How to Transfer Money with MAE Using Instant Transfer or DuitNow

Try MAE by Maybank2u if you’re seeking for a quick and easy way to send money to your loved ones, friends, or online merchants.

Using DuitNow or Instant Transfer, MAE’s digital wallet enables quick money transfers. We will demonstrate how to apply these two techniques and outline the advantages of each in this blog article.

What is Instant Transfer?

With the help of the Instant Transfer service, you can send money within minutes to any bank account in Malaysia.

Instant Transfer is available through the MAE app, Maybank2u website, or Maybank2u app. No matter how much money is being moved, Instant Transfer charges RM0.50 each transaction.

What is DuitNow?

Using their mobile number, NRIC, passport number, or business registration number, DuitNow’s service enables you to send money to anyone. Just their DuitNow ID will do; you don’t need to know their bank account information.

The Maybank2u website, Maybank2u app, or the MAE app are all ways to access DuitNow. For transactions under RM5,000 per day, DuitNow is free; for transfers beyond RM5,000 per day, the price is RM0.50.

How to Transfer Money with MAE Using Instant Transfer

To transfer money with MAE using Instant Transfer, follow these steps:

1. Launch your MAE app and log in.
2. Tap on ‘Transfer’.
3. Choose your debiting account.
4. Select ‘Instant Transfer’.
5. Choose the bank that you want to transfer to.
6. Enter the recipient’s bank account number.
7. Enter the amount that you want to transfer.
8. Enter a reference for the recipient (optional).
9. Confirm the transfer details and request for authentication.
10. Your transfer is successful. You can save the recipient as a favourite or share your transfer receipt.

How to Transfer Money with MAE Using DuitNow

To transfer money with MAE using DuitNow, follow these steps:

1. Launch your MAE app and log in.
2. Tap on ‘Transfer’.
3. Choose your debiting account.
4. Select ‘DuitNow’.
5. Enter the recipient’s DuitNow ID (mobile number, NRIC, passport number, or business registration number).
6. Enter the amount that you want to transfer.
7. Enter a reference for the recipient (optional).
8. Confirm the transfer details and request for authentication.
9. Your transfer is successful. You can save the recipient as a favourite or share your transfer receipt.

Benefits of Using Instant Transfer or DuitNow with MAE

There are many benefits of using Instant Transfer or DuitNow with MAE, such as:

• You can transfer money anytime, anywhere, without worrying about cut-off times or holidays.
• You can enjoy low fees or free transfers depending on the service and amount transferred.
• You can verify the recipient’s name before confirming the transfer, reducing the risk of sending money to the wrong person.
• You can make multiple, future, or recurring transfers using your own registered ID or favourite recipients.
• You can track your transfers easily using your transaction history or notifications.

Conclusion

With MAE by Maybank2u, you have two options for sending money instantly: Instant Transfer and DuitNow.

Both services let you send money to anyone in Malaysia with ease and are quick, practical, and secure.

MAE has you covered whether you need to divide payments, pay online vendors, or give money to relatives or friends.