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 Instant Transfer (DuitNow) & Interbank Giro (IBG)

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SUSintrepidity85
post Dec 31 2015, 09:11 AM

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instant trnsfer no more free starting tomorrow?
SUSintrepidity85
post Dec 31 2015, 04:58 PM

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which bank offer instant transfer for free?
SUSintrepidity85
post Dec 31 2015, 10:10 PM

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QUOTE(kit2 @ Dec 31 2015, 10:09 PM)
no fee. check uob website.

for me it's useful for shipping out funds from matured fd's smile.gif
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thanks for the good info
SUSintrepidity85
post Jan 1 2016, 09:04 AM

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QUOTE(shuangping @ Dec 31 2015, 10:30 PM)
You're wrong.

Still got bank call SCB free ibft  rclxm9.gif
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going apply this monday thanks!
SUSintrepidity85
post Jan 1 2016, 05:20 PM

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QUOTE(safilo @ Jan 1 2016, 04:45 PM)
I do have an ATM and just try out and cannot do IBFT using OCBC online banking.
Have call up their customer service. Confirm IBFT is temporarily not available.
Hopefully the service is back (and with higher daily limit)
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ambank the worst. no instant transfer gonna close up all their accounts i have with them
SUSintrepidity85
post Jan 1 2016, 06:13 PM

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QUOTE(Ramjade @ Jan 1 2016, 06:01 PM)
Well no difference actually as when you open a truesavers account, one is automatically given a truetransect account too. One just need to move from TS - > TT -> IBG.
You are going to close account just because they don't have IBFT? Let me tell you, their truesavers give 2.8% without complicated terms and conditions. No need for min amount inside.

No IBFT? No problem. Just wake up and transfer your money before 5 am and money will enter recipient account by 1100am. Free IBG with truetransect some more.
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before 5 am? that's too early for me.

one of the forumer here mentioned scb FOC for instant transfer, i guess that's good to go

i did many instant transfer for a month thats prolly the best choice scb
SUSintrepidity85
post Jan 2 2016, 02:48 PM

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back to 2015 oct - dec ... the instant transfer is free... everyone know about this

but today when i check my maybank statement... the giro is not free... i mean normal transfer they charge for 0.11 cent per transaction ..

anyone can clarify about this?
SUSintrepidity85
post Jan 2 2016, 02:53 PM

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QUOTE(Ramjade @ Jan 2 2016, 02:52 PM)
The Giro/IBG have never been free only the instant transfer is free for 3 months. Previously the instant transfer/IBFT was given free as a promo. Now is no longer free. It's RM0.53 as how it always been before the promo.
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yeah i know from oct-dec 2015 instant transfer is free all the way

but somehow, i mistakenly press for giro/IBG and they charge me 0.11 cents per transaction from oct-dec 2015.. blame my stupid finger.. so it's normal, right?
SUSintrepidity85
post Jan 7 2016, 04:55 PM

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QUOTE(gilabola @ Jan 7 2016, 12:30 AM)
Normally payment for credit card appears only the next day because the banks seems to update our card statement only once a day. It is not really a problem, because the transaction date is still today although the posting date is a day later.

You will see your payment on your credit card statement on 7 January, with 6 January as the transaction date and 7 January as the posting date. I noticed it is the same regardless whether it's IBG or IBFT. Payments shows up on credit card statement the next day.
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yes for example instant transfer to citibank credit card same..

payment will only posted after next day

but credit limit available will instantly increase if instant transfer successful
SUSintrepidity85
post Jan 8 2016, 11:03 AM

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QUOTE(cherroy @ Jan 8 2016, 10:46 AM)
There are a few cut off time in a day which dictate when the fund is available for recipient.
The latest always will be the next business day by 11am if someone transfer after 5pm.

Before 8 am, recipient will receive by 2 pm same business day.
After 11 am, 5pm same business day
After 2 pm, 11 pm same business day
After 5 pm, next business day 11 am. 

It won't be more than a full business day one.
So the statement is not true is someone said "it should take 2-3 days for Giro transfer".
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i always do IBG and always next day... it wont be more than 2 days to be exact.. always within 24 hours
SUSintrepidity85
post Jan 10 2016, 11:12 PM

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QUOTE(safilo @ Jan 10 2016, 10:27 AM)
Thanks for the update.
Daily limit had increase to 50K  rclxms.gif
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wow...

which bank can be more than 50k? except for those premier lo..
SUSintrepidity85
post Jan 15 2016, 08:59 AM

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found out scb is quite good.. free instant transfer to all..

but no idea why they did not have the 'BSN' list for instant transfer..

i have did 20+ instant transfer so far.. save my money ... but this account u must put certain money then only they will give u interest.
SUSintrepidity85
post Jan 15 2016, 09:03 AM

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QUOTE(Nom-el @ Jan 12 2016, 03:55 PM)
I agree that this info is very useful as well and should be included on the 1st page. I have taken the trouble to format it into a more readable format below and added some info into it: -

Bank Daily Limit Fee Remark
Alliance Bank 10,000 0.53
PBB 10,000 0.53 30,000 with SecureSign token
|OCBC | 10,000 | 0.53 | Currently no online IBFT available, can ONLY use ATM to perform IBFT | 
Maybank 30,000 0.53
|RHB | 30,000 | 0.53 | |   
CIMB 30,000 0.53
UOB 30,000 0.53 Free for eAccount, 50K limit for GIRO
AFFIN 50,000 0.53
HLB 50,000 0.53
HSBC 50,000 0.53
SCB 50,000 Free
AMBANK 50,000 0.53

Hope it helps.  smile.gif
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super good and easy to understand

please post it in post 1 rclxms.gif
SUSintrepidity85
post Jan 16 2016, 09:58 PM

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QUOTE(sms2u @ Jan 16 2016, 09:10 PM)
OCBC have instant meps transfer and it is real time transfer
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how much max ocbc meps instant transfer?
SUSintrepidity85
post Jan 16 2016, 10:03 PM

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QUOTE(Ramjade @ Jan 16 2016, 09:59 PM)
So ocbc fixed their IBFT already? Before this, people reported not working.
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yes few months back not working.. only one time working but after few days it disappear back to normal IBG
SUSintrepidity85
post Jan 17 2016, 08:45 AM

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QUOTE(kit2 @ Jan 16 2016, 10:59 PM)
from my past experience, bank processed ibg scheduled for the day during the 5pm run, funds arrived at destination bank by 11pm the same day.

but if you transfer now, i.e. on a non-working day, money will be deducted right away, and funds will be available at destination bank account by 11am on the following working day.
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thats correct
SUSintrepidity85
post Jan 17 2016, 08:46 AM

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QUOTE(kit2 @ Jan 16 2016, 11:03 PM)
oops, not yet. got attracted to bsn by their promo fd.

will open an account next week and try it out.

you could also contact customer service and ask about the new transfer limit.
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guess must do over the counter and cannot place via online?

SUSintrepidity85
post Jan 19 2016, 02:53 PM

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QUOTE(adamdacutie @ Jan 19 2016, 02:14 PM)
Now still have free ibft kah ? I know ibg free for uob satu tahun
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scb offer free
SUSintrepidity85
post Jan 21 2016, 08:16 AM

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QUOTE(fkinmeng @ Jan 20 2016, 11:35 PM)
cimb clicks kinda sux now after their update. doh.gif

tells me that service unavailable when i request for tac code but then proceed to send me the tac code to my mobile. doh.gif
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make a complaint to CS
SUSintrepidity85
post Jan 23 2016, 10:11 AM

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QUOTE(cybpsych @ Jan 22 2016, 06:59 AM)
user posted image

Citibank: Instant Transfer fee of RM0.32 is waived from 1 January – 31 December 2016.

https://www.citibank.com.my/global_docs/pdf/ITF.pdf
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prefer scb more.. free for few years already

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