Maybankinvest
General charges related to Maybankinvest accounts
| Item | Fee |
|---|---|
Margin: SMF 1 | |
Opening of CDS Nominees Account | RM10.00 (Subject to Sales and Service Tax) |
Stamp Duty | 1st set of Margin Trading Financing Facility Agreement : Ad-valorem (0.5% of credit limit)
2nd set of Margin Trading Financing Facility Agreement : RM10.00
2 sets Memorandum of Charge@ RM10.00 per set : RM20.00
2 sets of Letter of Offer @ RM10.00 per set : RM20.00 |
Shares Transfer-In Charges | RM10.00 per counter. The charges will be refunded if the counter value is above RM3,000 |
Shares Withdrawal Fee | RM20.00 per counter (Subject to Sales and Service Tax) |
Commitment Fee (for Credit Limit above RM250,000) | 1% pa on the daily unutilized portion of the drawing limit and charged monthly. (Not applicable for Islamic Facility) |
Exit Fee | 1% of the credit limit will be imposed upon transfer out/redemption/reduction of facility within first 12 months from the date of the Facility Letter. (Not applicable for Islamic Facility) |
Non Margin: Cash Account & SMF 2 | |
Opening of CDS Nominees Account | RM10.00 (Subject to Sales and Service Tax) |
Stamp duty | 1 set of Letter of Offer : RM10.00 |
Other Fees | |
Penalty Interest | 1% computed on the excesses amount (Not applicable for Islamic Facility) |
Shares Withdrawal Fees | CDS Transfer: RM10.00 (Subject to Sales and Service Tax) Nominees: RM10.00 (Subject to Sales and Service Tax) RM20.00 per counter (Subject to Sales and Service Tax) |
* Maybank reserves the right to determine, vary, revise, impose or add any other fees/charges from time to time as it deems fit and at its absolute discretion.