this could be a 1yr waiver period from BMM's initiative.

my guess is bnm's only min guideline. it didnt mention whether perpetually-waived or with certain conditions (not published yet) or time-limited.

each bank could give better services or just meeting min requirements. even cimb didnt set the transfer limit and so does hlb's. <-- wouldn't this better than BNM's?

i noticed hlb's "end waiver period" is 30 june 2019, which is (coincidentally) 1yr from bnm's supposed free transfer effective from 1 july 2018. who knows, probably they gonna extend it again and again, or even revise the T&C anytime.

am sure nearing 1 july, more and more banks will start publishing all their respective free transfer T&C.

the bigger bank with later user base like mbb or pbb havent announced anything yet. still wanna milk more transfer fee from us


hlconnect's only app, and suppsedly ending by 30 June.

with this new waiver "promo", it has superseded the previous promo since the new features covers both app and web.

actually they can publish it on 1 July onwards, but i guess they just took the "why not" opportunity to offer it earlier. it make sense from marketing's pov

IBG & Instant Transfer Service Fee Waiver

Dear Valued Customers,

With effect from 13 June 2018, enjoy service fee waiver for Interbank GIRO (IBG) and Instant Transfer (IBFT) transactions performed via PBe, PB engage, and PB enterprise.

The service fee waiver is applicable for both retail and corporate customers.

- 19 June 2018

This post has been edited by cybpsych: Jun 19 2018, 07:39 PM

MAYBANK: Instant Transfer (IBFT) Service Fee Waiver

Dear Valued Customers,

Effective July 1st, enjoy service fee waiver of RM0.50 for Instant Transfer (IBFT) for transaction up to RM5,000 via Maybank2u and ATM.



darn stingy maybank

This post has been edited by cybpsych: Jun 20 2018, 04:19 PM

visit maybank website

nonsense.

i already Instant Transfer from mbb, ZERO fee. all below RM5k per transaction. made few transactions.



This post has been edited by cybpsych: Jul 1 2018, 10:28 AM

make actual transfer to verify.

that could be just an outdated label.

else, use classic m2u or wait for Maybank to fix.

so far major banks yes.

but each bank has different implementation. maybank only waive Instant Transfer for up to RM5k per transaction.

the new M2U, really charged or you only test the screen/page? if charged, complaint to Maybank to get refund of the fee!

for classic M2U, no issue. for new M2U App, no issue. i tried both this morning.

can do multiple transactions below rm5k

check announcement posted in bsn website or internet banking portal?

need to confirm? official notice by Maybank quoted above. or u can check maybank website.

if need to transfer >RM5k, do multiple transfers.

simple: continue make money.

mbb just meeting basic requirements as per BNM's. so, mbb is not wrong. just their business decision is to keep charging IBG.

other banks are simply giving BETTER better value to customers.

fee imposed per transaction, as long as 5k and below.

This post has been edited by cybpsych: Jul 15 2018, 11:35 AM

good news!


Instant Transfer (IBFT) Service Fee Waiver
30 JULY 2018

Dear Valued Customers,

Effective 1st August 2018, no more service fee for any Instant Transfer via Maybank2u Web and Maybank App.

aiyor, currently maybank still charge for IBG @ any amount and IBFT @ >RM5000.

IBFT @ RM5k and below is FOC.

with this new announcement, effective 1 Aug, IBFT @ any amount would be FOC.

instead of posting 1-liner, why not write more to describe your reasoning or questions pertaining to ibft from cimb to mbb?

why or how did you come to that statement?

Interbank GIRO (IBG) and Instant Transfer (IBFT) Service Fee Waiver [ MBB ]
7 SEPTEMBER 2018

Dear Valued Customers,

Interbank Giro (IBG) service fee of RM0.10 will be waived on 8th Sept 2018 onwards (excluding ATM).

Effective 1st August 2018, no more service fee for any Instant Transfer via Maybank2u and Maybank App (excluding ATM).

Login to Maybank2u now to enjoy unlimited transfers daily.

This post has been edited by cybpsych: Sep 14 2018, 09:21 AM

What is DuitNow

DuitNow is a new service that enables you to transfer funds to your recipient’s DuitNow ID instead of their account number. You can register and transfer using DuitNow via Maybank2u.

Following IDs can be used for DuitNow registration:

1) Mobile Number
2) NRIC
3) Army or Police Number
4) Passport Number
5) Business Registration Number

No service fee up to RM 5,000. For transaction above RM 5,000, a RM0.50 fee may be applicable.



DuitNow ID Pre-registration

DuitNow pre-registration applies to selected customers. For those who are selected, you will be notified via Maybank2u website Inbox and Maybank app push notification.

You may choose to opt out from 8 Oct 2018 to 21 Oct 2018. Click here to opt out.



More Info

Click here for DuitNow FAQ

Click here for Pre-Registration Terms and Conditions

Click here for DuitNow (you will be re-directed to a page hosted by PayNet)