My attempted initial deposit fund transfer to my GX Account was rejected. Why?
A minimum initial deposit of RM20 is required from your own bank account in your name (a first party fund transfer). If the funds are from a third-party account, the amount will be refunded back to the originating account within 5 business days.
Here is an example of a first-party fund transfer:
- Accountholder Name (Bank ABC): John Bin Joe
- Name (as per MyKad): John Bin Joe
Please also ensure that your fund transfer is performed via GXBank app, and not through any third-party banking platform directly. Follow these steps to complete the transfer:
- Login to your GXBank app.
- On the home page, tap on “Add Money” and select your preferred bank.
- You will be directed to the bank's login page. Follow the provided instructions to successfully complete the funding for your GX Savings Account.