According to a news release from Maybank, Maybank has introduced the automatic monthly recurring EPF payment feature starting from 12 July 2022. Users will only need to do this once, and then a regular monthly transfer will be made from their savings account to their EPF account.
This feature is available on the Maybank2u website and will be extended to the MAE APP in the future.
Once you set up a regular monthly automatic deduction, you will no longer have to bother to make the transfer manually every month.
How to set up regular monthly automatic EPF payment in Maybank2u
Step 1: Login to Maybank2u and select Payee from the Pay section.
Step 2: Enter EPF and then select EPF.
Step 3: Fill in your personal information.
Step 4: Open Set Recurring to make automatic monthly EPF payment.
Step 5: Make sure all the information is correct and then you can proceed with the verification process.
Step 6: Finish.
