Service process
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How to deposit funds into the reserve account
Once you have registered for membership, you are asked to transfer funds for remittance(s) from an account in your name to a Reserve Account designated by KMS Remit. Please make sure that the deposited funds are showing in the Reserve Account. If the deposit is made during banking business hours, the funds should show in around 30 minutes. If the deposit is made outside of banking hours, then the deposit will show on the next business day.
Remittance requests using KMS Remit’s member portal
After member registration, customers can transfer funds from their bank account to the Reserve Account.
Please make sure that the correct deposit amount is reflected in your Reserve Account balance.
When requesting a remittance from the member portal, choose the amount of funds you wish to remit from the balance of the Reserve Account. (In principle, reception is possible 24 hours a day, 365 days a year.)
Funds will be received by the remittance method specified.
If funds are to be picked up in cash, a Reference Number (RN) will be issued once the remittance has been completed. At this point, the funds will be available for collection.
If funds are to be remitted to a bank account, it will take 0-2 business days for the credit to appear.