In these Terms and Conditions (“Terms”), references to “You”, “Your” and “Yours” refer to the Finexus Cards Sdn Bhd [Company Registration No. 200501024587 (706720-U)] customer who uses The National Addressing Database (“NAD”) and references to “We”, “Our”, “Ours” and “Us” refer to Finexus Cards Sdn Bhd.

These Terms govern Your use of the NAD provided by Us and shall be read in conjunction with Finexus Cards Sdn Bhd Terms and Conditions governing Electronic Banking/e-Money services.

“Account” means an E-money account offered by issuers of E-money and all types of deposit accounts offered by banks, except for fixed deposit accounts. This shall include, but is not limited to, all types of conventional and/or Islamic saving accounts, current accounts, investments accounts, virtual internet accounts.

“DuitNow Transfer” means a service which allows customers to initiate and receive instant credit transfer using a recipient’s account number or DuitNow ID.

“DuitNow ID” means an identifier of an account holder such as mobile number, NRIC, passport number, army number or police number (in the case of an individual) or business registration number (in the case of a corporate customer) or any other identifiers as may be introduced by the NAD Operator from time to time.

“E-money account” means a payment instrument that stores funds electronically in exchange for funds paid to the issuer of e-money and is able to be used a means of making payment to any person other than the issuer of e-money.

“Malware” means computer viruses, bugs or other malicious, destructive or corrupting software, code, agent, program or macros, and/or phishing or social engineering schemes which utilise computer software or telecommunications to obtain personal data or any other personal information for malicious or fraudulent purposes.

“National Addressing Database” (NAD) means a central addressing depository established by the NAD Operator that links a bank or an e-money account to a recipient’s DuitNow ID and facilitates payment to be made to a recipient by referencing the recipient’s DuitNow ID.

“NAD Name Enquiry” means a service which returns the name of the owner who has registered its DuitNow ID in NAD.

“NAD Operator” means Payments Network Malaysia Sdn Bhd (PayNet) (Company No.: 200801035403 [836743-D]).

“Personal Data” means any information in respect of commercial transactions that relates directly or indirectly to a customer, who is identified or identifiable from that information which includes, but not limited to, the customer’s name, address, identification card number, passport number, banking information, email address and contact details.

“Common ID” means a unique identification of a customer which links all DuitNow IDs registered by the customer such as the customer’s NRIC, army number, or police number, or for non-Malaysians, passport number.

a. The NAD service allows You to link an Account that You have with Us to Your DuitNow ID.

b. By linking Your DuitNow ID to Your Account, You have the option of receiving incoming funds via DuitNow or any other payment services that address payments using Your DuitNow ID.

c. When You register Your DuitNow ID in NAD, You will also provide Us with Your Common ID which will be linked to Your Account with Your registered DuitNow ID. Your common ID will be used by other NAD participating banks for the purpose of identifying You, as part of facilitating the DuitNow service.

d. You may link more than one of Your DuitNow ID to the same Account. However, You may not link a particular DuitNow ID to multiple Accounts.

a. You may update or change Your DuitNow ID that is linked to Your Account via the channels made available to You. We will require a reasonable notice period to effect such changes or update.

b. You understand and agree Your DuitNow ID that is linked to Your Account may be deregistered by You or by Us, due to the following circumstances:

I. You wish to transfer Your existing DuitNow ID to another Account in another bank/ e-money issuer;

II. You have changed/updated Your DuitNow ID;

III. You have closed Your Account that is linked to Your DuitNow ID;

IV. the mobile number which You have provided to Us as Your DuitNow ID has been terminated and recycled for use by another person;

V. after a period of inactivity; or

VI. upon investigation, We find out that You or Your DuitNow ID is potentially involved in any fraudulent activity(s).

c. You will receive a confirmation or de-registration from Us via email as soon as the de-registration is confirmed.

a. You represent and warrant that the DuitNow ID used for registration in NAD belongs to You, is correct, complete and up-to-date for the use of the service and You will promptly notify Us if there is any change to the DuitNow ID information provided to Us.

b. You acknowledge and agree that other NAD participating banks/e-money issuers may perform a NAD Name Enquiry of Your DuitNow ID for the purpose of verifying/identifying Your name to Your registered DuitNow ID, as part of facilitating the DuitNow service.

c. You acknowledge and consent to the disclosure of Your DuitNow ID, Your Common ID and other relevant Personal Data to the NAD Operator for its processing, storing, and archival and disclosure to the sender of funds or merchants under the DuitNow services, Our affiliates, service providers, other NAD participants and third parties offering the DuitNow service and their respective customers.

d. You acknowledge and agree that We may disclose Your DuitNow ID information to anyone who We are under an obligation to disclose information to under the law or where it’s in the public interest, for example to prevent or detect fraud and abuse.

a. Your consent and Our right to disclose information shall be in addition to, and without prejudice to the rights accorded to You under the Personal Data Protection Act 2010 and any other applicable laws in Malaysia.

b. We will only disclose, use and process Your DuitNow ID for the purpose of facilitating the DuitNow service.

c. We have in place, reasonable security measures (both technical and organisational) against unlawful or unauthorised processing of Your DuitNow ID.

d. We will notify You as soon as practicable if Your DuitNow ID is lost, destroyed, or becomes damaged, corrupted or unusable.

a. We and the NAD Operator shall not be liable for any losses or damage You may suffer as a result of, including but without limitation:

I. Your failure to maintain up-to-date information and Your failure to provide accurate information to us;

II. Our compliance with any instruction given or purported to be given by You which is apparent to a reasonable person receiving such instruction;

III. any misuse or any purported or fraudulent use of Your DuitNow ID including instances whereby online fraud is perpetrated by way of any Malware;

IV. any disclosure of any information which You have consented to Us collecting, using or disclosing or where such collection, Use or disclosure is permitted or required to be disclosed under the applicable laws in Malaysia.


a. You acknowledge that We have the right to change, vary or modify these Terms by providing You with thirty (30) days notice in such manner as We deem fit and You agree to be bound by such Terms as cancelled, revised or modified.

b. These Terms shall be construed in accordance with the laws of Malaysia and You agree to submit to the non-exclusive jurisdiction of the courts of Malaysia.