DuitNow on Luno
- Our rating
- 4.0
- Offered in
- 1 country
- Type
- Domestic bank rail
- Rail reviewed
- 2026-08-18
- Review updated
- 2026-08-12
Know before you deposit
Yes. Luno takes DuitNow in Malaysia. Instant and available around the clock: the funds land in the recipient account within seconds of you confirming the transfer. By reach it is third of the 9 rails on our record for Luno; Local bank transfer is offered in more countries.
What DuitNow is
DuitNow is Malaysia's instant account to account transfer service, run by Payments Network Malaysia (PayNet) on the Real time Retail Payments platform. PayNet is the national payments infrastructure company whose largest shareholder is Bank Negara Malaysia, alongside eleven Malaysian financial institutions. You send from the internet or mobile banking app of any of 42 participating banks, or from a participating eWallet, using either an account number or a DuitNow ID such as a mobile number, NRIC, passport number or business registration number.
- Speed
- Instant and available around the clock: the funds land in the recipient account within seconds of you confirming the transfer.
- Cost of the rail
- PayNet lists transfers up to RM5,000 as free, with a 50 sen (RM0.50) fee above that amount which many banks waive.
- Limits
- RM5,000 is the free tier boundary rather than a hard cap, and each participating bank sets its own per transfer and daily transfer limits on top.
Where Luno offers DuitNow
Each country opens the Luno page for that market, with its rank there and every rail it takes. The number is Luno's rank in that country's guide.
Asia (1)
MalaysiaWhat DuitNow costs on Luno
Local deposit methods and costs vary by market; bank transfers are typically low cost.
Other ways to pay on Luno
8 other rails at least one country we rank Luno in uses, widest reach first.
Frequently asked questions
Does Luno accept DuitNow?
Yes, in Malaysia. By reach it is third of the 9 rails on our record for Luno; Local bank transfer is offered in more countries. Support is decided market by market, so the country pages linked here are the exact list.
In which countries can I use DuitNow on Luno?
Malaysia, from our country guides reviewed between 2026-08-12 and 2026-08-12.
How long does a DuitNow deposit take on Luno?
Instant and available around the clock: the funds land in the recipient account within seconds of you confirming the transfer. That describes the rail itself; Luno may hold a first deposit for longer while it verifies your account.
What does DuitNow cost on Luno?
PayNet lists transfers up to RM5,000 as free, with a 50 sen (RM0.50) fee above that amount which many banks waive. On Luno's side: Local deposit methods and costs vary by market; bank transfers are typically low cost.
Are there limits on DuitNow deposits?
RM5,000 is the free tier boundary rather than a hard cap, and each participating bank sets its own per transfer and daily transfer limits on top. Any limit Luno applies on top is set per account tier and shown inside the platform.