QUOTE(hye @ Feb 28 2015, 09:26 AM)
- Correction to earlier post -
In case this have not been shared before.
It is possible to arrange payment automatically for MBB Acct -> MBB Cards. This is done via eSI instructions in M2U.
eSI is a bit hidden in M2U (I kept on forgetting where it is) - to access it
- Select your banking account in M2U under Accounts & Banking.
- Standing Instructions will appear in the left section. (Only here)
- Add various eSI according to your needs.
To note that the eSI system will ask for a value that you wish to transfer on a regular basis/according to the period that you desire. Several options available - ranging from minimum, half and full payments for both statement and outstanding balance.
This is helpful for folks who want to arrange payment automatically to their credit card every month.
I am not sure whether the following information (for eSI for fund transfer) is also applicable for eSI for payment to credit card from other banks.
Maybank CS told me that for eSI for fund transfer, RM 2.00 will be charged for standing instruction, and another RM 0.10 will be charged for Interbank Fund GIRO Transfer (IBG). The actual total fee is RM 2.10.
As I recall correctly, for recurring automated future transfer, CIMB Clicks and Hong Leong Connect only change RM 0.10, as such transactions are treated as future IBG. If this information is correct, the fee charged by Maybank is a bit steep.
Any advice given by experts here is appreciated.
Jan 3 2015, 06:04 AM
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