What to do if I want to transfer 15k from public bank to other bank in malaysia?

If u want same day clearing, go branch request to do Telegraphic Transfer by RENTAS, charges may range between RM7 (RHB) to RM14 (HLB), I dunno bout PBB.

Some banks even got function in their internet banking to do immediate transfer...HLB charges RM1 per transfer but I'm not sure about the transaction limit.

If not urgent, Transfer by GIRO is cheaper, 1/2 to 1 working day clearing time.

Come to Puchong.
Withdraw RM15k cash and walk the destination bank in Puchong (we have all banks except KFH)

1 motor pass by with a parang-wielding guy and you're finished

Not a wise move at all!

RM 15k of RM 50 notes == 300 pcs!

This post has been edited by David83: May 28 2012, 07:21 PM

If exchange to RM100 notes, it's only 150 pcs... just 2 stacks.. which can fit in any pocket

Very hard to get RM 100 notes now. Bank usually issues you RM 50 notes instead.

hey guys. sorry need to ask.

I have an OCBC house loan 10 digit account no.

I want to transfer from maybank2u.

I have tried but the money was returned.

It stated on maybank that ocbc loan is 15 digit no.?

Can anyone help me on this?

Thank you.

This is what I found for SCB:

Over the counter
a. Visit any of Standard Chartered branches
b. Request to perform MEPS IBG
c. Fill in the application form
You can transfer up to RM 50,000 per transaction over the counter.

I wonder what is the DAILY limit instead?


This post has been edited by vgodmax: Jun 12 2012, 01:56 PM

I believe the MEPS limit has always been RM10,000 per day.

But the StanChart fees and charges table states that one can transfer up to only RM9,999.99 per transaction OTC. Anything more than that you'll have to perform it multiple times, giving StanChart a chance to charge you the IBG fees several times But luckily their IBG fee is only RM0.50/transfer which is some of the lowest in Malaysia. So it's ok-lah i guess


The daily MEPS IBG limit for HSBC internet banking is RM40,000/day. All banks seem to have a different policy.

Anyway, the daily MEPS IBG limit set my MEPS itself is RM100k/day actually, if my memory serves me correctly. I remembered reading this somewhere a while ago.

This post has been edited by MilesAndMore: Jun 12 2012, 03:10 PM

MEPS Interbank Giro (IBG)

Transfer funds and make payments to Standard Chartered or other bank accounts at literally every corner!

Always wanted the option to transfer funds from your Standard Chartered Savings or Current Accounts to other bank accounts? Or pay your Standard Chartered Credit Card bills and mortgage instalments from your accounts in other banks? Now you can, through any of the following convenient channels with MEPS Interbank Giro (IBG):

Over the counter
a. Visit any of Standard Chartered branches
b. Request to perform MEPS IBG
c. Fill in the application form
You can transfer up to RM 50,000 per transaction over the counter.

Call Phone Banking at 03-7711 8888
a. Select preferred language
b. Press '1' for Account Enquiries and Transactions
c. Enter Phone Banking ID and TIN
d. Press '1' for Current, Savings and Time Deposit Accounts
e. Press '3' for Funds Transfer service
f. Press '3' to perform Inter Bank Funds Transfer
You can transfer up to RM 6,000 per account in a day.

Fund Transfers
a. Customer Input PIN
b. Select 'Others'
c. Select 'IBG'
d. Select either Fund Transfer , Loan Repayment , Card Repayment
e. Select either to debit from Savings or Current Account
f. Select Payment Bank
g. Input account number to be credited
h. Input Amount
i. Once Accepted. Print Receipt
You can transfer up to RM 6,000 per account in a day.


Note:
1. Beneficiary must be registered over the branch
2. Each IBG transaction will cost RM 0.50 for Basic Savings and Current Account, all other type of Savings and Current Account will cost RM 2.00

Source: http://www.standardchartered.com.my/person...nking-lobby/en/

Instead of copying the whole page and posted it here, you may want to refer to their most up to date fees and charges file. Then you will realize that many of the informations listed on their general page are obsolete and each IBG only cost RM0.50 regardless of the account type.

I used Maybank2u to transfer my MBB saving account to OCBC, but the charges is RM2 per transaction (one transaction only per month) instead of RM 0.50 per transaction.
Any tips for this?

This post has been edited by Denis: Jun 20 2012, 03:01 PM

You need to use Maybank Basic Savings Account (not Kawanku Savings Account) to perform the IBG to get 50 sen charge for 1st two IBG transacations

Thank.



From the above, for MBB Basic Saving Account, option 2 is more favourable since I don't have to pay RM8 annual fee.
Do I miss somethings? Any other hidden cost?

BTW, is it possible to transfer MBB Kawanku saving account to MBB Basic Saving Account via Maybank2u?
Any charges involve in the transfer?

This post has been edited by Denis: Jun 21 2012, 09:31 AM

You cannot transfer MBB Kawanku Savings account to Maybank Basic Savings Account.
You need to open a brand new account with NEW ATM card + New Maybank2u logon

can I use HL card on other bank cash deposit machine?

example. at PBB branch, atm withdraw then use HL card on PBB cash depot machine to deposit inside HL account.

is it immediate transfer?
thanks.

This post has been edited by kuokyeow: Jun 24 2012, 09:58 AM

Of course you can't.

Are bill payments using CIMB Clicks and M2U considered as IBG and will be charged? Direct from CASA, not using credit card. Thanks.