| Telegraphic Transfer (TT)1 | ||
|---|---|---|
| Commission | 0.125% commission (minimum S$20, maximum S$100) | |
| Commission in lieu of Exchange (CILE) | Refer to bank charges for Foreign Currency Accounts | |
| Processing fees | via Online: S$20 | via Branches: S$30 |
| Amendment/Cancellation of TT# | S$30 + Processing fee (Agent Fee may apply) | |
| Tracer of TT^ | S$30 + Processing fee (Agent Fee may apply) | |
¹ TT fees include commission + processing fees + agent fees* (where applicable)
* Agent Fees are charges that are levied by the intermediary's bank and/or beneficiary's bank for the receipt of funds. Therefore, in some cases, the remitted amount may not be credited in full to the beneficiary's account, after netting off Agent Fees. For charge type “OUR” additional Agent Bank Fee will be imposed.
# Currency and Amount cannot be amended. For such cases, please request for cancellation of payment and submit a new payment request. Cancellation request(s) must be made at the branch by the authorized account holder(s). Cancellation request is on a best effort basis, and fees and charges will apply. Any refund (if permitted) is subject to the beneficiary and/or his bank agreeing to the request for cancellation and returning the funds, and is possible only when or if the bank is in possession of the funds for which the payment instruction was issued, free from any exchange or other restrictions. The bank will bear no responsibility or liability if the beneficiary fails to return the funds. The returned funds (after deduction of the applicable bank fees and charges) will be credited into your account with us. Do note that returned funds may differ from original remittance due to charges imposed by agent and/or beneficiary banks and/or foreign exchange loss.
^All Tracer requests must be made at the branch by the authorized account holder(s). Alternatively, the viewing of TT status is also available via Online Banking, Business Internet Banking and Mobile Banking under “Overseas Transfer Status”. Click here to find out more.
| Maybank Overseas Transfer | |
|---|---|
| To Maybank Malaysia | Free |
|
To other banks in Malaysia |
S$2 per transaction |
|
To Philippines |
Processing fee of S$10 and a commission of 0.125%, subject to a minimum of S$20 and a maximum of S$100 (Where applicable, Agent Fee may also apply.) |
| Maybank Overseas Transfer (Over the counter) |
Processing fee of S$10 and a commission of 0.125%, subject to a minimum of S$20 and a maximum of S$100 |
| MEPS | |
|---|---|
| Local Funds Transfer in SGD | via Branch: S$20 Processing Fee |
| Cashier's Order (CO) | |
|---|---|
| To Account Holder's own name | First CO, free. Thereafter, S$5 per CO |
| To 3rd Party’s Name | S$5 Processing Fee |
| Amendment | S$5 Processing Fee |
| Replacement/ Cancellation of CO | S$20 Processing Fee |
| Postage charge for Registered Mail for Cashier’s Order | S$3 (Within Singapore only) |
| Demand Draft/US Dollars Local Clearing (Demand Draft is unavailable from 1 July 2021) | |
|---|---|
| Commission | 0.125% commission (minimum S$20, maximum S$100) |
| Commission in lieu of Exchange (CILE) | Refer to bank charges for Foreign Currency Accounts |
| Amendment/ Cancellation | S$30 (Agent Fee may apply) |
| Postage charge for Registered Mail | S$3 (Within Singapore only) |
2Fees include commission + agent fees* (where applicable)
* Agent Fees are charges that are levied by the intermediary's bank and/or beneficiary's bank for the receipt of funds. Therefore, in some cases, the remitted amount may not be credited in full to the beneficiary's account, as it is net of Agent Fees.
All charges incurred are non-refundable
We will notify you of any changes by giving you 30 days' notice except where otherwise stated in the Terms and Conditions governing the Bank's relevant Products and Services.
Inward Remittance Charges are based on the respective currency received (for local and overseas inward transfer). We will notify you of any changes by giving you 30 days' notice except where otherwise stated in the Terms and Conditions governing the Bank's relevant Products and Services.