Maybank: OTC fee to promote use of ATMs


  • Business
  • Thursday, 03 Aug 2006

KUALA LUMPUR: Malayan Banking Bhd’s (Maybank) decision to impose RM2 fee for over-the-counter (OTC) cash withdrawals is part of its ongoing effort to encourage the use of self-service machines wherever possible. 

The fee would be applicable for OTC cash withdrawals of RM4,500 and below, for selected account categories effective Sept 1, it said in a statement yesterday. 

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