thanks!!.

Normally how much is the fees for RENTAS? I try google those banks website but can't find

CIMB charges RM 2 for RENTAS (Instant Transfer):

http://www.cimbclicks.com.my/service_fundtransfer.htm

Thank you. Found out OCBC also RM 2. Thanks

OCBC iQ provides free IBG transfers, how to open this account?

Hi Guys,
I'm a little confuse and wanna confirm with your guys here:

I plan to pay my OCBC credit card which either transfer from CIMB online or PBB online (both are normal saving account):
1) which bank will charge more cheaper? is CIMB?
2) RM1 per transfer or RM0.50?
3) what is the meaning RM0.50 charges for CIMB? In my this case, can I enjoy this lowest charges?
4) Is IBG same with Instant Transfer? What's the different?
5) How many days the transaction will be done if I transfer from CIMB to OCBC? 2 working days or instantly?

Thanks and appreciate who can help me here....

This post has been edited by sam240: Oct 27 2011, 02:10 PM

CIMB Bank's MEPS IBG is cheaper than Public Bank.


Depends on the type of your savings account. If your account is a basic savings account, then you will only be charged RM0.50 for the first two MEPS IBG done in a month and subsequent MEPS IBG in that same month will be charged RM1. For regular savings account, the fee is RM1/transfer. You can find out your savings account type by visiting any CIMB Bank branch or send them a secured message through your CIMBClicks.


Refer to the reply above.


The main difference is the fund availability in the receiving bank. For MEPS IBG, funds will be made available at the receiving bank by 12 midnight on the same banking day should you transfer the money out before the daily cut-off time which is between 11.30am - 12pm (varies by banks). If you do it after the cut-off time, funds will only be made available by 12 midnight on the next banking day.

As for instant transfer, the money will be transferred and credited immediately to the receiving bank account.


Transferring fund to OCBC from CIMB through Instant Transfer is not an option because OCBC is still not yet supported under Instant Transfer. Your only choice is using MEPS IBG. Please refer to my reply #2 regarding how many days it takes to transfer the money from CIMB to OCBC.

This post has been edited by MilesAndMore: Oct 28 2011, 10:44 AM

@MilesAndMore,
Thanks and appreciate for your details clarification.

Thank you for detailed explanation MilesAndMore. But until today still scared to IBG between my bank's accounts. Rather go to the deposit machine than using IBG because it takes time to transfer the money. maybe after this can consider RENTAS as it is instant.

Just found out that UOB's eAccount offers 2 X Free IBG per month.
http://www1.uob.com.my/personal/useful/fee...0/#passfuncoins

I checked Bank Islam website http://www.bankislam.com.my/en/Pages/Basic...nti.aspx?tabs=1

it seems that they also only charge RM 0.50 IBG unlimited. anyone can confirm this

________________________________________________

no one reply, I need to know which is cheapest to pay CC, since my schedule is busy to deposit cheque to all banks. before this 0.15+petrol now maybe 0.50 per bank

option:
-SCB, paying SCB CC will also free
-UOB eaccount above
-Bank Islam

This post has been edited by cenkudu: Nov 7 2011, 09:08 AM

hi guys,

lets say for interbank fund transfer over the counter, HSBC to Maybank.

at 2.30pm yesterday. But i hvnt see the funds in my maybank account.

When will the funds show? called Maybank, they say 1 working day, will it be around 2.30pm also?

Milesandmore,

Is the information you put on first page this tread lastest one? Why when I check Maybank website the IBG charge is RM2? Please see below.

Home > Accounts & Banking > Funds Transfers > GIRO Interbank Transfer
GIRO Interbank Transfer
Transfer funds via Maybank2u.com and Kawanku ATMs to savings/current accounts in other local banks/financial institutions
Daily transfer limit:
RM5,000

Service fee:
RM2

It depends on your account type. RM 2 is the general fee for most of the banks.

BSA offers 50 cents for first two IBG/GIRO inter-bank fund transfer every month.

For CIMB charges is RM4 cia Interbank GIRO? I try to transfer but it show changes for RM4 for each transaction

What is your account type?

Savings Account

As topic above ,my friend which use interbank transfer from Tuesday evening 4pm , but still till now I not yet receive the money , And he not use ATM or online interbank , is went to counter fill up form ... Lolzz , so when can I receive in this situation ... Any 1 know?

Up to 3 working days.

monday receive....

There are many types of savings account. Which type is yours ?