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Maybank Inward TT Ruling from 27 March, New ruling to hold all incoming TT
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TSsainod
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Mar 21 2017, 02:02 PM, updated 7y ago
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Getting Started

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For all your guys who frequently get incoming TT. Maybank from March 27, has implemented this new ruling see below : » Click to show Spoiler - click again to hide... « Dear Valued Customers,
Effective 27th March 2017, all transactions involving the receipt of foreign inward telegraphic transfer payments and subsequent crediting into your account with an amount equivalent to the ITT Payments will be placed under a "HOLD" status.
You are required to provide us with satisfactory relevant information and documents to support the ITT Payments within three (3) business days of receipt of the ITT Payments; and
We will uplift the "HOLD" status only after we have verified the ITT Payments and are satisfied with the Information and Documents, after which the Equivalent Amount will then be available for your use.
If you require any clarification or further information, please refer to the FAQs and Customer Notification available online via www.maybank2u.com.my under "Highlights" or contact any Maybank branch or Customer Care hotline at 1-300 88 6688 (domestic) or 603-7844 3696 (overseas) any time, any day including Malaysia national public holidays.
For more details or clarification on the FEA Rules, kindly refer to BNM's website at www.bnm.gov.my or contact BNMTELELINK at 1-300-885 5465 or email to bnmtelelink@bnm.gov.my
MAYBANK : FAQOpen for discussion : especially those using overseas brokers for investment. For Reading : BNM RegulationThis post has been edited by sainod: Mar 21 2017, 03:36 PM
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TSsainod
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Mar 21 2017, 03:33 PM
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Getting Started

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QUOTE(duckaton @ Mar 21 2017, 03:20 PM) what is the threshold amount? It says all TT, no mention of a threshold.
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TSsainod
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Mar 23 2017, 04:21 PM
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Getting Started

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QUOTE(Hansel @ Mar 23 2017, 04:13 PM) 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,... update us bro. Will be trying too
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TSsainod
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Aug 9 2017, 10:02 AM
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Getting Started

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QUOTE(cherasmari @ Aug 9 2017, 09:19 AM) Ya, confirmed so far no issues. Even from third party inwards transfer.
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TSsainod
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Dec 27 2017, 11:44 AM
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QUOTE(slimyhands @ Dec 27 2017, 11:29 AM) Hi, mind to share what's the amount? I want to receive RM12K equivalent from a company in US using TT. Will there be a hold on this? Can anyone confirm? shouldn't be an issue, mine was at-least 3 times the value.
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TSsainod
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Dec 17 2018, 04:40 PM
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Getting Started

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QUOTE(Justmua @ Dec 7 2018, 09:54 PM) Safer to withdraw to Skrill or Neteller. It would be interesting to see your outcome. Kindly share later when all cleared up. Ambank not new, had the same issues sometime ago. Stopped using them.
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