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 Trading stock via maybank2u, let discuss

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maxZibel
post Dec 25 2013, 11:51 AM

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Junior Member
140 posts

Joined: Nov 2008
From: kl


Hi guys, newbie here just started. Would like to ask, how do I even deposit funds into my trading account?

Is it possible to do a fund transfer from my savings account into my trading account?

Don't see where I can do it, even the faqs in maybank is hopeless. That or I just can't find it.
maxZibel
post Dec 25 2013, 12:55 PM

Getting Started
**
Junior Member
140 posts

Joined: Nov 2008
From: kl


QUOTE(tehoice @ Dec 25 2013, 12:19 PM)
on your m2u website, just transfer within own account. that's it. instantly in your trading account.
*
Thanks.

But I dont see my own trading account option to transfer to in my m2u.

Probably I need to link my trading account with my savings account? hmm...
maxZibel
post Dec 25 2013, 03:46 PM

Getting Started
**
Junior Member
140 posts

Joined: Nov 2008
From: kl


normal savings account. I can't seem to do a funds transfer to my trading acc
maxZibel
post Dec 26 2013, 11:12 AM

Getting Started
**
Junior Member
140 posts

Joined: Nov 2008
From: kl


QUOTE(felixmask @ Dec 26 2013, 10:27 AM)
You are using Direct CDS account
*
Thanks for the reply. But so then how do I deposit into this account of mine?

Not possible to do m2u funds transfer?
maxZibel
post Aug 21 2014, 11:25 AM

Getting Started
**
Junior Member
140 posts

Joined: Nov 2008
From: kl


Hi guys,

Short question on the MBB online trading account.

I would like to transfer out some amount from my trading account to my personal account. So I went to my online stocks, selected "Other Services > Cash Collateral Withdrawal > New Request". A pop-up appeared to fill in details.

But I noticed at the bottom, there are notes/disclaimer.

"Please ensure your account is not in excess before or after the Cash Withdrawal transaction. Any excess will be subjected to penalty interest charges on daily rest. "


What does this mean actually? Am I being charged penalty interest for the excess funds in my trading account? Cause I only want to withdraw some small amount, not all.

Help very much appreciated.
maxZibel
post Aug 21 2014, 12:27 PM

Getting Started
**
Junior Member
140 posts

Joined: Nov 2008
From: kl


QUOTE(felixmask @ Aug 21 2014, 12:08 PM)
Go Ahead, important when you login maybank2u acc the money you want to withdraw didnt exeed what you hv.

2ndly take note you didnt hv any pending Unclear/Unsettle transaction(T+3) stock buying.
*
Aha thanks for the prompt reply. peace of mind.

 

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