MEPS+
Malaysia Electronic Payment System
MEPS+ is Malaysia's real-time gross settlement system for high-value interbank payments. It enables immediate settlement of large-value transfers between participating banks.
The system settles in central bank money and is used for time-critical corporate and financial market payments. It forms part of Malaysia's national payments infrastructure.
Related Terms
RTGS
Real-Time Gross Settlement
RTGS is a funds transfer system where money moves from one bank to another on a real-time and gross ...
Wire Transfer
A wire transfer is an electronic transfer of funds between banks or financial institutions. Wire tra...
FAST
Fast and Secure Transfers
FAST is Singapore's instant bank transfer service for SGD payments. It enables immediate, 24/7 trans...
Need to convert bank statements to spreadsheet format? Try our bank pdf converter to easily export your transaction data to Excel or CSV.
The best offline currency converter.
Built for travelers.