More Than RM1 Million Savings Withdrawal
The EPF gives members with more than RM1 million in savings the flexibility to withdraw and manage excess savings on your own.
Requirements
What You Can Withdraw
Any amount exceeding RM1 million in savings. The withdrawal amount will be taken from the Akaun Fleksibel first, if insufficient, the withdrawal amount will be taken from the Akaun Sejahtera. If the withdrawal amount is still insufficient from the Akaun Fleksibel and Akaun Sejahtera, the withdrawal amount will be taken from the Akaun Persaraan.
Required Documents And Information
Additional Information
Payment Methods
- Local Payments
a. Full payment in Ringgit Malaysia (RM) will be credited to your account
If you hold an active account with our panel bank and your identification number matches the bank records.
b. You will be issued a Bankers Cheque
If payment to your account is unsuccessful.
- Overseas Payments
a. Full payment will be made via Foreign Demand Draft in the currency of your choice
If your preferred currency is included in our list of approved currencies.
b. Full payment will be made via Foreign Demand Draft in US Dollars
If your preferred currency is not available on our approved list.
Important Reminder
- Certify your documents
Ensure ALL copies of documents have been certified and acknowledged by the authorised persons.
(complete with name, designation and official stamp except for copies of documents which require certification by an EPF officer) - Double check your panel banks
Refer to the list of EPF panel banks for direct crediting of payment into member’s account. - Submit to EPF
Send your completed submissions at your nearest EPF Counter or mail it to the EPF.Post to EPF:
JABATAN PENGURUSAN TRANSAKSI
Menara KWSP
No.1 Persiaran Kwasa Utama,
Kwasa Damansara, Seksyen U4,
40150 Shah Alam,
Selangor. - Need more information?
Refer to our product brochure for additional information.
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