Saturday, March 1, 2014

No more cheques but IBG come April 2014

In case you do not have time to read the memo written in your bank statements', you would not know that effective 1 April 2014, there is a cheque processing fee of RM0.50 to be imposed in addition to the RM0.15 stamp duty per cheque leaf.

As an alternative to circumvent this problem, customers have been advised to switch to IBG or InterBank Giro.

For more info on how to perform an IBG transactions online, click no-more-cheques-but-ibg.


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