Finance Minister Lim Guan Eng confirmed in a statement today that the Association of Banks in Malaysia has terminated the charges. — Reuters pic
“The ministry welcomes the termination of transaction charges imposed by commercial banks on cash and cheque transactions for credit cards and loan repayments over the counter of up to RM2, and at Cash Deposit Machines of up to RM0.50,” he said in a statement. Lim said the transaction charges were first implemented in December 2017 under the previous government to promote migration to e-payments.
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Finance Ministry lauds banks for dropping transaction feesPETALING JAYA: The Finance Ministry has commended the move by commercial banks to drop the charges for over-the-counter cash and cheque transactions for credit card and financing repayment. It was the Star that broke the news that ended this nonsense! Was it not the duty of YBs to protect the interest of the Rakyat in the first place? Or, everybody (YBs) scrambling to save their arses in the coming 15th GE? 😜 Should blam The Star to leak the news It was peoples awareness thru responsible media reporting and finally peoples power..Who can say NO...to their reasonable request and requirement..chedetofficial guanenglim anwaribrahim
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