rate. GoldexPay compares transfer providers side by side, showing what actually arrives. You can always keep your account at Rhb Investment Bank Berhad as the source of the money.

Tracking a transfer to or from Rhb Investment Bank Berhad

There is no fixed answer for every transfer: many land within a day while others need several business days. Transfers sent after the cut-off time or on weekends and holidays often start the next business day. Occasionally a bank wants to know what the payment is for.

Many banks are connected to SWIFT gpi for faster and traceable payments. Each payment gets a unique transaction reference, the UETR that banks can use to trace it. Specialist transfer services usually provide a status online so you can see where the money has got.

A missing payment is investigated by the sending bank. As a recipient, it helps to look at your account to see a partial amount, since fees may have been deducted.