New Cheque Proceeding Fee - gainsinfo

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New Cheque Proceeding Fee

   Greeting everyone. Anyone using cheque here? For the information the new cheques proceeding fee will increase by 50 cents will effective start on 1st April 2014.

New Cheque Proceeding Fee
Example of the cheque

   The current fee that existing is stamp duty that cost 15 cents per cheque leaf. A cheque book cost RM7.50 for the stamp duty only. Imagine when the new proceeding system is active, the user of the book cheque need to pay about 65 cents per cheque issues.

For more information:-

Bank Negara Malaysia

The Star

The Malaysian Reserve

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