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Payment Systems

Information on E-payment Services and Fees

Effective 1 October 2014, banking institutions will be publishing the information on selected e-payment services and fees in the websites of Bank Negara Malaysia (BNM), The Association of Banks in Malaysia (ABM), and The Association of Islamic Banking Institutions Malaysia (AIBIM). 

The objective of the initiative is to promote transparency and to facilitate members of the public to conduct comparison shopping on the various e-payment services offered by the banking institutions in Malaysia. Two comparative tables, each for individuals and businesses on selected e-payment services offered by the respective banking institutions together with the fees are now available in BNM’s website.  The tables would also be accessible from the websites of ABM and AIBIM. More detailed information, such as crediting time, operating hours, payment references and transaction limits can be obtained on individual banks’ website by clicking on the respective banking institutions’ names in the comparative tables. Please click the link below to view the comparative tables.