A Comprehensive Guide on How to Withdraw Money Cardless in Malaysia

In this digital age, convenience is key, and Malaysia is no exception to the trend. Cardless cash withdrawal is gaining popularity as a hassle-free method to access funds without the need for a physical bank card. Whether you’ve misplaced your card or prefer a more secure alternative, this article will provide Malaysians with a step-by-step guide on how to withdraw money cardless in Malaysia.

What is Cardless Withdrawal?

Cardless withdrawal allows you to withdraw cash from an ATM without the need for a physical debit or credit card. Instead, you can use a mobile banking app or an e-wallet to generate a one-time transaction code, enabling you to access your funds securely.

Understanding Cardless Withdrawal Options in Malaysia

Malaysia offers several cardless withdrawal options, including Maybank QRPay, CIMB Clicks, and Boost e-wallet. These platforms allow users to generate transaction codes on their mobile devices, enabling cash withdrawal at designated ATMs.

Setting Up a Mobile Banking App or E-Wallet

To access cardless withdrawal services, you must first download and register with a compatible mobile banking app or e-wallet. Popular options include Maybank2u, CIMB Clicks, and Boost.

Registering for Cardless Withdrawal Service

Once you’ve installed the app or e-wallet, you need to register for the cardless withdrawal service. Look for the relevant option within the settings or service menu and follow the provided instructions to complete the registration process. You may need to provide your personal and banking details for verification.

Generating a Transaction Code

After successful registration, navigate to the cardless withdrawal section within the app or e-wallet. Enter the desired withdrawal amount and select the linked bank account from which you wish to withdraw the funds. The app or e-wallet will then generate a unique transaction code.

Locating Cardless Withdrawal ATMs

To withdraw cash, locate an ATM that supports cardless withdrawal. Many major banks in Malaysia have introduced this service, including Maybank, CIMB, and Public Bank. Look for ATMs displaying the cardless withdrawal logo or consult your bank’s website or app for ATM locations.

Withdrawing Cash

At the cardless withdrawal-enabled ATM, follow these steps:

a) Select the cardless withdrawal option on the ATM screen.

b) Enter the transaction code generated on your mobile banking app or e-wallet.

c) Enter the withdrawal amount that matches the code generated.

d) Collect your cash from the ATM.

Conclusion

Cardless cash withdrawal offers Malaysians a convenient and secure way to access funds without relying on a physical bank card. By registering with a mobile banking app or e-wallet, generating a transaction code, and locating cardless withdrawal ATMs, you can enjoy the benefits of hassle-free cash withdrawals. Remember to prioritize your personal safety and never share your transaction code with anyone. Embrace the digital revolution and experience the convenience of cardless withdrawals in Malaysia today!