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Making a deposit (Initial Deposit)
Making a deposit (Initial Deposit)

Funding your investor account is easy. Make a deposit anytime.

Shaun avatar
Written by Shaun
Updated over a week ago

If this is your first deposit, the initial deposit amount is RM 100. We encourage our investors to keep a healthy balance of RM 1,000 so that you don’t miss out in our latest deals. 

We require an initial deposit of RM 100 so that our trustees can process your application. There are several ways to make a deposit to our trustee account.

  1. FPX: If you would like to make a FPX transfer to our trustee account, do register your bank account details with us first. We would like to inform you that your bank details have to match the details you've input during registration.

  2. IBG: If you would like to make an transfer to our Trust account, here are our account details: 

  • Bank: RHB Bank Berhad

  • Account Number: 21412900285942

  • Swift: RHBBMYKL

  • Account Name: Modalku Ventures Sdn Bhd - Malaysian Trustees Bhd

  • Bank Address: RHB Centre, Jalan Tun Razak, Kuala Lumpur.

When you make a deposit, your funds would be held in a trust account managed by an independent licensed trustee (Malaysian Trustees Berhad). This is to mitigate the risk of your funds being  misused. 

In order to make a deposit to your Funding Societies account, kindly follow the steps below:

  1. Login to your Funding Societies account

  2. Move your cursor to the Funding Societies logo, then a few options will appear below

  3. Select the Deposit tab

  4. Proceed to deposit the amount you want to your Funding Societies account

If you selected FPX then it will be an instant transfer if your bank details matches the ones in our system.

If you selected IBG transfer, do upload the receipt for the transaction and the funds will take 1 working day to be process.

Note: We only accept deposits made from your personal or joint account. We do not accept cash deposits or deposits made from your company account.

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