HSBC Bank Malaysia Berhad and HSBC Amanah Malaysia Berhad (collectively “HSBC”) have been appointed by EPF to be included as panel banks for the direct crediting of EPF withdrawal payments to its members.

The types of EPF withdrawals which may be made using the direct crediting mode of payment are as follows:

-  Attaining Age 50 years Withdrawal
-  Attaining Age 55 years Withdrawal
-  Withdrawal to Purchase a House
-  Death Withdrawal
-  Incapacitation Withdrawal
-  Leaving The Country Withdrawal
-  Health Withdrawal
-  Education Withdrawal
-  Pensionable Employees Withdrawal
-  Optional Retirement Withdrawal

Criteria:
EPF members are required to have an active personal deposit account with HSBC
Joint accounts may only be used for withdrawal amounts of more than RM100,000
When applying to EPF for direct crediting as the mode of payment for withdrawals, the customer must

-  Ensure that his/her name and Identification Card number as stated in his/her HSBC account passbook/statement are the same as stated in his/her EPF records;

-  Fill in the correct HSBC account number, which must still be active, in the EPF withdrawal form (KWSP 9);

-  Present the original HSBC account passbook or statement together with a photocopy of pages which indicates customer particulars ie. customer's name, HSBC account number, etc. and certified by HSBC when submitting the withdrawal form (KWSP 9) to EPF.

HSBC Bank Malaysia Berhad (Company No. 127776-V)
HSBC Amanah Malaysia Berhad (Company No. 807705-X)

more reference on https://www.hsbc.com.my/


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