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

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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