Malayan Banking Bhd (Maybank) has sealed an agreement with the Employees Provident Fund (EPF) for the bank's customers, whether individuals or companies, to make their EPF contributions through its Internet banking websites, Maybank2u.com and Maybank2e.net.
Maybank president and CEO Datuk Amirsham A. Aziz said: Paying EPF contributions via these channels saves time and is cost efficient, as it eliminates the problems associated with manual pay-in, such as queuing, handling of cash or cheque issuance as well as other back-end processing costs.