Telegraphic Transfer
Fast and cost-effective way to send money overseas; TT uses authenticated message sent electronically to another Maybank Branch or a correspondent bank, instructing it to pay your beneficiary a specified sum of money.
Enjoy preferential FX rates when you remit funds overseas via Maybank2u.com.sg (Online Banking)!
Key info
- Range of major foreign currencies available, so you can send money virtually anywhere
- Competitive foreign exchange rates
Telegraphic Transfer uses authenticated message sent electronically to another Maybank Branch or a correspondent bank, instructing it to pay your beneficiary a specified sum of money. With our competitive foreign exchange rates, it is a fast and cost-efficient way to send money overseas.
Benefits
- Short turnaround time of a few business days upon application (depending on currency, destination and banks involved)
- Efficient – foreign beneficiary's account is credited directly
- 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
Login to www.maybank2u.com.sg to view the preferential FX rates.
Who can apply
You do not need to be a Maybank Account holder to enjoy this service
Required documents
For transactions involving cash, just produce your identification document (Singapore NRIC or Passport)
Fees and charges
Click here for a list of applicable fees and charges
To apply, visit us at any of our 22 Branches in Singapore with your identification document; you may choose to pay with cash or by debiting your Maybank account.
If you are a Maybank Account holder, you may login to Maybank2u.com.sg to perform a telegraphic transfer quickly and efficiently.
Important Notices
SaveUp Account for Loan Customer
Loans
Member-Get-Member Promotion: Recommend Maybank loans and be rewarded with vouchers of up to S$250
