BSN's Auto Credit service is designed to help Employers and Organisations automatically credit funds to employees' or recipient's bank accounts every month or designated period.
- Direct crediting into your employees' BSN account
Perfect and convenient way to pay salaries, bonuses, allowances, etc. Hassle-free. No more queueing at the bank!
- Recipient account at other banks
For recipients with accounts at other banks, payment will be credited via IBG. You only need to deliver the payment data to BSN.
- Opening of account for employees/recipient
BSN provides a platform for companies to open a collection of accounts for their employees at their premise.
HOW IT WORKS
- Get BSN Password
You will be provided with a Password for BSN electronic via BSNeBiz website. This system is secured with safe encryption.
- Key in Data
You will need to provide input of data using the BSNeBiz or data that can be imported from a system maintained by your company.
- Wait for Confirmation
Data confirmation is done online. This enables you to make amendments in case of any errors on the recipient account.
- Mind of Cut-off Time
The cut-off time for data transfer is 6.30pm, one day before payment is made.
- Funds Transfer
Funds for payment can be sent using Bank Negara Malaysia RENTAS system, IBG or via cheque. Funds must be received by BSN before payment can be made.
- Receive e-Statement
Once credited to the employess' accounts, the Company will be furnished with a report that can be downloaded from the server.
AUTO CREDIT PRODUCT CHARGE
Minimum Deposit of RM100,000
Minimum 200 staff salary account
Minimum Deposit of RM50,000
Minimum 100 staff salary account
Micro Financing Customer
Customer with Individual / Joint Account using BSN Financing / Loans Facility
Minimum Deposit of RM1,000