Maybank has increased the maximum FPX transfer limit from the previous maximum of RM30,000 per day to a maximum of RM50,000 per day with effect from 1 August.
According to Maybank, if you are not adjusting your FPX transfer limit after 20 August 2022, the system will automatically preset a maximum of RM3,000 per day for FPX transfers.
If you rarely use FPX to transfer money or make payments, you can choose to adjust the FPX transfer limit downwards to make your deposits more secure. This is because SMS TAC is required to validate the transaction when adjusting the FPX transfer limit.
Here you will be shown how to adjust the FPX transfer limit.
How to adjust the Maybank FPX transfer limit
Step 1: Login to the Maybank2u web version.
Step 2: Click on Settings in the top right hand corner.
Step 3: Select Pay & Transfer.
Step 4: Select FPX and change the transfer limit.
Step 5: Use SMS TAC for verification.
Step 6: Finish.