Banks axe transaction fees


  • Nation Premium
  • Friday, 27 Sep 2019

PETALING JAYA: All 26 commercial banks in Malaysia have decided to drop the charges for certain cash and cheque transactions for credit card and financing repayments, just two days after widespread public uproar.

The charges were initially RM2 per transaction over the counter, and 50 sen for payments made using cash deposit machines and cheque deposit machines.

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