CIMB invests in foreign cash ATMs

KUALA LUMPUR: CIMB Bank is investing about RM4mil to set up South East Asia’s first foreign cash automated teller machines (ATMs) in Malaysia, says head of retail banking Peter England.

“The RM4mil investment is for seven target locations in Malaysia to have the new ATMs service by end of this year. We are also targeting to add 13 more locations for the machines in the next six months. Currently, the foreign cash ATMs are available in KL International Airport, Low Cost Carrier Terminal and Menara Bumiputra-Commerce,” he said yesterday after the launch of the machines.