Saturday, February 23, 2008

Lowest Online Interbank Transaction Charges


NOTE : THIS NO LONGER APPLIES.
Generally most online banking services in Malaysia charge RM2।00 per online interbank transaction। This can burn a hole in your pocket especially if the amount
transferred in small, making the % huge.





Snap-shot of the charge:

I have mainly tried to use Bank Islam's Online Banking service, for many reasons. One main reason is it only charges RM0.50 for interbank transfers. That is 4 times cheaper then other banks.


Summary :
Pros - Interbank covers all (or nearly all) banks in Malaysia.
Pros - Cheapest इंटर inter-bank Rate I'm aware of.
Pros - Users can also make online donations.
Cons - There is no internet transaction history. Online total (internet and normal) transaction history.


http://www.bankislam.com.my/

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