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  • Cessation of fees imposed for cheque and cash payments for credit card and financing repayments performed over the counter and at Cash Deposit Machines (CDM)

Cessation of fees imposed for cheque and cash payments for credit card and financing repayments performed over the counter and at Cash Deposit Machines (CDM)

Kuala Lumpur, Tuesday, 26 September 2019 – The Association of Banks in Malaysia (ABM) would like to announce that our member banks will now cease charging fees for cheque and cash payments for credit card and financing repayments over the counter and at Cash Deposit Machines (CDMs).

Currently, certain customer segments are already waived from these charges i.e. for disabled persons and senior citizens.

For walk-in customers, there are available free and convenient alternatives to conduct banking transactions and obtain services as provided via automated teller machines (ATMs).

Our member banks will be communicating with their customers via their respective communication touchpoints (including the banks’ websites) and are ready to assist their customers to familiarise themselves with these alternative channels or on any queries they may have in relation to this matter.




ABM Connect | Toll-free on 1-300-88-9980

ABMConnect provides an avenue for consumers to clarify any doubts and verify information on conventional banking issues.

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The Association of Banks in Malaysia (ABM) was formed in November 1973. Our membership is currently made up of the 27 commercial banks operating in Malaysia.

Since its inception, ABM has been actively involved in various initiatives to promote and strengthen the commercial banking industry to become more resilient, effective and efficient.

Tel No. : +603-2078 8041
Fax No. : +603-2078 8004
ABMConnect : 1300-88-9980

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