Maybank

• Maybank Investment Bank Berhad provides short-term financing based on your cash and share balance which will act as collaterals for the facility
• The amount of leverage is:

  Types of Collateral	Trading facility
  Cash	Up to 2.5X
  Shares*	Up to 1.5X, net all fee and charges

   

  * Subject to Bank's internal price capping and acceptable collateral from time to time

• The trading limit shall be made available at 166.67% margin position
• A margin call level is at 150%
• If the value of your shares equity falls below 130%, the company will liquidate your position to raise the margin position to at least 150%

Outstanding position after T+10

• In the event of an outstanding position after T + 10, force selling will be executed on all outstanding positions on T + 11

• Extend contra period for up to 10 days
• No interest or contra charges

Brokerage

• Transaction value of less than or equal to RM100,000 = 0.6%
• Transaction value of greater than RM100,000 = 0.3%

Charges for contra within T+10

• No contra and finance charges will be imposed

Charges incurred for shares picked up within T+10

• Between T to T+3, no charges will be imposed
• Between T+4 to T+10, a levy of 0.3% will be charged

Charges for losses incurred

• BLR +2% for the outstanding losses

Required documents

• Standard Trading Application Form
• Two photocopies of NRIC / passport
• A copy of the latest annual income statement / latest 3 months salary slips / Form BE / Form EA
• Latest 3 months bank statements.

Eligibility

• Those with a normal trading account with Maybank Investment Bank Berhad

The Short-Term Financing facility operates according to the supplementary terms and conditions as shown here, apart from the normal trading terms and conditions.