PETALING JAYA: The RM1 transaction fee charged when utilizing automated teller machines (ATM) will resume on Tuesday (Feb 1).
Several banks together with Maybank, RHB Bank, Public Bank, Citibank and HSBC had uploaded notices of this on their social media platforms in mid-December final 12 months.
In a social media put up on Dec 15, Maybank mentioned the transactional fee could be re-enacted starting Feb 1 for customers conducting interbank withdrawals.
“Our customers can nevertheless nonetheless withdraw from our ATMs for gratis,” it mentioned.
Similarly, a social media put up by RHB Bank on the identical day knowledgeable clients of this re-enactment.
“Kindly be told that efficient Feb 1, 2022, RM1 fee can be charged to RHB Debit Cardholders for every interbank money withdrawal on the ATM of one other financial institution.
“Customers could proceed to carry out money withdrawal with no extra fee at any RHB Bank ATMs,” it mentioned.
Public Bank additionally knowledgeable its cardholders that the RM1 fee could be charged efficient Feb 1.
“Our cardholders can nevertheless carry out transactions at our ATMs with none fee incurred,” it mentioned within the put up on Facebook.
Meanwhile, social media customers voiced their opinions on the matter with some saying the cost would lead to lengthy strains on the machines.
“The interbank ATM withdrawal cost resumes tomorrow. Let’s hope this doesn’t lead to lengthy strains,” a consumer tweeted.
Banks that had carried out these charges had been a part of the Payments Network Malaysia Sdn Bhd (PayNet), which had beforehand introduced that it might be waived from April 6, 2020, till the tip of the motion management order.
PayNet is the nationwide funds community and shared central infrastructure for Malaysia’s monetary markets, with Bank Negara Malaysia being the one largest shareholder, and 11 Malaysian monetary establishments particularly, Maybank, RHB, Public Bank, CIMB, AmBank, Hong Leong Bank, Affin Bank, Alliance Bank, Bank Islam Malaysia, Bank Muamalat and Bank Kerjasama Rakyat Malaysia, as joint shareholders.
