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Increased Combined Limit For Selected Overseas Funds Transfer Services

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Dear Valued Customers,

Effective 7 April 2025, we have increased the combined daily limits for Foreign Telegraphic Transfer (FTT), Maybank Overseas Transfer (MOT), Bakong Transfer* and DuitNow Overseas Transfer*. This means, you will be able to send larger amounts of funds conveniently.

Channels

Current Combined Daily Limits

Combined Daily Limits
(effective 7 April 2025)

Individuals (via MAE app / M2U web)

RM49,999

RM100,000

Sole Proprietors (via MAE app / M2U web)

RM49,999

RM150,000

**Please note that the sub-limit for Bakong Transfer and DuitNow Overseas Transfer’s are still maintained at RM10,000 and RM3,000 daily, respectively.

Kindly note that once you increase your limit, a 12-hour cooling-off period will apply before the new limit can take effect. During this time, you can only make overseas transfers up to your current limit. Rest assured that you will be notified via push notification or SMS on when the period starts and ends. For more information on how to increase transfer limits, click here.

Please ensure your MAE app is updated via the App Store, Google Play or Huawei AppGallery to enjoy your new limits. Avoid downloading APK files from unofficial sources to protect your device from malware. Learn more about the MAE app here.

Assuming you have set your daily limit to the maximum amount, here are some examples to help you understand the combined limit better:

For Individual Account/s (Combined daily limit: RM100,000)

Scenario

Assumed Transferred Amount

Remaining Amount Available for Same-Day Transfer

Example 1

Current transfer amount is RM75,000 via:

  • FTT: RM35,000
  • MOT: RM40,000

Remaining of RM25,000 can be transferred via:

  • FTT or MOT: Up to RM25,000, or
  • Bakong Transfer: Up to RM10,000, or
  • DuitNow Overseas Transfer: Up to RM3,000

Example 2

Current transfer amount is RM100,000 via:

  • FTT: RM60,000
  • MOT: RM40,000

You have reached your daily transfer limit. You can make new transfers the next day.


For Sole Proprietor Account/s
(Combined daily limit: RM150,000)

Scenario

Assumed Transferred Amount

Remaining Amount Available for Same-Day Transfer

Example 1

Current transfer amount is RM70,000 via:

  • FTT: RM30,000
  • MOT: RM40,000

Remaining of RM80,000 can be transferred via:

  • FTT or MOT: Up to RM80,000

Example 2

Current transfer amount is RM150,000 via:

  • FTT: RM100,000
  • MOT: RM50,000

You have reached your daily transfer limit. You can make new transfers the next day.


For more information on our Foreign Telegraphic Transfer services, click here.

For more information on our Maybank Overseas Transfer services, click here.

For more information on our Bakong Transfer services, click here.

For more information on our DuitNow Overseas Transfer services, click here.