MEPS to introduce funds transfer service to Indonesia


AFTER successfully implementing cross-border ATM cash withdrawals in Malaysia and Indonesia, Malaysian Electronic Payment System (1997) Sdn Bhd (MEPS) is now looking at introducing fund transfer services between the two countries, either by the end of the year or some time in 2006. 

Managing director Datuk Mohd Hata Robani said the cross-border transfer of funds would enable customers from both countries to remit monies to their respective families via ATMs.  

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