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Maybank Gold Investment Account (MGIA)

How to buy and sell

Buy and sell via Maybank2u.com

Enjoy the convenience of managing your Maybank Gold Investment
Account (MGIA) online via Maybank2u.com. Click here for details.

Purchase with Maybankard Debit and Credit Card

You can now buy gold with your Maybankard Debit and Credit Card *
(Visa and MasterCard) at selected Maybank branches.

*There will be no TreatsPoints earned from any purchase of gold with
Maybankard Debit or Credit Card




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)
 
Maybank Gold Investment Account
DATE SELLING (RM/g) BUYING (RM/g)
26-Apr-13 147.13 140.96
Last update : 26-Apr-13 at 02:58:14 PM
 
Maybank Gold Investment Account
DATE SELLING (RM/g) BUYING (RM/g)
26-Apr-13 146.01 139.91
Last update : 26-Apr-13 at 03:54:49 PM
 
Maybank Gold Investment Account
DATE SELLING (RM/g) BUYING (RM/g)
29-Apr-13 146.25 140.16
Last update : 29-Apr-13 at 02:32:05 PM
 
Maybank Gold Investment Account
DATE SELLING (RM/g) BUYING (RM/g)
30-Apr-13 145.55 139.49
Last update : 30-Apr-13 at 02:33:55 PM
 
Frequently Asked Questions

1. What is the minimum amount required for me to open MGIA?
The minimum amount required to open MGIA is only 1 gram.

2. What is the minimum subsequent investment/withdrawal amount for MGIA?
The minimum investment/withdrawal amount for MGIA is 1 gram.

3. What are the documents required to open a MGIA?
Similar to the opening of any savings or current account, you will be required to bring along
your IC for verification purpose. You will be also be required to fill up the necessary forms
once you are at the branch.

4. What are the options available for me if I wish to invest in my MGIA?
You can invest in your MGIA with cash or credit directly into your current/savings account
maintained with Maybank.

5. What are the options available for me if I wish to withdraw from my MGIA?
You can withdraw your MGIA and have the option of payment in the form of cash or credit
directly into your current/savings account maintained with Maybank.

6. Why is interest not paid for MGIA?
When you purchase gold through MGIA, this is recorded into a passbook. The Bank actually
keeps the gold in safe custody for you, and as such, interest is not paid.

7. Is there a minimum balance I need to keep at all times?
Yes, you must maintain a minimum balance of 1 gram at all times.

8. What happens to my existing Gold Savings Passbook Account (GSPA)?
There will be no change to your existing GSPA as MGIA is a new name for GSPA with
enhanced features. If you wish to change your passbook to the new look, you may opt to do so
at any of our Maybank branches nationwide. However, if you would like to keep your old
passbook, it is also acceptable.

9. Will the gold price quoted daily be better than at goldsmith shops?
The price of gold quoted daily will be pegged to the international gold price and will
definitely be better than goldsmith shops without the usual "workmanship" charges.

10. When is the right time to purchase gold?
The recommended time would be when the price of gold is low.



:)cgrock
 
Maybank Gold Investment Account
DATE SELLING (RM/g) BUYING (RM/g)
2-May-13 145.81 139.70
Last update : 02-May-13 at 08:49:14 AM
 
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