Sunday, March 26, 2000

How To Pay Using Maybank2U

Payment through Maybank2U is an easy way to pay for your shares bought through your broker but Maybank2U site is not so user friendly. There are so many inquiries on how to find the menu where you can make your payment. Here is a step by step guide for you to follow;

  1. First of all you need to go to the nearest Maybank's ATM and then using your ATM card you should get your TAC (Transaction Authorisation Code). You will need this code to perform online banking transaction at maybank2U.com. What is Transaction Authorisation Code (TAC)?
    The Transaction Authorisation Code (TAC) is a unique, 6-digit code that will be a compulsory requirement for specific online transactions. The TAC is computer-generated and as added precaution, it:
    1. can only be used with your own Maybank2u.com login username and password
    2. is valid for 2 hours upon request
    3. is valid for only two hours once you have activated it.

  2. The next step is to log in to your maybank2U.com
  3. On the front page personal menu , select Online Bill Payment.
  4. From sub-menu, select open payment.
  5. From the payee category drop down menu select ALL. By selecting this you will see a list of all corporations that have sign up with Maybank online banking.
  6. From the list select the stockbroker that you want to transfer the money to.
  7. Follow the instruction thereafter.
Good luck!

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