Friday 6 September 2013

Maybank interbank fund transfer

There are at least two methods to do interbank transfer to CIMB (or other participating banks) using Maybank2u. IC number can be provided to Maybank2u to verify the recipient.

1) Method: Instant Interbank Transfer
    Charge: RM2 per transaction
    Duration: Instant ( literally only took second. By the time I login into CIMBclicks to check for the balance, the fund was already there.
 

2) Method: GIRO Interbank Fund Transfer (Interbank GIRO or IBG)
    Charge: 10sen (New Bank Negara Ruling)
    Duration: Only works on business days. Any transfer before noon will be completed on the same day (mine arrived at 7pm on the same day). After 12, the fund will be transferred on the next business day.