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Personal Banking > Daily Banking > Remittance
Banker's Cheque  

A Banker's Cheque is a cheque issued by the Bank payable to the order of specified payee for payment within a local area. Any variations of rate will be decided by Credit Committee on Remittances products.

Features and Benefits:

All Banker's Cheques are pre-printed with the crossing "NOT NEGOTIABLE".

To be issued for use only within the clearing area of the issuing Bank and if cleared outside the clearing area then the normal outstation cheque commission is payable.
Should be accepted as good by the payee as it has been paid for by the customer at time of issue. It cannot be returned except for technical reasons.
To be used by customers who do not have a current account but wish to make payments by cheques, or in situations when a personal cheque is unacceptable.
Issued in Malaysian Ringgit only.

Click here for FAQs on Remittance

Terms & Conditions Apply

1 Banker's Cheque RM5 and stamp duty of RM0.15

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