UOB eAccount. The transfer limit for the account is one of the highest. You can open the account without a debit card if you do not want to pay any annual fee.

When I enquired SCB end of last year, Just One account comes with a debit card that charge you RM8 a year. I was told by the SCB officer that cannot open Just One account without debit card Hence I just opened a Basic Savings account under SCB, minimum balance RM20. IBG and instant transfer is free. I didnt ask for the ATM card, so no annual charges.

This post has been edited by ytan053: Sep 27 2017, 04:25 PM

OCBC Bank has extended the free MEPS instant transfer through mobile banking to 31st Dec 2017.

But, how come my bro basic saving acc need to pay Instant fee? Only IBG is FOC.. his 1 is with passbook, no ATM card

Mine also passbook and no ATM card. I have been enjoying free IBG and IBFT. Refer attachment below




Attached thumbnail(s)

hi, just wanna ask. if i mistakenly key in the wrong number for IBG (GIRO) transfer, and the status showing is accepted, can i call to the bank and ask them to cancel it?

Zero Fee Campaign [ PBB | T&Cs (EN) | T&Cs (BM) ]
1 October 2017 - 31 December 2017

Enjoy ZERO COST Instant Transfer for Credit Card/-i and Loan/Financing Payment with Connect Internet Banking and App. [ HLB | T&Cs ]
01 OCTOBER 2017-31 DECEMBER 2017

Pay Your Loans & Credit Cards with ZERO Transaction Fee [ Maybank ]
Campaign Period: 1 October 2017 to 31 December 2017

Dear Valued Customers,

Good news! From 1 October to 31 December 2017, you can make Interbank GIRO (IBG) and Instant Transfer (IBFT) payments to your loan and credit card from different banks at ZERO transaction fees. This promotion is only applicable for transactions via Maybank2u web and the NEW Maybank app.

Services Involved
Interbank GIRO (IBG) transfer to Credit Card & Loan accounts. RM0.11 is waived.
Instant Transfer (IBFT) to Credit Card & Loan accounts. RM0.53 is waived.

Login to Maybank2u now to enjoy unlimited transfers at no transaction costs!

This post has been edited by cybpsych: Oct 3 2017, 02:24 PM

I just noticed my transfer to cc payment using M2U does not cost IBG fee
come here and saw this promotion

Cimb still charge money.... Geram...

For those who are still using OCBC internet banking website on their computers (not handphone), the fee of MEPS instant transfer is still RM 0.53, right?

CIMB Clicks IBFT Zero Fee Campaign 2017 [ CIMB | T&Cs ]

enjoy ZERO FEE Instant Transfer (IBFT) transactions** from 1 October 2017 to 31 December 2017.

Only applicable for credit card or loan payments.
Minimum transaction amount is RM50.
Other terms & conditions apply.

Just curious why suddenly so many banks offering zero for for IBG / IBFT? 🤔

I think it is BNM ruling for the bank to hit the targeted amount for the nations to use IBG & IBFT...

Same goes to Debit Card

Where got lots. Maybank and Cimb not introducing free IBG/IBFT also.
Even if free, until 31/12 only

CIMB yes, refer few post above you...

hurtedheart is asking why suddenly so many banks offering free IBG/ IBFT

Not real free IBFT also

Yes, those current offer by "not usual free IBFT bank" is mostly for credit card/ loan payment... not fund transfer..

Yes, be aware, the free IBFT is just for credit card payment and loan payment only. Not for other payment and

for CIMB, minimum must transfer RM50 or above in order to get waive of RM0.53 IBFT fee...
and the RM0.53 IBFT fee will only refund on next month .

Other bank i not sure is it same T&C or not.

very tricky if you din read the T&C clearly sure kena.

This post has been edited by dragonteoh: Oct 10 2017, 11:10 PM