Don’t use rounding mechanism on fuel


IN April 2008, Bank Negara Malaysia (BNM) introduced the rounding mechanism to the nearest five sen for over-the-counter payments. The rounding mechanism only applies to the total amount of a bill and not on individual items (Source: BNM website).

For whatever reason, the price of petrol and diesel per litre is being rounded to the nearest five sen since the April 2008 ruling.

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Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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