Cash Management - GST Notice
Dear Valued Customers,
The Ministry of Finance announced on Wednesday, 16 May 2018 that the GST rate will be reduced to 0% with effect from Friday, 1 June 2018. All fees and/or charges incurred by customer of AmBank Cash Management services pursuant to the Master Service Agreement/Terms and Conditions; and its supplementary schedule(s) shall be subject to 0% GST.
We have included the revised Transaction Banking Cash Management Standard Fee Schedule, incorporated with pre and post 1 June 2018 Cash Management fees and the revised GST chargeable for your easy reference. To view the revised fee schedule, please click the link (Fees and Charges).
For more information, feel free to browse our FAQs or alternatively you may refer to the General FAQs issued by the Royal Malaysia Customs Department through this link.