Banks cease charging fees for credit card and financing repayments


KUALA LUMPUR: The Association of Banks in Malaysia (ABM) said its member banks will now cease charging fees for cheque and cash payments for credit card and financing repayments over the counter and at Cash Deposit Machines (CDMs).

In a statement Thursday, ABM said currently certain customer segments were already waived from these charges i.e. for disabled persons and senior citizens.

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