There are Monthly Transaction Limits and Annual Transaction Limits.
Your Monthly Transaction Limit means the monthly limit imposed in any 1 calendar month which shall be as per below:
Lite (RM200)
- Retail payment – maximum of RM2,000.
- Transportation – no monthly transaction limit.
Premium (RM20,000)
- Money transfer and retail payment – maximum of RM120,000.
- Transportation – no monthly transaction limit.
However, there will be an Annual Transaction Limit imposed every 12 calendar months which shall be as per below:
- For RM200 Account Type - RM24,000.00 only for all transactions collectively including transportation (RFID/PayDirect) (except unable to do Money Transfers).
- For RM20,000 Account Type – RM360,000.00 only for all transactions collectively including transportation (RFID/PayDirect).
You may also refer to the table below for a better overview on the TNG eWallet sizes and its limitations:
This eWallet size will be effective on 15th January 2025.
eWallet Size | Lite | Premium |
Account Limit | RM 200.00 | RM 20,000.00 |
Account Limit Upgrade Method | Upon registration | Upon completion of the Account Verification (eKYC) process |
Services Allowed |
|
|
Monthly Transaction Limit |
RM2,000.00 (Exclude Transportation) |
RM120,000.00 (Exclude Transportation) |
Annual Transaction Limit |
RM24,000.00 (Including Transportation) |
RM360,000.00 (Including Transportation) |
Money Transfer Function – Money Transfer Out | Not allowed | Allowed |
Money Transfer Function – Money Transfer In | Allowed | Allowed |