I have provided purpose of payment in my TT instruction but my payment is still getting delayed / rejected. Why is this so and how can I avoid such situations?

TT payments may still be rejected if the purposes of payments are not clear and not specific. Some examples of detailed reason of payment to be provided include:

  • Payment for purchase / rental of car/property
  • Investment Income
  • Payment for legal services
  • Housing loan repayment for ABC apartment
  • Donations for 123 charity
  • Inter-company transfer to own current account in Malaysia

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