Fahmi: Report RM1 ATM Fee Cases to Bank Negara
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8 Articles
Fahmi: Report RM1 ATM fee cases to Bank Negara
KUALA LUMPUR: Bank Negara Malaysia has advised customers to report any cases where they are still charged the RM1 interbank fee when withdrawing cash from bank-owned ATMs, says Communications Minister Datuk Fahmi Fadzil.
Check for bank logos: RM1 ATM fee waiver only applies to bank-owned machines, says Fahmi
KUALA LUMPUR, July 2 — Communications Minister Datuk Fahmi Fadzil today reminded the public that the RM1 interbank ATM withdrawal fee exemption introduced yesterday only applies to ATMs owned and operated by banks, and not those run by independent operators under separate commercial agreements.Speaking at his weekly post-Cabinet press conference, Fahmi said the clarification was necessary following questions raised on social media over the scope…
Interbank ATM Withdrawal Fee Waiver Only Applies To Bank-Operated ATMs Nationwide
The banking industry’s interbank ATM withdrawal fee waiver officially came into effect on 1 July 2026, allowing customers to withdraw cash from another bank’s ATM without paying the previous RM1 charge. The implementation follows last month’s announcement by Communications Minister Datuk Fahmi Fadzil, who said the Cabinet had agreed to abolish the fee after discussions with Bank Negara Malaysia (BNM) as part of the government’s broader efforts t…
The RM1 ATM fee is gone — but not for every machine in Malaysia
Malaysia abolished the RM1 ATM fee from 1 July 2026 — but only at bank-operated machines. Here is what nobody told you about third-party ATMs like Euronet. The post The RM1 ATM fee is gone — but not for every machine in Malaysia first appeared on Citizens Journal.
Fahmi Urges Malaysians to Report Any RM 1 ATM Transaction Fee to BNM
Communications Minister Datuk Fahmi Fadzil urged bank customers to lodge official complaints with BNM if they still incur the RM 1 ATM withdrawal fee, he told Bernama. Regulators encourage users to report these instances directly to the central bank for further regulatory action. Introducing a national fee waiver yesterday sparked these new regulatory guidelines. Bank Negara Malaysia will take subsequent action against any financial institution …

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