Demand Drafts

An efficient way to send money overseas; Demand Draft (DD) is a written order issued by Maybank on your behalf to pay a beneficiary.

Key info

  • Cheaper alternative to a Telegraphic Transfer
  • Range of major foreign currencies available, so you can send money virtually anywhere
  • Competitive foreign exchange rates

 

With a Demand Draft, you can easily send money to almost any part of the world. A cheaper alternative to Telegraphic Transfer, a demand draft is a written order issued by Maybank on your behalf to pay your beneficiary a specified sum of money.

Benefits

  • A more cost-effective way to send funds overseas
  • With our wide network of correspondent banks, you can send money to virtually any part of the world
  • We offer a range of major currencies, at competitive foreign exchange rates

Who can apply

You need to be a Maybank account holder to enjoy this service

Required documents

Your identification document (Singapore NRIC or Passport)

Fees and charges

Fees and charges are applicable. Contact us for more details.

To apply, just visit us at any of our 10 Branches in Singapore with your identification document.

If you are a Maybank account holder, you may log in to Maybank2u.com.sg to order a demand draft quickly and efficiently.

Next steps

Call Us

1800-MAYBANK (1800-629 2265) or (65) 6533 5229 (overseas)
Monday to Friday 
(exclude public holidays)
9.00am to 6.00pm

Locate your nearest Branch

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