Maybank2U Gold Investment Account

One of the main reason why many investors purchase gold from Maybank is because of its convenience. Being the largest bank in Malaysia, practically everyone owns a Maybank2U online e-banking account. What better way then to utilize your very own Maybank2U to purchase and sell gold at convenience of your own home?

Before you decide to start your very own Maybank2U Gold Investment Account, here are some vital information about selling and buying gold from Maybank:

Features and Benefits:

• Better Protection: Investments in Maybank Gold Investment Account are fully backed by physical gold deposited in Produits Artistiques Metaux Precieux (PAMP S.A).
• Convenience: Managing your account is easy. Buy or sell easily with your passbook at any Maybank branch in Malaysia or via Maybank2u.com
• Affordability: 1 gram is all you need to purchase, sell and maintain your investment.

Features	Description
Minimum Initial Purchase	1 gram
Minimum Subsequent Purchase/Sale	In multiples of 1 gram
Minimum Balance in the Account	1 gram
Gold Purchase Price	- Gold purchase will be based on the Bank's prevailing gold SELLING price quoted in RM per gram - The mode of payment accepted for purchase of gold are:    1) Cash    2) Debiting of current/savings account maintained with the   Bank    3) House cheque    4) Maybankard Debit & Credit Card (Visa & MasterCard only)
Gold Sale/Withdrawal	Gold sale will be based on the Bank's prevailing gold BUYING price quoted in RM per gram Withdrawal options available are:    1) Cash    2) Crediting of current/savings account maintained with the Bank
Mode of Operation	Passbook
Interest	No interest payout
Stamp Duty Fee on Agreement	RM10
Replacement of Lost / Spoilt Passbook	RM15 (inclusive of Stamp Duty for Letter of Indemnity)
Buy or sell gold via Maybank2u.com	Available from Monday to Friday (10am to 4.30pm) when the Bank is open for business in the Federal Territory of Kuala Lumpur

Who can apply?

• Individuals aged 18 years and above
• Joint account - maximum 4 persons

Gold Investment via Maybank2U

Enjoy the convenience of managing your Maybank Gold Investment Account (MGIA) online via Maybank2u.com. You can now buy and sell gold anywhere, anytime from the comfort of your home, office or while you're on the go.
Just follow these simple steps:

1. Log in to your Maybank2u account

2. Click "Investment" on the main menu tab

3. Click "Maybank Gold Investment Account"

4. Options available:

View my MGIA details
(View account details and transaction history)

Deposit Gold
(Make an online deposit/purchase of gold into your MGIA account)

Withdraw Gold
(Perform online gold withdrawal/sale from your MGIA account)

5. Online Trading Hours

Online gold trading is available between 10.00 am to 4.30 pm from Monday to Friday
(Subject to Federal Territory business days)

Summary:

Disclaimer: 

The returns on Maybank Gold Investment Account (MGIA) are subject to the gold price fluctuations. Customers are advised to read and understand the product before making any investment. This product is not insured by Perbadanan Insurans Deposit Malaysia (PIDM).

Important:

Do take some time to download and read the following before investing.

Download Product Disclosure HERE

Download Maybank Gold Investment Account FAQ HERE