Lookup for BIC Code/ SWIT Code in Malaysia

Officially name:Malaysia (MY)

Capital: Kuala Lumpur

National currency: Malaysian ringgit (MYR)

Stop Payment of Cheques: Payment instructions are revocable on authorised request, provided that the receiving bank has not advised or credited the beneficiary.

Value Date(s): Bank transfers and customer transfers received before the cut-off time will normally be effected with value the same day, unless otherwise instructed. Should the instruction be received after the cut-off time, payment may not be effected until the next working day.

Note: Malaysian Banks are open on Saturday morning, except the first and third Saturday of the month, where all banks are closed. If the first or third Saturday of the month also happens to be a holiday, then the following Saturday will be a holiday.
In Labuan, where the offshore banks are open from Monday to Friday only.
The states of Kelantan and Trengganu in Peninsula Malaysia observe Thursday as half-day and Friday as the week-end holiday, except the first and third Thursday of the month, where all banks are closed. If the first or third Thursday of the month also happens to be a holiday, then the following Thursday will be a holiday.
If the holiday falls on a Sunday, then the following Monday will also be a holiday.
If 2 holidays (different ethnic holidays) fall on the same day, then the following working day will also be a holiday.