Online Funds Transfer

Cost-efficient and quick online funds transfers via ATM, Cash Deposit Machines or Maybank2u.com.sg; schedule the transactions at your own time

Key info

  • Immediate funds transfers between Maybank accounts (free)
  • Same day transfers to accounts with other banks
  • Daily maximum default limit of S$3,000
  • Option to raise daily default maximum to S$20,000

 

Perform your funds transfer with greater speed and ease with our suite of transfer options. With a daily transfer limit of up to S$3,000*, you'll enjoy more flexibility in cash management.

Conveniently access our funds transfer service via the following self-service channels

Benefits

  • Immediate funds transfer between Maybank Accounts; free of charge for transfers between Maybank Accounts
  • Transfer funds to other banks quickly and efficiently (receiving bank may impose a service fee on the crediting account)
    • Same day transfer via Maybank2u.com.sg (S$3 service fee)
    • Next day transfer via Maybank ATM and Maybank2u.com.sg (free)
       
      Within Maybank
       
      To Another Bank
       
      Own Account
      Third Party Account

      Today

      Next Business Day
      Two Business Days
      Time taken for funds to reach recipient
      Immediate
      Immediate
      Same Day
      One business
      day later
      Two business days later
      Fee
      FREE
      FREE
      S$3
      FREE
      FREE
      Limit
      Unlimited
      S$3,000*
      S$3,000**
      S$3,000**
      S$3,000*
  • Flexible and convenient, with different crediting dates to suit your lifestyle
  • Pre-set daily maximum limit of S$3,000 is sufficient to meet normal requirements
    • * The combined default limit for Funds Transfer (Two Business Days or Later) to payee accounts with another bank and within Maybank 3rd party accounts is set at S$3,000 per day
    • ** The limit for Funds Transfer (Today) and Funds Transfer (Next Business Day) is defaulted at $3,000 per day
  • Option to increase your daily maximum default limit to S$20,000 should the need arise
    • To increase your limit for * and ** up to a maximum of S$20,000, simply complete the Daily Transaction Limit Update Request form (PDF) and mail it back to us
    • For immediate update of your Daily Transaction Limit to a maximum of S$20,000, just login to Maybank2u.com.sg to make changes online via "Funds Transfer">"View/Amend Limit"

Fees and charges

  • Free – transfers between Maybank Accounts, and Funds Transfer (Two Business Days or Later) and Funds Transfer (Next Business Day) service to other banks
  • S$3 – for same-day transfer to other banks

Not yet a Maybank Account holder? Open an iSAVvy Savings Account with us and enjoy hassle-free funds transfers today. If you are already an account holder, simply apply for Maybank2u.com.sg to enjoy all the benefits of online banking.

Terms and conditions (PDF)

Questions? Our FAQ may help.