Notification on cheque processing fee of RM0.50 per cheque effective 1 April 2014


Please be informed that effective 1 April 2014, a cheque processing fee of RM0.50 will be imposed to client on each cheque issued. This is in line with Bank Negara Malaysia to reduce the issuance of cheques and to encourage online banking. We encourage customers to use Interbank Giro(IBG) fund transfers at RM0.10 per transaction instead of issuing cheque.


In view of the above, TAF is planning to implement online payment for customers' withdrawal via GIRO effective on 01 April 2014. All customers are require to give their valid banking details as per the following.


Details required:
1. Client Code
2. Beneficiary Name
3. Beneficiary Bank Account Number
4. Beneficiary Bank
5. Beneficiary IC number
6. Islamic Bank or Conventional Bank


You may email the above information to Ms Hui Ling at or to Ms Saroja at


Please call us at 03-2072 1277 ext 9617 / 1539 for further clarification.