Which Malaysian government minister clarified the ATM fee policy?

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Datuk Fahmi Fadzil Clarified the ATM Fee Policy

Communications Minister Datuk Fahmi Fadzil has clarified the policy regarding the RM1 interbank ATM withdrawal fee, specifying that the exemption applies only to ATMs owned and operated by banks. This clarification addresses public queries arising from social media discussions about the scope of the fee waiver.
Exemption Limited to Bank-Owned ATMs

The RM1 interbank ATM withdrawal fee exemption is exclusively for ATMs that are owned and operated by banking institutions. These bank-owned machines constitute the vast majority, accounting for 84 per cent or nearly 16,000 ATMs nationwide.
Independent Operators Excluded from Waiver

A significant portion, 16 per cent, of ATMs are operated by independent, non-bank entities. These operators function under separate commercial agreements, and thus, the RM1 fee exemption does not extend to withdrawals made at their machines.
Identifying Bank-Owned ATMs

Consumers can readily distinguish between bank-owned and independently operated ATMs. Generally, ATMs managed by independent companies do not display the logo of any specific bank, serving as the primary visual indicator. All ATMs currently owned by banks have already implemented the waiver of the RM1 fee.
Reporting Issues to Bank Negara Malaysia

Customers who are still charged the RM1 fee when attempting to withdraw cash from a bank-owned ATM are advised to file a complaint with Bank Negara Malaysia. Such reports will enable the central bank to take appropriate follow-up action against the involved banking institution.

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Which Malaysian government minister clarified the ATM fee policy?

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