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Payments & Remittances

Local Funds Transfer

Send funds conveniently via Mobile Banking, Online Banking, ATM and Cash Deposit machines - at no extra service fee.

Features


Funds transfer service is available via the following self-service channels:

  • Maybank2u Mobile Banking
  • Maybank2u Online Banking
  • ATM
  • Cash Deposit Machine

4 transfer options for your funds to reach the receiving bank:

  • Instantly (between Maybank accounts)
  • Almost immediately (via FAST or PayNow). Click here for the list of participating FAST institutions and click here for the list of participating PayNow institutions.
  • Within the same day (via MEPS)
  • On the next business day (via interbank GIRO)
  • Weekly, monthly, quarterly, semi-annually, or annually (via Interbank GIRO)

Benefits


  • Multiple self-service channels to pay your bills.
    • Maybank2u Mobile Banking
    • Maybank2u Online Banking
    • ATM
    • Cash Deposit Machine
  • Access to over 40 billing organisations.
  • Manage your bills easily by using the account or reference number on the bill.
  • Option to schedule payments up to 30 days in advance, or set up a recurring transfer.
  • Service is available 24/7.

Ways to perform Funds Transfers


Transfer To Maybank AccountsVia FAST¹Via PayNowVia MEPSVia GIRO
To
Own account with Maybank
3rd-party account
with Maybank
Account with a FAST participating bank
Mobile number, NRIC, UEN, or VPA registered with PayNow
Account with another bank
Account with another bank
Fees
Free
Free
Free
Free
S$3
Free
Funds to reach receiving bank
Instantly
Instantly
Almost Immediately
Almost immediately
Same day
(if we receive payment instructions before 4:30pm)
Next business day (if we receive payment instructions before 1pm)

 

¹FAST transfers are available on Maybank2u Mobile Banking, Online Banking, Funds transfer via MEPS is not available on ATMs and CDMs.

How to make transfers


Click here to view a detail step-by-step guide how to make local transfers on Maybank2u Online Banking

Eligibility


  • Maybank Savings and Current Account holders with Mobile/Online Banking access.

To sign up or reset Online Banking access


  • Click here to sign up or reset password using your Credit Card.
  • Click here to sign up or reset password using your Debit Card.