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.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Nation

Shafie: Warisan will work with GE15 winners Premium
Sessions Court postpones decision in ex-Johor exco man Latif Bandi's corruption trial Premium
Six young scientists to represent M'sia at 71st Nobel laureate meeting in Germany Premium
Ban Hong to lead trade and investment mission to Mexico, Peru Premium
Ship capsizes off Sibu, two rescued and two missing Premium
Promote Tawau as gastronomic destination, says Sabah Tourism Minister Premium
Largest ever subsidy of RM77.3bil for 2022 to reduce cost of living for the people, says Tengku Zafrul Premium
Health Ministry issues 284 notices to individuals for smoking-related offences Premium
Firemen find charred remains of two after putting out bungalow blaze Premium
Two missing, two safe after boat sinks near Batang Igan in S'wak Premium

Others Also Read