Back

Perform instant funds transfer online at no fee!

Manage your payments online with Maybank2u and Maybank2u Biz, without having to queue or wait for cheque clearance

Perform instant funds transfer online with us


It’s time to get rid of your cheque books! No need to get stuck in traffic and queue up at the bank anymore just to deposit a cheque. Embrace a lifestyle of convenience with Maybank2u and perform online transfers of up to RM50,000 and get instant clearance without worrying about cheque clearance times or bounced cheques.

Perform all your banking needs online on Maybank2u from the comfort of your home or office. Check out the table below for all your different instant online transfer options.

If you are a business owner and you’re still issuing multiple cheques for business payments or transfers, it’s time to switch to the all-new Maybank2u Biz app today for a simpler, faster and more convenient way of making multiple payments and transfers easily on the go. Log in to your business account or learn more about Maybank2u Biz.

 

You can download the Maybank2u Biz app here:

  

 

Transfer Type

Payment Type

Transfer Limit (RM)

Service Charge

IBFT

 

From your Maybank account to another Maybank account

30,000

Free

IBG

From your Maybank account to any banks in Malaysia

30,000

Free

DuitNow

From your Maybank account to any banks in Malaysia

50,000

Free

Statutory payments

EPF, SOCSO, KASTAM and more

Free

Tax payments

Income Tax, Real Property Gains Tax (RPGT) and Monthly Tax Deduction

Free

 

Transaction history whenever you need it


Once your online payment goes through, it’ll instantly be added to your transaction history! Instead of flipping through a chequebook, your transactions will be sorted by the date of transaction for your easy reference.


Here’s how to find it:

Step 1: Log in to Maybank2u

Step 2: Click on a current/saving account

Step 3: Scroll down to view the transaction history You can see your quarterly account statements and download them for your ease of accounting or documentation.

How to transfer money with Maybank2u?


It’s really easy. Here is a step-by-step guide:

Step 1: Log in to Maybank2u

Step 2: Click on ‘Pay & Transfer’ and then select ‘Transfer’

Step 3: Select the account you wish to pay from and the type of transfer you wish to perform

Step 4: Choose your recipient bank and fill in the details

Step 5: Check to see if all the details are correct

Step 6: Authorise your transaction with Secure2u or SMS TAC

Step 7: You’re done! Save your receipt if you would like to keep a copy.

 

Note: If this is a recurring payment, you can choose to make it a recurring transfer in Step 4. Simply choose the start and end date.

To check or modify your existing recurring payments, go to Settings > Transfer Future & Recurring.

 

Prefer to watch a video? Watch below:

How to adjust my ‘Pay & Transfer’ settings?


The settings can be adjusted in Maybank2u. Here is a step-by-step guide:

Step 1: Log in to Maybank2u

Step 2: Click on ‘Settings’ and select ‘Pay & Transfer’

  • To change Pay Limit, select ‘Pay Limit’, choose your payee and enter your preferred pay limit
  • To update Transfer Limit, select ‘Transfer Limit’, click on the pen icon next to the transfer type, make your changes and then click ‘Save Changes’
  • To view and change accounts linked to DuitNow, select ‘DuitNow’ to check the status of linked accounts or to add new accounts

 

Need a visual guide? Watch this video:

How to retrieve my past transactions receipt?


Lost your transaction receipt and need another copy? No problem, get it from your Maybank2u account. Here’s a step-by-step guide on how to retrieve past receipts:

Step 1: Log in to Maybank2u

Step 2: Click on ‘…’ on the top right corner of the account you transacted from

Step 3: Select ‘View Details’

Step 4: Scroll down slightly and select ‘M2U Transaction’ from the dropdown menu

Step 5: Look for the transaction and click on the download icon on the transaction

Step 6: The receipt will appear on your screen. Download it and you’re done!

 

Still don’t get it? Watch this video:

Maybank2u is a one-stop platform for all your banking needs. For more tips & tricks, check out our YouTube channel here.

Switch to online funds transfer


Still using cheque for your business and personal transactions? Switch to online funds transfer via Maybank2u, Maybank2u Biz or the M2U MY app. It’s easier, faster and more cost-efficient to transfer funds online!

4 advantages online funds transfer:

1. Saves Cost

Reduce your business expenses at no extra charges, this means no more cheque books or cheque processing fees.

2. Transfers Instantly

Maintain good relationship with business partners when the funds are credited instantly to the recipient’s account.

3. Easy Tracking

Get a clear view of your transaction history anytime, anywhere via Maybank2u, Maybank2u Biz or the M2U MY app.

4. Better For The Environment

When you go digital, you’re reducing the use of paper and conserving the environment.

Get started today


Cheque books are a thing of the past. Hop on board the convenience of Maybank2u today. Haven’t got a Maybank2u account yet? Register for one now!

Step 1: Click ‘Register Now’ at the top right corner of the Maybank2u homepage

Step 2: Key in your Debit/Credit/Charge/Prepaid Card number, and then insert your 6-digit PIN

Step 3: Read the terms & conditions and click ‘Continue’ if you agree

Step 4: Fill in your details

Step 5: Key in the OTP sent to your registered number, then click ‘Confirm’

Step 6: You’re done!

You will now be able to log in to Maybank2u, personalise your account, and select your security image and questions.

 

Prefer to watch a video? Here you go: