Real-time overseas funds transfer
It’s now faster, easier and cheaper for you to transfer money. With Maybank Overseas Transfer via Maybank2u web and the MAE app you can instantly transfer money to a beneficiary within any banks in Singapore including Maybank Singapore Limited (MSL) and Malayan Banking Berhad, Singapore Branch (MBS).
*Download or update to the latest MAE app (Version 9.4) to access this feature.
Enjoy these benefits
- Lower Rates when you send a minimum of RM10,000.
- Real-time Transfer so your beneficiary will receive the funds instantly.*
- Low Service Fee at RM10 per transaction. No agent bank fee charges if transaction is made to Maybank Singapore Limited (MSL) and Malayan Banking Berhad, Singapore Branch (MBS) or S$2.20 if transaction is made to any other banks in Singapore.**
- Transfer Full Amount with no deduction from what your beneficiary receives.
*If transaction is made to banks other than to Maybank Singapore Limited (MSL) and Malayan Banking Berhad, Singapore Branch (MBS) after 4pm, transaction will be sent the next Singapore working day.
**Agent bank fee is a fee charged by the receiving agent/bank to receive a transfer.
How to make an overseas transfer?
via Maybank2u Web -Open Transfer:
Step 1:
- Log in toMaybank2uvia web
- Select“Pay & Transfer”
Step 2:
- Click“Transfer To”
- Select “Overseas (FTT, Western Union. Visa Direct, Maybank Overseas Transfer)"
Step 3:
- Select“Singapore”
- Key in amount inSGD
Step 4:
Select "Maybank Overseas Transfer"
Step 5:
- Fill out additional info
- Agree to all the terms
- Click“Confirm”
via Maybank2u Web – Favourite Transfer:
Step 1:
- Log in to Maybank2u via web
- Select “Pay & Transfer”
Step 2:
- Click “Transfer To”
- Select “Overseas (FTT, Western Union, Visa Direct, Maybank Overseas Transfer)” under “Transfer to”
- Select a favourite account to transfer to under “My Favourite”
Step 3:
- Key in the amount to transfer
Step 4:
Click “Calculate” to view the amount in RM or vice versa
Step 5:
- Fill out additional info
- Agree to all the terms
- Click“Transfer”
Via the MAE app: For Open Transfer Journey
Via the MAE app: For Favourite Transfer Journey
What is the daily transfer limit?
You can transfer up to RM49,999 per day, combined with your Foreign Telegraphic Transfer (FTT) limit.
Please take note of these details
- You can only transfer money in SGD.
- You can only select current and savings accounts (CASA) as your source of funds*.
- This service is not valid for Master Foreign Currency Account (MFCA).
- This service is available on Maybank2u web and the MAE app only.
- This service is available from 10am-6pm on weekdays (excluding public holidays and Federal Territory State holidays).
- *Download or update to the latest MAE app (Version 9.4) to access this feature.
*Maybank is a member of PIDM. Protection by PIDM is subject to insurability criteria. Please refer to the list of insured deposits displayed atwww.maybank2u.com.myfor further details.
More info
Click hereforFAQ
Click herefor Terms & Conditions in English
Click herefor Terms & Conditions in BM
Transfer money overseas & win prizes today!
Whether you're sending money overseas to your loved ones or business partner, great prizes await you! Stand a chance to win a 55” Smart TV or 65” Huawei IdeaHub Smart Office Display and up to RM200 cash prizes whenever you make an overseas funds transfer.
Campaign Period: 1 July 2022 – 31 January 2023
