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Finance Ministry commends banks for dropping

PETALING JAYA – Finance Minister Lim Guan Eng lauds the decision by the Association of Banks in Malaysia (ABM) termination of transaction charges on cash and cheque transactions for credit cards and financing repayments over the counter.

Minister Lim Guan Eng said the Association of Banks Malaysia (ABM) decisions shows commitment to serving the consumer needs using the latest technology without burdening them with further financial strain.

The termination of the charges took effect yesterday, September 26, 2019.

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