QUOTE(MilesAndMore @ Aug 31 2017, 02:04 PM)
Did Malaysians see a sudden increase of 80% of their salary too ?
The bank is the one determining the maximum amount you can transfer through OTC IBG. For instance, RHB Bank imposes a maximum limit of RM100k per OTC IBG request. If you want to transfer more than RM100k through OTC IBG, then you will have to do multiple IBG. However for Public Bank, there isn't a maximum limit imposed for OTC IBG. Previously I was told it was RM1 million maximum but my last visit to Public Bank I was told there isn't a maximum limit anymore. As for Maybank, I do not know if there was a maximum limit imposed for OTC IBG. But an acquaintance of mine was able to do an OTC IBG at Maybank for more than RM200k. However as the amount was over RM200k she had fill a form to satisfy BNM's request on exchange control.
Yes, there is a limit to OTC ibg. Beyond that limit, bank will ask u to do RENTAS.
Doing RENTAS also (as u know it) to ensure the arrival of fund, presumably faster than OTC ibg. But I heard still have to be done before 12.30pm.
QUOTE(yygo @ Aug 31 2017, 02:22 PM)
wat la, did not hear that rich pipu are stingy. if evi one same thinking like tat, bank can simply increase fees liao.
nothing to do with pb customer.
you need to have brain cleansed.
QUOTE(MilesAndMore @ Aug 31 2017, 02:32 PM)
Are the banks in Malaysia not reporting profit ? Is there a profit warning at Maybank recently ? A sudden increase of RENTAS fee of 80% is unreasonable. With more and more things shifted to online and electronically, the cost is actually going down. It is even more unreasonable when you see the cost of online IBG has gone down from RM2/transfer to only RM0.10/transfer before GST in recent years. Not only online IBG has become cheaper over the years, they have also cut down on the time to process each transfer too. It says a lot about the real cost of money wire in Malaysia.
We have to view the increase as unreasonable.
QUOTE(sandkoh @ Aug 31 2017, 02:40 PM)
maybank 80% rentas increase should be the one we are concerned. not because you are pb customer, what is rm4.
not to link to move bank, why stick to one bank, move shop if price high. what a joke!
It is likely that the RM9.54 will be charged by other banks as well. Hahaha, someone really has shallow/immature thinking.
This post has been edited by bbgoat: Aug 31 2017, 02:49 PM 
May 7 2014, 10:29 AM
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Encountered this early this month ! With GST RM9.54.
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