CIMB's Instant Interbank Funds Transfer (IBFT) Fee: RM2.00 @ Internet Banking/Mobile Banking, and RM0.53 @ ATM

CIMB's Interbank GIRO (IBG) Fee: RM0.11 @ Internet Banking/Mobile Banking/ATM, and RM2.12 @ Over-the-Counter (OTC)

http://www.cimbbank.com.my/en/personal/sup...s-for-e-payment

Increase from RM 0.53 -> RM2.00?
Applies for Maybank also or just cimb? (cause usually all banks Internet IBG/IBFT rates are the same)

for the price of RM2.00 many will switch to other bank soon

This is unbelievable. I thought MEPS already set the ceiling price at RM0.53 for IBFT last year. That was when all the banks reduced the fee to RM0.53. Is CIMB allowed to charge more than the ceiling price?

Just checked my CimbClicks. The fees shown inside for online IBFT is still RM0.53. I wonder if there is a mistake in the website.

This post has been edited by Nom-el: Apr 20 2016, 11:52 AM

Hi.. I just want to double confirm..

The RHB IBG there, the term of loan payment means housing loan also included, right?

I want to pay my housing loan interest using RHB IBG to BSN..

Thank you..

Most of the IBFT have been reduced since last year right? Pretty good as none I used reached RM1 from there onwards.

Cimb increase it to Rm2/transaction.

Refrain from quoting my statement. I'm asking others.

yup. mostly charge 53c only

When it charge 0.53, I was quite happy than RM1 or RM2 which is imposed last time.

I think already 1year leh

I started buying PC games since 2013 so I noticed the reduced fee when transfer as in bank-in transaction around 2015. What you say is definitely right!

This post has been edited by sniperz: Apr 23 2016, 12:13 AM

In maybank2u online's IBG favourite account, the recipient name refer to the NRIC name or can it be a nick name?

I have multiple favorite account setup, most of it is my personal account, and I found hard to identify the account based on bank name and account number every time I do IBG.

In RHB, the name is a nickname while in ambank & hongleong connect it has seperate recipient name and nickname.

It is acceptable, as IBG transactions doesn't have the recipients name verified. I transferred money to myself while typing Batman as the name and the transaction went through.

Thanks for confirming.

You can use IC no as verification.

MEPS plans to introduce ‘pool ATM’ services next year

http://www.thestar.com.my/business/busines...-atm-next-year/

Looking forward to the new services

wonder which bank gonna join the ‘pool ATM’ services thingy

Something like ATM5 or the OCBC/UOB Bank ATM arrangement in Singapore. Or like JETCO in Hong Kong. Definitely a welcome change

We probably can expect Maybank won't be joining this "pool ATM" service, just like the case of DBS Bank in Singapore as Maybank has the most ATM in Malaysia already.