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 Maybank Inward TT Ruling from 27 March, New ruling to hold all incoming TT

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Hansel
post Mar 22 2017, 03:11 AM

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QUOTE(bee993 @ Mar 21 2017, 06:34 PM)
Damn so i ownself transfer from sg oso kena answer this? Wtpuak
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If you look at Appendix 1 inside the below link :-

http://www.maybank2u.com.my/WebBank/FAQ_ITT.pdf

...there is a section called : Own Fund Transfer, with the following details :-

Own Fund Transfer
 Declaration by Resident (Investment in Foreign Currency Asset Onshore and Offshore);
 Statement account or CDD on the customer.
Note: Payment is to be received in Trade MFCA, Investment MFCA or RM Account.

1) Under the declaration, is it just a standard declaration form, or some other docs ?

2) What sort of statement account is in the second one, and what is CDD ?

Edited by adding : must we provide BOTH of the documents above, or just one of the two ?

This post has been edited by Hansel: Mar 22 2017, 03:19 AM
Hansel
post Mar 22 2017, 11:38 AM

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QUOTE(bee993 @ Mar 22 2017, 11:16 AM)
Haiz...i only know now i need to go money changer to convert my sgd to myr...dunwan go thru this hassle.
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Only if you have SGD cash in hand,... if you don't, for your funds are inside investment instruments in SG, etc,... you may need to find a way to bring back. TT is one of the ways,...
Hansel
post Mar 23 2017, 04:13 PM

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I intend to TT back SGD100 next week after the implementation date,... and see how to 'Hold' status comes about, then I will provide documents to see how to release this Hold status,... never try never know,...

This post has been edited by Hansel: Mar 23 2017, 04:15 PM
Hansel
post Mar 23 2017, 06:04 PM

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QUOTE(sainod @ Mar 23 2017, 04:21 PM)
update us bro. Will be trying too
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QUOTE(ShinG3e @ Mar 23 2017, 05:37 PM)
please update us dear hansel. biggrin.gif
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Bros,.... biggrin.gif
Hansel
post Mar 29 2017, 07:32 PM

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Sorry bros,...haven't done yet,... perhaps other bros could have performed already,...
Hansel
post Mar 30 2017, 02:52 PM

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QUOTE(bee993 @ Mar 30 2017, 11:34 AM)
was waiting ur updates coz today dbs rate not bad...3.1358
but dont dare take risk coz i wan tt 3k sgd...afraid kena hold duno how long sweat.gif
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biggrin.gif biggrin.gif biggrin.gif biggrin.gif biggrin.gif

That's right,...after kena held back,... better use Debit card.
Hansel
post Mar 31 2017, 12:03 PM

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QUOTE(shioks @ Mar 30 2017, 07:43 PM)
Not sure what kind of satisfactory documents if transfer from own overseas account to own domestic account?
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Own account to own account - use Debit Card, bro,... don't TT,...
Hansel
post Mar 31 2017, 12:13 PM

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QUOTE(shioks @ Mar 31 2017, 12:08 PM)
You mean withdraw in Malaysia by using overseas Debit Card?  This you may need to withdraw multiple time if the amount is substantial as there is daily limit restriction.
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QUOTE(Ramjade @ Mar 31 2017, 12:10 PM)
Means you transfer using debit card (visa direct or Mastercard Send if your bank support it)
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Both of you gents are right ! biggrin.gif biggrin.gif biggrin.gif

But charges are higher compared to using TT,... smile.gif
Hansel
post Mar 31 2017, 12:40 PM

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QUOTE(Ramjade @ Mar 31 2017, 12:20 PM)
Same thing. You need to check and see if your china bank have this feature.
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Canadian banks have,... have tried personally, can send directly into my credit card,... rclxms.gif
Hansel
post Mar 31 2017, 01:02 PM

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Hmm,... this thread has become a thread for ways to bypass the central bank,...dangerous,....
Hansel
post Apr 6 2017, 11:28 PM

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Maybe the TT will come in as normal,... no jamming by the bank,... let's see.
Hansel
post Apr 8 2017, 03:17 PM

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QUOTE(bee993 @ Apr 8 2017, 12:57 PM)
next day received.

and i called the hotline too,large amount will be hold then fill explanation form.
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Right,... that's what I thought too,... no issue-lar for small amounts,... so, can come in bit by bit, no issue for individuals. For companies, if needed to follow co procedures, then must submit docs,...

Thank you Bee for updating,.... thumbsup.gif
Hansel
post Jun 13 2017, 03:11 PM

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Guy,... tested with a few thousands RM,... TT'ed back to Maybank Account from an SG bank,... no problem,... no stopping by any party,....
Hansel
post Aug 9 2017, 10:02 AM

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QUOTE(cherasmari @ Aug 9 2017, 09:19 AM)
Same account name?
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Yes, this is right,... anything else you've heard ?
Hansel
post Aug 9 2017, 10:31 AM

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QUOTE(sainod @ Aug 9 2017, 10:02 AM)
Ya, confirmed so far no issues. Even from third party inwards transfer.
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Okay, great,... thank you, bros,... we update each other,....

So,.. business as usual,... smile.gif
Hansel
post Aug 13 2017, 09:09 PM

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QUOTE(duplicated @ Aug 13 2017, 08:25 PM)
No issue TTed back to Malaysia from Australia. Just to update.
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Tq for the update,... great cooperation here we have,...

 

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