MAS Electronic Payment System (MEPS)

The fastest way to transfer Singapore Dollar funds between banks in Singapore safely and efficiently as funds are remitted via Monetary Authority of Singapore's Electronic Payment System, or MEPS.

Key info

  • Singapore Dollar funds transfer between banks in Singapore
  • Same-day funds transfers


  • Fast – MEPS is the fastest way of transferring Singapore Dollar funds between banks in Singapore
  • Efficient – your recipient will receive the transferred funds on the same day

Who can apply

MEPS service is available to Maybank account holders.

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 Branches in Singapore with your identification document; you may choose to pay with cash or by debiting your Maybank Singapore account.