Abolish interbank withdrawal fee to help the people


WHAT is the justification for imposing the RM1 interbank ATM withdrawal fee? The public has been charged this fee for years, but till today, we do not have a clear idea on where the money goes or what it is used for.

From a layman’s point of view, the only conclusion is that this fee is merely enriching some entities at the expense of the rakyat, who are already burdened with the high cost of living.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
finance , banking , fees , ATM

Next In Letters

Implement standards to improve access to digital space�
What the new education plan means for our children
Public speaking� a core skill for leaders
Follow Sarawak’s lead on free school transport, Putrajaya told
Let’s get kids to start the new school term with joy
Raising thinkers in the age of smart machines
Justice on paper, trauma in practice
Raising standards is easy, but closing gaps is hard
Artificial intelligence, the Fermi level, and human value
Industrial interns deserve safety too

Others Also Read