Yes

For HSBC, the cut-off time is 11.30am.

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

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.

Of course you can't.

For bill payment via PBB Online, it is free. However, credit card is not considered as bill payment. It has to be done through IBG unless the credit card you are paying to is Public Bank's own credit card.

It is true that you can't link your BSA or BCA into your current M2U account.

And by the way, why not just get the ATM debit card ? It is free anyway Do insist that you want to be on option 2 though

Haha... Probably because you already have two account with them ? I personally have two account with CIMB too. One is an Air Asia Savers Account and th other one is a BSA. When i opened the BSA, i was asked why do i want to open another account since i already have a savings account with them. I just told them people are gonna transfer money to me and i don't want to give them my primary account number which is my CIMB Air Asia Savers account. They said oh... ok and proceed to open me the BSA

Very very sure. Even PBB offers this type of account which is called Basic Saving Account.

Then you can go back to the PBB branch you just opened your BSA at and tell the customer service rep that he/she is wrong because Mr. CHASE from forum lowyat insists that your ATM/debit card doesn't come with any annual fee. Do note that you only get 8x free ATM cash withdrawals a month and 6x over the counter transaction a month. Multiple over the counter transactions on the same day is considered as 1x visit only.

All HSBC and HSBC Amanah accounts entitle for unlimited free online IBG throughout the year.

Please refer to THIS PDF file, page 28. It is not a promotion but a permanent feature of Advance/Advance-I & Premier/Premier-I account. But of course, there is always a chance that HSBC may start to charge the IBG fee again. FYI, HSBC has been waiving this IBG fee for Advance/Advance-I & Premier/Premier-I account since year 2010.

You mean to do a local IBG when someone is overseas is it ? Yes. It is possible. Just make sure your cell phone can receive SMS. For banks that use a separate security device such as HSBC, you just need to bring that with you when going overseas


Money will be credited into your account in the next working day evening. So, it means that you will get your money by today's evening.

He definitely already received the money yesterday evening. IBG done before the daily working day cut-off time will be made available by 6pm on the very same day.


You will have to choose other bank. After that, a few banks name will appear on the next screen, if the bank you intend to transfer the money is not there, click next and next until you see it.

- money will be credited right away. Yes. Like instantly.
- maximum transfer limit of RM5k/day
- RM1 only per successful transfer.

Last time i checked, Hong Leong Bank is there. So yes. You can (assuming nothing has changed). IBG Giro done via ATM will be charged RM1 and shall be credited into the other bank's account right away.


Many other banks provide this IBG Giro through their ATM too. The one that has been heavily advertising this is AmBank, afaik.


All the banks do... provided>
- it is a banking day
- and transfer is made before the bank's daily cut-off time. Cut-off time usually is either at 11.30am, 12pm or 12.30pm.

Another alternative is through ATM, limited amount of banks are supported though.

Usually banks are the at wrong here (when something like this happens). Usually it is the sender that is fishy. Just saying

Anyway, when did the sender send the money to you ?

In this case, it is very likely that one of the information entered into the system by the sender did not tally with your account details. That is why the money was later refunded into the sender's account.

RM40,000/day for HSBC (default is RM5,000/day) and RM5,000/day for most other banks. Several banks have recently revised this daily limit from RM5,000/day to RM10,000/day.

Most banks set the maximum limit to RM5,000/day. You can try to change this by calling your bank, go to a nearby Mualamat Bank branch or see if you can change this limit yourself in the online banking portal.

I have bought a banker's cheque from CIMB Bank before and the charge was indeed RM2.15 (RM0.15 is for stamp duty). And yes, it is one flat rate for any amount and cheaper compared to MBB.