pakistan
All ATM withdrawals to be free from July 1
Key takeaways
- Under the new initiative, bank customers will be able to withdraw cash from any ATM or SRM without paying the RM1 interbank withdrawal fee.
- The move, which involves all banks in the country, will allow debit cardholders to make unlimited free withdrawals at more than 14,000 machines nationwide.
- “The banking industry recognises that cash remains an important and essential means of payment for many Malaysians in managing their daily lives.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize KUALA LUMPUR: Banks in Malaysia have announced the waiver of fees for interbank cash withdrawals at Automated Teller Machines (ATMs) and Smart Recycler Machines (SRMs) nationwide, effective July 1, 2026.
Under the new initiative, bank customers will be able to withdraw cash from any ATM or SRM without paying the RM1 interbank withdrawal fee.
The move, which involves all banks in the country, will allow debit cardholders to make unlimited free withdrawals at more than 14,000 machines nationwide.
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