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how to key in forex rate when inter bank transfer

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Question
hi there, may i ask 2 questions here :-
1) what document to use for transferring money from bank A(own bank) to bank B(own bank)?
2) if bank A is using RM but bank B is using USD, how to key in the exchange rate?
Thanks

Answer

Hi, You have to use a Payment voucher then payment by bank A to a Contra Account in RM.
another Receipt voucher then deposit to bank B from a contra account in USD.



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Views: 1719 Created on: Feb 12, 2015
Date updated: Feb 12, 2015

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