Funds Transfer Agreement Template for Malaysia

1. International Transfers: Additional provisions for cross-border transfers, including compliance with international regulations and correspondent banking relationships

2. Electronic Banking Services: Specific provisions for online or mobile banking platforms when transfers are conducted electronically

3. Standing Instructions: Terms governing recurring or scheduled transfers, if this service is offered

4. Business Account Provisions: Additional terms specific to business customers, including multiple authorizers and corporate authority requirements

5. Islamic Banking Provisions: Specific provisions ensuring Shariah compliance for Islamic banking customers in Malaysia

6. Force Majeure: Provisions dealing with extraordinary events that may affect transfer services

7. Data Protection: Additional privacy and data protection provisions beyond standard compliance requirements

1. Schedule 1 - Fee Schedule: Detailed breakdown of all applicable fees, charges, and commission rates

2. Schedule 2 - Service Level Agreement: Specific performance standards, processing times, and service quality metrics

3. Schedule 3 - Security Procedures: Detailed security protocols, authentication methods, and verification procedures

4. Schedule 4 - Authorized Personnel: List of authorized signatories and their respective authority limits

5. Schedule 5 - Transfer Limits: Daily, monthly, or per-transaction limits for different types of transfers

6. Appendix A - Required Forms: Standard forms for transfer instructions, amendments, and cancellations

7. Appendix B - Compliance Checklist: Checklist of required documentation and verification procedures for different transfer types