Fee-Free ATM Cashouts Nationwide as Banks Waive RM1 Charge From July 1

Fee-free ATM cashouts nationwide as banks waive RM1 charge from July 1

KUALA LUMPUR: Malaysian bank customers can withdraw cash from any bank's automated teller machines (ATM) or smart recycler machine (SRM) nationwide without paying the usual RM1 interbank fee from July 1.

All ATM withdrawals to be free from July 1

Banks decide to waive RM1 interbank withdrawal fee to help Malaysians 'manage their daily lives'.

Banks scrap RM1 interbank ATM fee from July, giving Malaysians unlimited free withdrawals nationwide

KUALA LUMPUR, June 15 — Customers of all banks in Malaysia can withdraw cash at any bank’s automated teller machine (ATM) or smart recycler machine (SRM) without paying the RM1...

Malaysians Will No Longer Have to Pay RM1 for Interbank ATM Withdrawals From 1 July

Banks in Malaysia will no longer charge a RM1 fee for interbank cash withdrawals at ATMs and Smart Recycler Machines from 1 July 2026. The waiver will cover Malaysian debit cardholders using machines operated by any bank in the country, giving them free access to more than 14,000 locations nationwide. The move was announced jointly by the Association of Banks in Malaysia (ABM), the Association of Islamic Banking and Financial Institutions Malays…

NUBE welcomes end of RM1 ATM withdrawal fee, says consumers are biggest winners - Twentytwo13

The National Union of Bank Employees (NUBE), which launched a campaign to abolish the RM1 ATM withdrawal fee in 2024, says consumers are the biggest winners following the decision by banks to allow customers to withdraw cash from any ATM or Smart Recycler Machine (SRM) without incurring the RM1 interbank withdrawal fee from July 1.

No more RM1 interbank ATM fee from 1st July 2026, unlimited free withdrawals at over 14,000 machines in Malaysia - SoyaCincau

While most Malaysians have gone cashless, here’s some good news for those who withdraw cash frequently from the ATM. The Association of Banks in Malaysia (ABM), Association of Islamic Banking and Financial Institutions Malaysia (AIBIM), and Association of Development Finance Institutions of Malaysia (ADFIM) have announced the waiver of the RM1 interbank cash withdrawal fee at Automated Teller Machines (ATMs) and Smart Recycler Machines (SRMs) na…