Telegraphic Transfer

A fast and cost-effective way to send money overseas, telegraphic transfer (TT) uses an 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 forex rates when you remit funds overseas via Maybank Online Banking using your Maybank Singapore Dollar Savings or Current account.

Key info

  • Enjoy the convenience of performing Telegraphic Transfer from your Maybank Foreign Currency Account New!
  • Range of major foreign currencies available, so you can send money virtually anywhere
  • Competitive foreign exchange rates

Benefits

  • Choose to perform Telegraphic Transfer from your Singapore Dollar Accounts or Foreign Currency Current Accounts New!
  • 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
  • Enjoy greater security protection when adding new payee with SMS Transaction Signing Code.

Login to www.maybank2u.com.sg to view the preferential forex 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

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 account.

If you are a Maybank Account holder, you may log in to Maybank Online Banking (www.maybank2u.com.sg) to perform a telegraphic transfer quickly and efficiently.