Fast Remittance M2U ID App

HOW TO

Instant, Hassle-Free Overseas FX Transfers with Flat Fee of USD 10 via Fast Remittance

Send money to Singapore (SGD), the UK (GBP), the European Union (EUR), Australia (AUD), and Hong Kong (HKD) in minutes with Fast Remittance. No queues, no hidden fees, available 24/7 on M2U ID App.

Global Connectivity

Maybank collaborates with global remittance partners to provide real-time FX transfer services via the M2U ID App.

Cost-Effective & Efficient

Enjoy a flat sending fee of USD 10 with transfer times in under 10 minutes. SWIFT transfer options remain available to suit your needs.

Automatic System Detection

The M2U ID App (mobile banking) system will automatically select the Fast Remittance feature when you choose a supported currency and destination.

Destination Countries & Transaction Terms

Destination Country	Currency	Bank Code	Processing Time	Transaction Fee
Singapura	SGD	SWIFT Code (Example: DBSSSGSG)	<10 minutes	Flat USD10
United Kingdom	GBP	SORT Code (Example: 20-00-00 or 200000)
European Union	EUR	SWIFT Code (Example: DEUTDEHH)
Australia	AUD	BSB Code (Example: 012-222 or 012222)
Hong Kong	HKD	Bank Code (Example: 004-200 or 004200)

Transaction Terms:

Valid only for the currency and destination countries listed above.
If the selected destination country and currency are not yet supported by the Fast Remittance service, the Customer’s remittance transaction can still be processed via the SWIFT network.

Source of Funds & Transaction Limits:

Source of Funds: Maybank Savings/Current Account in IDR (auto-conversion) or Foreign Currency accounts, including Sharia-compliant savings/current accounts.
Transaction Limit*:
- Maximum conversion limit from IDR to foreign currency is equivalent to USD 10,000 / month, in accordance with Bank Indonesia regulations.
- Maximum conversion limit for Foreign Currency to Foreign Currency is equivalent to USD 25,000 / transaction, in accordance with Bank Indonesia regulations.
If the transfer destination is outside the 5 countries listed in the table above that support the Fast Remittance feature, the system will automatically route the transaction to the SWIFT network option.

*Transaction limits are adjusted in accordance with Bank Indonesia threshold regulations under PADG No. 15 of 2026 on the Third Amendment to Foreign Exchange Market Transaction Regulations and PADG No. 13 of 2026 on Monitoring of Foreign Exchange Traffic Activities for Banks and Customers, effective July 1, 2026, or its amendments, if any.

3 Easy Steps for FX Transfer via Fast Remittance

Log in to M2U ID App

Select the Interbank FX Transfer menu. Choose the source account.

Select Destination Country

The system automatically detects destination countries supported by Fast Remittance. Fill in the recipient's details.

Confirm & Send

Check the transaction details, enter your Secure2u passcode, and your transfer.

Ready to Send Money Overseas Hassle-Free?

Download M2U ID App to enjoy 24/7 international transfer convenience.

Fast Remittance Transfer Guide

FAQ for SWIFT and Fast Remittance Services on M2U ID App

1. What is Fast Remittance?

Fast Remittance is an overseas fund transfer service (remittance) provided by Bank Maybank Indonesia offering faster transfer times (under 10 minutes) at a lower cost.

2. What is SWIFT Remittance?

SWIFT Remittance is a foreign currency (FX) transfer service to other banks in Indonesia or abroad via the global SWIFT network.

3. What is the difference between Fast Remittance and SWIFT Remittance?

Both Fast Remittance and SWIFT Remittance are foreign currency transfer services. Here are the key differences between SWIFT Remittance and Fast Remittance:

No	Feature	SWIFT Remittance	Fast Remittance
1	Destination Account	To other bank accounts across Indonesia and worldwideTo other bank accounts abroad	To other bank accounts abroad
2	Currencies	13 foreign currencies: USD, CHF, NZD, AUD, CAD, GBP, HKD, JPY, SGD, EUR	5 foreign currencies: SGD, HKD, AUD, GBP, and EUR (applicable according to the destination country using the currency).
3	Fees	Correspondent bank fee for USD and currencies other than EUR, JPY, MYR is USD 25. Correspondent bank fee for JPY is JPY 5,000. Correspondent bank fee for MYR is MYR 50. Correspondent bank fee for EUR is EUR 30.	Flat fee of USD 10 per transaction.
4	Service Level Agreement (SLA)	1 – 3 business days	Under 10 minutes
5	Supporting Documents	Requires filling out the Foreign Exchange Traffic (LLD) form for transactions exceeding USD 10,000 per transaction. Requires underlying document attachments for FX transactions exceeding USD 10,000 or same-currency FX transactions exceeding USD 25,000 per transaction.	Requires filling out the Foreign Exchange Traffic (LLD) form for transactions exceeding USD 10,000 per transaction for same-currency FX transfers. (Example: Customer transfers from an SGD source account to an SGD beneficiary account).

4. Can Fast Remittance and SWIFT Remittance be accessed via branches or M2U ID Web?

Fast Remittance is only available on the M2U ID App (mobile banking) and is not yet available on M2U ID Web (internet banking) or at branch offices.
SWIFT Remittance is accessible via M2U ID App (mobile banking), M2U ID Web (internet banking), and Maybank branch offices.

Maybank Branch & ATM Locations Click here

5. What if I want to transfer via Fast Remittance but using a currency that is not supported by Fast Remittance?

If you wish to transfer to other countries or currencies outside the Fast Remittance corridors, you can use the SWIFT Remittance service.

6. How much are the transaction fees for Fast Remittance and SWIFT Remittance? Who covers the fee?

Fast Remittance Fee:
- The transaction fee is a flat USD 10 per transaction. This fee will be charged to the sender and debited from the source account upon successful completion of the Fast Remittance transfer.
SWIFT Remittance Fee:
1. Correspondent bank fee for USD and currencies other than EUR, JPY, MYR & IDR is USD 25
2. Correspondent bank fee for JPY is JPY 5,000
3. Correspondent bank fee for MYR is MYR 50.
4. Correspondent bank fee for EUR is EUR 30.

Customers can choose whether the SWIFT Remittance fee is borne by the Sender (debited from the customer's source account) or the Beneficiary (deducted from the transferred amount).

7. Do I need to complete the Foreign Exchange Traffic (LLD)* form for Fast Remittance and/or SWIFT Remittance?

No	Currency	Transaction Limit
Fast Remittance	Remittance SWIFT
1	IDR to Foreign Currency	For IDR to foreign currency transactions up to USD 10,000 per transaction, filling out the LLD form is not required. IDR to foreign currency transactions exceeding USD 10,000 per month cannot be processed via Fast Remittance.	For IDR to foreign currency transactions up to USD 10,000 per transaction, filling out the LLD form is not required. For IDR to foreign currency transactions exceeding USD 10,000 per transaction, customers must fill out the LLD form and attach supporting underlying documents.
2	Foreign Currency to Foreign Currency	For foreign currency to foreign currency transactions up to USD 10,000, filling out the LLD form is not required. For foreign currency to foreign currency transactions exceeding USD 10,000, filling out the LLD form is required. (Note: Transactions exceeding USD 25,000 per transaction cannot be processed via Fast Remittance. Customers may use SWIFT Remittance instead).	For foreign currency source accounts transferring to foreign currency beneficiary accounts exceeding USD 25,000, customers must fill out the LLD form and attach supporting underlying documents.

Currency

Transaction Limit

Fast Remittance

Remittance SWIFT

IDR to Foreign Currency

For IDR to foreign currency transactions up to USD 10,000 per transaction, filling out the LLD form is not required.
IDR to foreign currency transactions exceeding USD 10,000 per month cannot be processed via Fast Remittance.

For IDR to foreign currency transactions up to USD 10,000 per transaction, filling out the LLD form is not required.
For IDR to foreign currency transactions exceeding USD 10,000 per transaction, customers must fill out the LLD form and attach supporting underlying documents.

Foreign Currency to Foreign Currency

For foreign currency to foreign currency transactions up to USD 10,000, filling out the LLD form is not required.
For foreign currency to foreign currency transactions exceeding USD 10,000, filling out the LLD form is required.

(Note: Transactions exceeding USD 25,000 per transaction cannot be processed via Fast Remittance. Customers may use SWIFT Remittance instead).

For foreign currency source accounts transferring to foreign currency beneficiary accounts exceeding USD 25,000, customers must fill out the LLD form and attach supporting underlying documents.

8. What happens if my Fast Remittance transaction fails? Will my funds be automatically credited back to my Maybank Savings/Current Account?

Yes. If you receive a notification that your transfer has failed, your funds will be automatically credited back to your source account (Maybank Savings/Current Account) by the system.

9. Can I perform a Fast Remittance or SWIFT Remittance transfer using funds from my Maybank Savings/Current Account or Maybank Credit Card?

Transfers via Fast Remittance or SWIFT Remittance can only be made using funds from a Maybank Savings or Current Account (either IDR or Foreign Currency accounts). You cannot use a Maybank Credit Card as a source of funds for Fast Remittance or SWIFT Remittance transfers.

10. What should I do if I encounter issues while accessing Fast Remittance or SWIFT Remittance services?

If you have any questions or encounter any difficulties, you may contact Maybank Customer Care at:

1500611 (Domestic)
+622178869811 (From overseas)
Email: customercare@maybank.co.id

Instant, Hassle-Free Overseas FX Transfers with Flat Fee of USD 10 via Fast Remittance

Destination Countries & Transaction Terms

3 Easy Steps for FX Transfer via Fast Remittance

Ready to Send Money Overseas Hassle-Free?

FAQ for SWIFT and Fast Remittance Services on M2U ID App

1. What is Fast Remittance?

2. What is SWIFT Remittance?

3. What is the difference between Fast Remittance and SWIFT Remittance?

4. Can Fast Remittance and SWIFT Remittance be accessed via branches or M2U ID Web?

5. What if I want to transfer via Fast Remittance but using a currency that is not supported by Fast Remittance?

6. How much are the transaction fees for Fast Remittance and SWIFT Remittance? Who covers the fee?

7. Do I need to complete the Foreign Exchange Traffic (LLD)* form for Fast Remittance and/or SWIFT Remittance?

8. What happens if my Fast Remittance transaction fails? Will my funds be automatically credited back to my Maybank Savings/Current Account?

9. Can I perform a Fast Remittance or SWIFT Remittance transfer using funds from my Maybank Savings/Current Account or Maybank Credit Card?

10. What should I do if I encounter issues while accessing Fast Remittance or SWIFT Remittance services?

DIGITAL SOLUTIONS

DEPOSITS

CREDIT CARD

LOANS

MAYBANK PREMIER

SHARIA

OTHERS

ABOUT MAYBANK INDONESIA

CAREER