MEPS establishes ceiling of 50 sen for funds transfer


KUALA LUMPUR: Malaysian Electronic Payment System Sdn Bhd (MEPS), an interbank network provider, today set the ceiling for its real-time Interbank Funds Transfer (IBFT) service fee at 50 sen.

It is a reduction of 50% to 88% from the current fee range of between RM1 to RM4.

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RM 13.90/month

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Annual Plan

RM 12.33/month

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Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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