• 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.

  • 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.

Terms & Conditions Apply

Products/Items Charges
Issuance of Banker's Cheque/MIDF/MIH Banker's Cheque

RM5 and stamp duty of RM0.15

Cheque processing fee of RM0.50

Replacement of Banker's Cheque/MIDF/MIH Banker's Cheque Reported Lost

Service charge of RM20 (inclusive of stamp duty on Letter of Indemnity and charges for new cheque issued)

Cheque processing fee of RM0.50

Replacement/Revalidation of Stale Banker's Cheque (with original instrument)

Service charge of RM20 flat rate (inclusive of charges for new banker's cheque issued)

Cheque processing fee of RM0.50

Cancellation & Refund of Banker's Cheque/MIDF/MIH Banker's Cheque Reported Lost Service charge of RM20 (inclusive of stamp duty on Letter of Indemnity and charges for new cheque issued)
Cancellation & Refund of Banker's Cheque (with original instument) Service charge of RM2 per cheque
Cancellation & Re-Issuance of Banker's Cheque

Cancellation charges of RM2 per cheque

Reissuance charges of RM5 and stamp duty of RM0.15

Cheque processing fee of RM0.50

Cancellation & Refund of MIDF/MIH Banker's Cheque No charge (Payment via cash/credit account)
Inward Banker's Cheque
RM5