Foreign banks join MEPS


PETALING JAYA: Five major foreign banks in Malaysia have joined the Malaysian Electronic Payment System (MEPS) automated teller machine (ATM) network, which until recently had been the domain of local banks.

Effective next year, HSBC Bank Malaysia Bhd, OCBC Bank (M) Bhd, United Overseas Bank (M) Bhd (UOB), Standard Chartered Bank Malaysia Bhd (StanChart) and Citibank Bhd will form part of the MEPs family, enabling customers to use the ATM facilities on a wider scale.

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