Use BI-FAST services for easy and cost-effective fund transfers

22 August 2025

Transfers using the BI-FAST service have become a favourite choice for many people due to their ease of transfer and cost efficiency. Not only for daily transactions, BI-FAST is also increasingly popular for large nominal transactions. This is in line with the increasing need for large transfers, both for personal and business purposes.

Why is the Need for Large-Scale Money Transfers Increasing?

Sending large amounts of money is now increasingly common, whether for transferring investment funds or for personal needs such as purchasing high-value assets. In this context, the BI-FAST transfer service is the solution because it can process transactions instantly without operational hour restrictions.

Before the introduction of BI-FAST, daily limits or high transfer fees often posed obstacles. Now, users want a service that is practical, easy, cost-effective, and allows for flexible transfer amounts directly from their smartphones.

What is BI-FAST and how does it work?

BI-FAST is a real-time interbank money transfer system created by Bank Indonesia to provide faster and more flexible transaction options. This service allows instant money transfers regardless of bank operating hours, so transfers can be made at any time according to user needs.

Although other transfer methods are still available and can be used, BI-FAST provides an efficient alternative, especially for large transactions and urgent needs. This system also offers relatively low fees, making it an attractive option for money transfers today.

Some of the main benefits of BI-FAST are as follows:

• Instant process

  Money is immediately credited to the destination account.

• Low fees

  Transfers using the BI-FAST method start at IDR 2,500.

• 24/7 access

  Accessible anytime and anywhere.

• High limits

  Daily limits can reach hundreds of millions per day.

Supporting customer needs, BI-FAST transfers are also available as a key feature in Maybank Indonesia's M2U ID App (mobile banking).

What are the advantages of BI-FAST in the M2U ID App compared to other transfer services?

The M2U ID App, Maybank Indonesia's mobile banking app, offers a BI-FAST experience that is different from others. In addition to being free of transfer fees, the standard daily limit of IDR 250 million is more than sufficient for many transaction needs. However, the main advantage lies in the favourite transfer feature, which increases the daily transfer limit to IDR 10 billion, a transaction limit rarely found in other digital transfer services.

The ease of access via the app means users do not need to go to a bank or ATM, saving time and effort while providing the convenience of making transfers anytime, anywhere.

Maximum BI-FAST Limit up to IDR 10 Billion

Maybank Indonesia also offers a daily transfer limit of up to IDR 10 billion through the BI-FAST service, significantly higher than the standard limit. This is highly beneficial for users who frequently make large transactions, such as business owners and investors. To enable this feature, you need to first activate the “Set Favorite Transfer” option in the M2U ID App. This feature also reduces the risk of transfer errors, as recipient details are already saved and can be selected directly during the transaction. The transfer process becomes easier and more convenient since users do not need to re-enter account numbers every time they send money.

How to use BI-FAST on the M2U ID App?

To use the BI FAST transfer method on the M2U ID App, you can follow these simple steps:

1. Log in to the M2U ID App, then select the “Transfer” menu.
2. Select “Favourite Transfer”.
3. Select the source account to be used for the transaction.
4. Select the destination account that has been added as a favourite account.
5. Enter the payment amount, then click “Process”.
6. Ensure all data is correct and click “Confirm”
7. Enter your Secure2u passcode.
8. The BI-Fast transfer was successful.

Complete guide click here

How do I set up a favourite account in the M2U ID App?

To maximise your daily transfer limit using BI FAST, you can set up a favourite transfer in the M2U ID App. Here are the easy steps you can follow:

1. Log in to the M2U ID App
2. Click the icon at the top left of the screen
3. Select ‘Set Favourites’
4. Click the yellow (+) button
5. Select “BI-Fast/BI-SKN”
6. Select “BI-Fast”
7. Enter the required information. Under the daily limit section, select Rp10 billion. Then, click Confirm
8. Enter your Secure2u passcode
9. Favourite transaction addition successful

Complete guide click here.

In addition, BI-FAST transfers via the M2U ID App are also free of charge. You can view the terms and conditions here.

If you need an easy and cost-effective transfer method, BI-FAST transfers via the M2U ID App from Maybank Indonesia are the best choice.

Come on, take advantage of BI-FAST now and experience the ease of transferring large amounts anytime on the M2U ID App!