News

CMCO: Still No RM1 Charge For ATM Withdrawals – Ismail Sabri

PUTRAJAYA, June 1 — The RM1 fee waiver for Automated Teller Machine (ATM) withdrawals made through MEPS will remain in force throughout the Conditional Movement Control Order (CMCO) which is scheduled to end on June 9, said Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob.

He said so far no discussions had been held or applications made to banks to amend the implementation of the fee exemption, which came into force on April 6.

“There are no changes on the RM1 payment (waiver) for withdrawals through ATMs, so we can still enjoy the benefit so far,” he said in his daily press conference here today.

The government had earlier decided that all banking institutions and PayNet should waive the RM1 charge for interbank ATM withdrawals made through the Malaysian Electronic Payment System Sdn Bhd (MEPS), to avoid congestion at bank counters.

Source: BERNAMA

Adib Mohd

Recent Posts

Lambretta Revs Up Malaysian Streets With New X300GT, G350 Series II & Electrifying Elettra Debut

The roar of Italian engines (and the quiet hum of electrons) filled the Malaysia Autoshow… Read More

1 day ago

Krispy Kreme Is Coming to Mongolia in Sweet New Partnership

Mongolia’s dessert scene is about to get a whole lot sweeter. Berjaya Food International Sdn.… Read More

1 day ago

UNIQLO Seremban 2 Now Opened & It’s Their First Roadside Store in Negeri Sembilan

Get ready, Seremban folks! UNIQLO just pulled up to the neighborhood with their very first… Read More

1 day ago

ecoBrown’s Brice Unveils New Truffle Snack with K-Pop Sensation TREASURE at Exclusive Launch in Malaysia

Malaysian snack lovers and K-pop fans are in for a double treat! SW Food, under… Read More

2 days ago

Lactalis Launches PRIDE Family Milk Powder in Malaysia to Build Stronger Bones and Happier Homes

Malaysian families seeking a delicious and nutritious milk powder just got a new reason to… Read More

2 days ago

Malaysia Ranks Among Top Picks for Chinese Travellers This Labour Day, Fueled by Alipay+ Travel Spending Surge

Data from Alipay and other Alipay+ partner payment apps indicates a notable increase in both… Read More

2 days ago

This website uses cookies.