Shares Payment

Maybank offers you 3 share payment modes to meet your different needs. Find out more about each option before selecting one that best suits your needs.

 

Features
Multi-currency e-Pay (MCEP)
(For Maybank Kim Eng customers only)
Key Info
  • Make your share payments directly from within KE Trade Portal
  • Pay for shares and credit the proceeds in SGD, USD or HKD directly to and from your Maybank account of the same currency
  • No telegraphic transfer cost or forex loss for your trades denominated in USD and HKD
  • EPS facilitates share payment in Singapore dollars to your stockbroker via Maybank Online Banking
  • Allows your SGD share proceeds to be credited directly into your bank account
  • For Maybank Savings/Current Account holders
  • Gives you control over how and when to pay for your shares
Share Settlement Currency

SGD, USD and HKD

SGD

SGD

Crediting of Share Proceeds

Sales proceed is credited directly into your nominated Maybank accounts

Sales proceed is credited directly into your nominated Maybank accounts

Not available

Payment limit

None

None

Yes

Brokerage firms supported

Exclusively for
Maybank Kim Eng only

All SGX registered brokers

  • CIMB Securities
  • KGI Fraser Securities
  • Lim & Tan Securities
  • Maybank Kim Eng
  • Phillip Securities
Secondary Maybank account(s) as backup source of fund

Yes

No

No

Prior setup required

Yes

Yes

No

To complete your trading experience, Maybank now provides you the option to receive dividend payment/cash distribution directly into your Maybank account via the Direct Crediting Service (DCS).

Click here to sign up or update your DCS account details.

Next steps

Sign up for Internet Banking

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Get in touch

Contact us for more information

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