Bank Muamalat 1Malaysia
 
   
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Fees and Charges
Gratuity Financing for Civilian

Goods and Services Tax (GST) - Effective 1 April 2015

The information provided below is exclusive of GST.
Please be informed that with effect from 1 April 2015, the bank’s charges, fees and commissions will be subject to GST where applicable.


Remittance

Banker's Cheque
Transaction
Type Of Charges
Amount
1) Issuance
Service charge
RM 2.12 per piece
Stamp duty
RM 0.15 per piece
2) Replacement
     a) Stale cheque
Service charge
RM 5.30 per item
Stamp duty
RM 0.15 per item

     b) Lost
Service charge (sending LI for stamping)
RM 5.30 per item
Stamp duty
RM 0.15 per item
Stamp duty (on the Letter of Indemnity)
RM 10.00 per item
Re-Issuance
RM 5.30

Note: Effective 1 April 2015, the amounts shown above are inclusive of Goods and Services Tax (GST) at the rate of 6%, where applicable.


Online Transfer

Transaction
Type Of Charges
Amount
1) Inter Bank Giro for non-basic
    accounts/walk in customer
Service charge
RM2.12
2) Inter Bank Giro for basic accounts
    Note: 1st 5 transactions within the same
    month.
Service charge
Free
3) Interbank transfer via Rentas
Service charge
RM 5.30

Note: Effective 1 April 2015, the amounts shown above are inclusive of Goods and Services Tax (GST) at the rate of 6%, where applicable.


Outward Foreign Demand Draft

Transaction
Type Of Charges
Amount
1) Issuance / Re-issuance
   
    i) Up to RM 5,000 Equivalent
Commission
RM 2.12 per item
 
Agent charge
RM 5.00
    ii) Exceeding RM5,000    equivalent
Agent charge
RM 5.00
2) Replacement
Service charge

USD 15.90 per item

 
Stamping duty on the Letter of Indemnity

RM 10.00

3) Cancellation by customer
Service charge

USD 15.90 per item

 
Stamping duty on the Letter of Indemnity

RM 10.00

Note: Effective 1 April 2015, the amounts shown above are inclusive of Goods and Services Tax (GST) at the rate of 6%, where applicable.


Foreign Collection Items

Transaction
Type Of Charges
Amount
1) Cheque sent for collection
   
     i) USD check up to USD500 in value
Service charge
RM 10.60
     ii) USD check exceeding USD500 in           value
Service charge

USD31.80 per item
(Based on the Bank’s selling counter rate)

     iii) USD check drawn on non US
          countries & other Currency checks
Service charge
Actual Charges
2) Cheque Return
Agent charge
USD 12 per item

Note: Effective 1 April 2015, the amounts shown above are inclusive of Goods and Services Tax (GST) at the rate of 6%, where applicable.


Inward Remittances (Domestic and Foreign)

Transaction
Type Of Charges
Amount
1) Inward remittances received
Service charge

RM 5.30 for Account holder
RM10.60 for non Account holder

Note: Effective 1 April 2015, the amounts shown above are inclusive of Goods and Services Tax (GST) at the rate of 6%, where applicable.


Foreign Outward Transfer (FOT) - All Currencies

Transaction
Type Of Charges
Amount
1) Up to RM 20,000 equivalent
Commission
RM 5.30
Cable charge
RM 31.80
2) Exceeding RM20,000 equivalent
Cable charge
RM 31.80
3) Charge "OUR"
Agent charge
Minimum charges as per below:

  • USD 10
  • GBP 5
  • AUD 10
  • SGD 10
  • JPY 2,500
  • IDR 30,000
  • SAR 31
  • NZD 27
  • HKD 30
  • NOK 60
  • THB 500
  • INR 700
  • QAR 30
  • Or as per claimed by agent
4) Amendment on FOT
Service charge
RM 31.80

Note: Effective 1 April 2015, the amounts shown above are inclusive of Goods and Services Tax (GST) at the rate of 6%, where applicable.


Foreign Currency Notes

Transaction
Type Of Charges
Amount
1) Sale of Foreign Currency notes
Not Applicable
Buying and selling price is not subject to GST
2) Purchased of foreign currency notes
Not Applicable
Buying and selling price is not subject to GST

Note: Effective 1 April 2015, the amounts shown above are inclusive of Goods and Services Tax (GST) at the rate of 6%, where applicable.


Periodical Payment Instruction

Transaction
Type Of Charges
Amount
1) Through IBG
Service charge
RM 2.12 per instruction per month
2) Cashiers Order
Service charge
RM 5.30 per instruction
3) Tabung Haji
Service charge
RM0.64 per transaction
4) Transfer CASA
Service charge
RM2.12
5) Stamping Fee on AFT Application
Stamp Duty
RM10.00 per instruction

Note: Effective 1 April 2015, the amounts shown above are inclusive of Goods and Services Tax (GST) at the rate of 6%, where applicable.


Others

Transaction
Type Of Charges
Amount
1) Inter-bank GIRO Payment System
Service charge
RM 2.12
2) Direct Debit
Service charge
RM 2.12
2) Auto pay (thru counter)
Service charge
RM 2.12
3) Auto pay (EFT)
Service charge
RM 0.11

Note: Effective 1 April 2015, the amounts shown above are inclusive of Goods and Services Tax (GST) at the rate of 6%, where applicable.


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