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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


  • Lock your funds via
    • Maybank2u Online Banking 24/7
    • Maybank2u SG (Lite) mobile app 24/7,
    • Selected ATMs;
    • Any Maybank Singapore branches during business hours
      *Joint accounts with “All to Sign” operating condition, money lock service is only available at any Maybank branch.)
  • Flexibility to top up funds in your Money Lock digitally any time
  • Continue to earn the same interest on your current or savings account(s) for your Money Lock funds
  • Locked funds in your current or savings account(s) cannot be accessed, until you unlock them for use.
  • Unlocking the locked funds can be done at selected ATMs or at any Maybank Singapore branches

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 (Lite) mobile app


Step 1
• Logon to Maybank2u SG (Lite) 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.