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 Instant Transfer (DuitNow) & Interbank Giro (IBG)

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Ramjade
post Dec 9 2016, 09:49 PM

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QUOTE(wil-i-am @ Dec 9 2016, 09:45 PM)
How to apply for d token n is it FOC?
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Token cost RM53 (one time charge)
https://www.pbebank.com/Personal-Banking/FA...SecureSign.aspx
Ramjade
post Dec 9 2016, 09:54 PM

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QUOTE(wil-i-am @ Dec 9 2016, 09:51 PM)
Does individual user need to pay mthly support n maintenance fees?
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I think that's only for companies.
Ramjade
post Jan 2 2017, 02:23 PM

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QUOTE(contestchris @ Jan 2 2017, 02:16 PM)
Why exists both of these? What purpose does IBG still serve? Why can't cancel it and make all IBFT, with a lower cost? Seems redundant unless I am missing something.
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IBG = RM0.11 = slow
IBFT - RM0.53 = instant

Both are from different companies.
Ramjade
post Jan 27 2017, 03:40 PM

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QUOTE(drbone @ Jan 27 2017, 01:21 PM)
Any thread on opening accounts in Singapore or Australia ?
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There's already a thread on opening account in Singapore
https://forum.lowyat.net/topic/1440794
Ramjade
post Feb 2 2017, 07:14 PM

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How long have UOB free IBG/IBFT have been going on (no of years)?
Ramjade
post Feb 10 2017, 09:45 PM

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QUOTE(applesmiley @ Feb 10 2017, 09:43 PM)
shocking.gif Really? This used to be my main account last time but nowadays I have other accounts with free unlimited IBFT & IBG.
Will make sure I do not use their IBFT then. What about IBG?
Free ATM withdrawals still 2 times?
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Care to share which bank give you free unlimited IBFT?
Ramjade
post Feb 11 2017, 01:47 PM

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QUOTE(Kanan Jarrus @ Feb 11 2017, 01:30 PM)
guys, ....

i've got a question: wanna know the exact difference between instant transfer vs IBG transfer since i just only learn how to do onlline transaction just a few days ago...

1)in my case, for eg: i already done instant transfer from lets say, Public Bank to BSN via onine, but after i check the bsn account, the amount i got isn't exactly the total amount that i already transfer,..

for example, i transfer RM120 from PBB to BSN via online(instant transfer), but i only get RM110 banked into the BSN account, which is a 10 ringgit deduction , why so... unsure.gif unsure.gif

is it something have to do with these? hmm.gif
user posted image

2)& also, i try again using IBG transfer via online, but this time, i got the exact amount into the bsn account even though i have to wait for quite some time, so, in a nutshell, IBG transfers via online will have less charges, but the slight disadvantage of IBG is that it is not as instant as instant transfer, am it right?
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1. No such thing. IBFT means instant transfer. Cost only RM0.53 unless you are transfering via counter then maybe charges are higher. You better email/call up the bank you are transferring from (in this case Public Bank)

2. That's true. IBG is not instant, does not work on weekends, public holiday.
Ramjade
post Feb 11 2017, 02:20 PM

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QUOTE(Kanan Jarrus @ Feb 11 2017, 02:04 PM)
in that case, which is more viable/convenient? bcos personally for me i will only do online transaction/fund transfers only once in a blue moon, so IBG also okay right?? unsure.gif
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If you timed it correctly, IBG is just fine as the money can enter the account the same day. Check out the schedule.
https://www.cimbclicks.com.my/transfer-funds.html


Ramjade
post Mar 1 2017, 10:06 AM

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QUOTE(LNYC @ Mar 1 2017, 09:52 AM)
Hi, yup.. Ambank online platform is not stable. I have experienced late ibft. Even ibg failed and only notified after days.

Pls feedback to your colleagues.. Lol.
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When I was using Ambank Truesaver, there was no problem with the IBGs.
Ramjade
post Mar 5 2017, 12:21 PM

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QUOTE(user123456 @ Mar 5 2017, 11:06 AM)
sifus, I have a question how do all of you make big amount interbank transfer? eg. more than RM50k
1. Real-time Electronic Transfer of Funds and Securities System (RENTAS)?
2. Can be done online or Over the counter (OTC)?
3. RM5.30 per transaction?
4. min RM10k?
5. Can be performed at all banks?
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1. Yes use rentas or banker's cheque.
2. No online option.
3. Should be. If you have priority banking, it's cheaper tham rm0.53
4. Don't know. If RM10k, just use IBG/IBFT la.
5. Not all banks support rentas. But all banks let you move large amount via counter
Ramjade
post Mar 5 2017, 01:54 PM

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QUOTE(user123456 @ Mar 5 2017, 01:52 PM)
1. I suppose RENTAS is real time transfer?
2. How many days for banker's cheque to clear?
3. But all banks let you move large amount via counter? How?
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1. Rentas is instant over the counter transfer.
2. 2 days like that? But usually banks allow it to be used instantly for FDs.
3. Just tell them you want to transfer xxx to bank X.

Ramjade
post Apr 27 2017, 10:44 AM

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QUOTE(alesi616 @ Apr 27 2017, 10:31 AM)
Hi all,

Last Sunday I perform IBFT from CIMB to Maybank, and on the same day I withdraw the money from Maybank (using Maybank debit card).

Is that rm0.53 charges is charge on both banks ?

Oh I just notice that money withdrawal is the 5th time in this month, not sure Maybank charging rm0.53 (per withdrawal) for 5th time withdrawal onwards ?

Last time I read elsewhere, Maybank debit card give 4 times FOC atm withhdrawal. Is now still same ?
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Rm0.53 is charged by the sending bank.

If you are a paying maybank customer, you get free unlimited atm withdrawal. If you are a free basic savings account holder, you can withdrawal max 8x/month.
Ramjade
post Apr 27 2017, 11:05 AM

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QUOTE(alesi616 @ Apr 27 2017, 11:03 AM)
I guess I am basic savings account customer, coz I don't get charged rm8 annual for the debit card.

Saw this in Maybank2U website.
Fifth withdrawal and above in a month RM0.50 per withdrawal (charge will be debited directly from account at the end of each transaction)
*Fee waived if you have a balance of above RM5,000 at time of withdrawal (optional) or single transaction of maximum withdrawal of RM1,500 and above
*Unlimited withdrawal at any Maybank ATM : RM8 per annum
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See this
http://www.maybank2u.com.my/mbb_info/m2u/p...al/ACC-Accounts
Ramjade
post May 26 2017, 12:31 PM

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QUOTE(erin842001 @ May 26 2017, 12:09 PM)
afternoon,
may i know, how long does it take to transfer money to another bank account?

thank you.
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See this https://www.cimbclicks.com.my/transfer-funds.html
All banks in amlaysia follow this timing.
Ramjade
post Jun 5 2017, 11:08 AM

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QUOTE(dudan @ Jun 5 2017, 10:36 AM)
1st time heard of this Rentas. before this transfer online with max of 30k (maybank this time). then next amount following days... tongue.gif
how to register with this Rentas? all banks have it?
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Go to counter. Rentas you want to transfer RM1m also can. No need RM30k.
Ramjade
post Jun 8 2017, 10:39 AM

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QUOTE(cklimm @ Jun 8 2017, 10:31 AM)
People, if there is 200k influx of money from multiple banks, into a savings account within a day, will the said account be blocked?
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Don't think so. I think bank will call you up to rnquire why so much money coming in and from where.
Ramjade
post Jun 8 2017, 11:01 AM

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QUOTE(cklimm @ Jun 8 2017, 10:58 AM)
glad that they will ask before block
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Hey I don't know. Better contact your RM. Don't have that much money tongue.gif
Ramjade
post Aug 31 2017, 01:05 PM

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QUOTE(bbgoat @ Aug 31 2017, 09:00 AM)
OTC Rentas fee in MBB increased from RM5 to RM9 !  mad.gif Encountered this early this month ! With GST RM9.54.

Not sure if other banks also the same. Before Aug, I know few banks fee for OTC Rentas was RM5.30.
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Unker, what's RM9+ for PB customer tongue.gif

QUOTE(moonsatelite @ Aug 31 2017, 01:03 PM)
what's the benefit of RENTAS?
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Instant transfer via bank counter
Ramjade
post Aug 31 2017, 01:13 PM

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QUOTE(moonsatelite @ Aug 31 2017, 01:08 PM)
Only RM 5 as stated on the website.
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Website usually are slow to update/don't update at all.
Ramjade
post Aug 31 2017, 01:55 PM

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QUOTE(yygo @ Aug 31 2017, 01:45 PM)
brows.gif wat happen if your food increased from rm5 to rm9. jus like tat?

kiddo rich la. seakarang sudah kerja. lagi ada banyag wang!  devil.gif
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PB customer should not be worried about small increase. Ikan bilis customer should be the one worried. If such small increase is big issue for PB customer, anggap give free money to bank loh. If can afford PB, what's extra RM4. Don't like bank, pindah bank lo. Siapa suruh setia to one bank whistling.gif

Food expensive, pindah shop la.

This post has been edited by Ramjade: Aug 31 2017, 01:57 PM

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