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eDividend Services Title
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Who is eligible to register as a user?

This service is namely for companies with a shareholding structure and require dividend payment distributions to shareholders (eg registrars, companies listed in KLSE)
 
How does the eDividend system work?
eDividend system enables direct payment or crediting of dividend payments into shareholders’ bank accounts. Net dividends will be credited directly into the nominated bank accounts of shareholders who opt for this service and the shareholders will only receive dividend vouchers for tax return purposes.
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What are the functionalities in this system?
eDividend system provides the following:
Upload of Dividend Transaction Files
File Upload Verification
Dividend Processing (eg Dividend/tax calculations)
Dividend Issuance Processing
(Auto-Credit and Dividend Cheque printing)

Intrabank Auto-credit and in-house dividend warrant printing
Intrabank and Interbank (ie IBG/RTGS) auto-credit and outsourced dividend warrant printing
Dividend Operations – Transaction processing
Reports
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What are the types of reports available?
Cancelled Dividend Report
Dividend Dispatch Report
Dividend Paid Report
Dividend Payment Report
Re-issued Dividend Report
Rejected Dividend Report
Staled Dividend Report
Stopped Dividend Report
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What are the benefits to your organisation?
Streamlining of dividend payment process
Comprehensive daily reports generation to track transactions
Timely implementation of specific details (such as stop payment instructions) as per client's requirements on a best effort basis
Auto Reconciliation Process
Outsource function
– Reduce Unit Processing Cost (fixed & variables)
– Increase productivity
Auto-credit facility
Timeliness of processing (STP)
Secured processing
Volume insensitive
Focus on customer service / acquisition
Accuracy
 
How do you register as a user?
To be able to sign on to the eDividend system, you have to first register for Maybank2e.net.
1.

If this is the first time you are registering for Maybank2e.net services, select First Time Enquiry (on the left) and fill in the form.

2.

If you are a registered user and you want to apply for another online service, select Additional Services.

3. Our sales administration representative will contact you as soon as we receive your enquiry form.
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How secure is this?
Maybank2e.net is committed in ensuring that the website is secured, safe and confidential.
 
How much will it cost your company?
Services are available at a minimal fee. Please contact us at 1-300-887788 for details.
Note: Services charges apply to successful transactions only
 
How many transactions can I do per day?
Our eDividend system is volumn sensitive. There is no limitation to the maximum number of transactions. You have total reign on the quantity.
 
How will the dividends be paid to the shareholders?
As mentioned earlier, your shareholders are assured of their dividends being credited into their accounts, irrespective of any banks. The eDividend system has the auto-credit facility which will eliminate the possibility of fraud or cheques being lost in transit or stale cheques.
 
How would the shareholders report their dividend statement for income tax claims?
To shareholders whereby the dividends were issued either through interbank or intrabank, a dividend voucher will be sent for tax return purposes.
 
What about printing?
The printing system is undertaken for you. You can expect high quality prints of cheque warrants and tax vouchers. This will ultimately reduce your unit processing cost and increase productivity.
 
Contact us
If you require further information about Maybank2e.net, please contact:
Maybank2e.net Helpdesk at 1-300-887788, fax 03-2711 3436
or e-mail
maybank2e-helpdesk@maybank.com.my

You may also fill in the enquiry form online or contact your appointed relationship manager.

Find out more in FAQ.
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