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Money Lock

What is Money Lock?


Money Lock is an added layer of protection designed to protect the funds in your current or savings account(s) from the reach of scammers

Benefits


Enjoy greater control and peace of mind by locking selected funds in your current or savings account(s), while continuing to earn interest.

ActionAvailable channels
Lock funds
  • Maybank2u Online Banking 24/7
  • Maybank2u SG app 24/7
  • All Maybank Singapore ATMs
  • Any Maybank Singapore branch during business hours
Unlock funds
  • All Maybank Singapore ATMs
  • Any Maybank Singapore branch during business hours

For joint accounts with “All to Sign” operating condition, Money Lock service is only available at any Maybank Singapore branch.

  • Top up funds into your Money Lock digitally at any time.
  • Continue to earn the same interest on your current or savings account(s) for your Money Lock funds.
  • Locked funds cannot be accessed until you unlock them for use.

How to lock your funds


Money Lock on Maybank2u Online Banking


Step 1
• Select an account and click on ‘…’ menu
• Select ‘Money Lock


Step 2
• Learn more about Money Lock
• Select ‘Next


Step 3
• Enter the amount to be locked in Money Lock
• Select ‘Proceed’ and authenticate the transaction


Upon “Proceed’, the amount in Money Lock will be displayed on your account dashboard

 

Money Lock on Maybank2u SG app


Step 1
• Logon to Maybank2u SG app
• Select ‘Secure Now


Step 2
• Learn more about Money Lock
• Select ‘Lock Now


Step 3
• Enter the amount to be locked in Money Lock
• Select ‘Next’ and authenticate the transaction


Upon ‘Next’ the amount in Money Lock will be displayed on your account dashboard

 

Important information
Please note that joint accounts with “All to Sign” operating condition, money lock service is only available at any Maybank branch.