Post-Trade and Settlement
The problem statement
  • Low adoption of e-contracts and e-statement
  • Online settlement for trades limited by daily online banking limit of up to RM 30-50k. Cheques are still used for large value transactions
The objective
  • To facilitate adoption of electronic notification of contract notes and statements
  • To enable higher online settlement limit for stockbroking, with enhanced settlement controls by brokers
Move collectively towards full adoption of electronic contract notes and electronic statements through:
Strengthen requirement of controls for brokers, as part of enabling higher daily transaction limits
Payment solutions to enable brokers to offer higher settlement limit
  • FPX's Merchant Specific Higher Transaction Limit 
    (For more information, please contact PayNet at [email protected])

List of banks currently offering higher daily online settlement limit of RM100,000 (as at 31 July 2020):
  1. Affin Bank Berhad
  2. Bank Islam Malaysia Berhad
  3. HSBC Bank Malaysia Berhad
  4. OCBC Bank (Malaysia) Berhad
  5. Public Bank Berhad
  6. RHB Bank Berhad
about the SC
The Securities Commission Malaysia (SC) was established on 1 March 1993 under the Securities Commission Act 1993 (SCA). We are a self-funded statutory body entrusted with the responsibility to regulate and develop the Malaysian capital market.

General Line: +603-6204 8000
General Email: [email protected]
© Copyright Securities Commission Malaysia.  Contact Us   |    Disclaimer   |   The site is best viewed using Microsoft Edge and Google Chrome with minimum resolution of 1280x1024
Generic Popup