M2U Visa Direct
Transfer funds from your Maybank current / savings account to any Visa credit, debit or prepaid card in over 200 countries
Daily transfer limit:
RM7,500
Monthly Transfer Limit:
RM50,000 or 8 transactions per calendar month
Service fee:
From RM10.60 onwards (Inclusive of GST)
Available at:
M2U Visa Direct is a cross border fund transfer service that allows Maybank Savings and Current account customers to perform fund transfers to overseas Visa debit, credit and prepaid cardholders via Maybank2u. The funds are credited directly to the beneficiary's card account where the beneficiary can either perform a cash withdrawal or spend at participating Visa merchants. This service is a value added to Maybank2u customers by providing convenience and fast crediting to more than 200 countries.
Features
Availability of service
24 hours x 7 days*
* except during Maybank2u maintenance hours
Visa Card type (Recipient card)
- Credit Card
- Debit Card
- Prepaid Card
Speed of crediting fund
- Fast Fund - within 30 minutes
- Non fast fund - within 2 working days
Limit
- Minimum transfer amount - RM300
- Maximum transfer amount - RM7,500 daily
- Maximum transaction limit of RM50K or 8 transactions per calendar month
Coverage
More than 200 countries (except Columbia, Cuba, Iran, Israel, USA, Sudan, Syria and Venezuela)
Transfer type
Cross border
Service charges
RM10.00
Benefits
- Able to transfer funds almost on real time directly to overseas Visa debit, credit and prepaid card accounts to more than 200 countries.
- Very competitive service fee of RM10 to all corridors
- Beneficiary has the option to utilize the funds by cashing out or spend at participating Visa merchants.
- No "hidden cost" to beneficiary for the funds received from the sender
Click here for M2U Visa Direct Terms & Conditions
Click here for M2U Visa Direct FAQ
Click here for Foreign Exchange Administration (FEA) Declaration