Latest news with #SenaiAirport
The Sun
23-04-2025
- Business
- The Sun
S'porean ex-presidential candidate praises M'sia's interbank ATM system—locals say, 'we've had it for decades'
FORMER Singapore presidential candidate Tan Kin Lian was recently surprised with Malaysia's banking infrastructure, offering praise during a visit to Johor. While rushing to get cash at Senai Airport, Tan saw an ATM from an unfamiliar bank—but was still able to make a withdrawal from his Maybank account. ALSO READ: 'Not used to inefficiencies in other countries' - Singaporean tries to set up bank account in M'sia, says its giving her a 'headache' 'It was the first ATM that I saw at Senai airport. I was able to withdraw cash from this ATM from my Maybank account as it is linked to the MEPS clearing system. 'I had to pay RM 1 as a service charge. I do not mind paying this service charge as it saves me from looking for the ATM of my bank. 'This is more efficient than asking individual banks to set up their own ATMs. 'Many petrol stations and convenience stores in Malaysia also offer ATM service that allows their customers to withdraw money by paying a RM 1 service fee. 'Singapore does not have this arrangement. It leads to high operating costs in Singapore,' he wrote on Facebook. His post shed light on how Malaysia's cross-bank ATM system simplifies cash access nationwide—including at petrol stations and convenience stores—offering flexibility to both locals and travellers. The post sparked discussion among netizens, many of whom were surprised to realise the everyday convenience they often took for granted. One user, presumably a Singaporean named Wong Sunny, commented: ' Yes, such ATM facilities offer convenience and wide choices of Malaysian banks cards are accessible. I like it.' 'This system has been available in Malaysia for decades,' Aloha Snackbar wrote.
The Sun
23-04-2025
- Business
- The Sun
S'porean ex-presidential candidate praises M'sia's interbank ATM system
FORMER Singapore presidential candidate Tan Kin Lian was recently surprised with Malaysia's banking infrastructure, offering praise during a visit to Johor. While rushing to get cash at Senai Airport, Tan saw an ATM from an unfamiliar bank—but was still able to make a withdrawal from his Maybank account. ALSO READ: 'Not used to inefficiencies in other countries' - Singaporean tries to set up bank account in M'sia, says its giving her a 'headache' 'It was the first ATM that I saw at Senai airport. I was able to withdraw cash from this ATM from my Maybank account as it is linked to the MEPS clearing system. 'I had to pay RM 1 as a service charge. I do not mind paying this service charge as it saves me from looking for the ATM of my bank. 'This is more efficient than asking individual banks to set up their own ATMs. 'Many petrol stations and convenience stores in Malaysia also offer ATM service that allows their customers to withdraw money by paying a RM 1 service fee. 'Singapore does not have this arrangement. It leads to high operating costs in Singapore,' he wrote on Facebook. His post shed light on how Malaysia's cross-bank ATM system simplifies cash access nationwide—including at petrol stations and convenience stores—offering flexibility to both locals and travellers. The post sparked discussion among netizens, many of whom were surprised to realise the everyday convenience they often took for granted. One user, presumably a Singaporean named Wong Sunny, commented: ' Yes, such ATM facilities offer convenience and wide choices of Malaysian banks cards are accessible. I like it.' 'This system has been available in Malaysia for decades,' Aloha Snackbar wrote.
Hype Malaysia
22-04-2025
- Business
- Hype Malaysia
'So Efficient': Singaporean Man Praises Malaysia's Bank System After Using ATM At Penang Airport
The never-ending rivalry between Malaysia and Singapore across various categories has always been highly entertaining. While some take these debates seriously, others engage purely for fun. The neighbouring countries have sparred over food, airport services, and even the cost of living. Now, a new contender has entered the ring: Automated Teller Machines (ATMs). Over the weekend, a Singaporean man was surprised to discover a feature of Malaysian ATMs that apparently doesn't exist in Singapore. So, what did he have to say about the service? Let's find out: Former NTUC Income CEO Tan Kin Lian recently visited Penang, possibly on holiday, as he was seen at several popular tourist hotspots around the state. During his trip, he shared his thoughts on the food, services, and prices of various items, but the one thing that immediately caught his attention upon arrival was the ATM at Senai Airport. The businessman needed to withdraw some cash and used the first ATM he came across, which was a Bank Muamalat ATM. He was surprised to find that the machine supported the Malaysian Electronic Payment System (MEPS), allowing him to easily withdraw money directly from his Maybank account. 'I had to pay RM1 as a service charge. I don't mind paying this fee, as it saves me the trouble of searching for my bank's ATM. This is more efficient than asking individual banks to install their own machines,' he wrote. The politician also informed his followers that these machines are widely available at petrol stations and convenience stores across Malaysia, allowing customers to withdraw cash for a RM1 service fee. 'Singapore does not have this arrangement. It leads to higher operating costs in Singapore,' he added. Tan Kin Lian's post caught the attention of many Singaporeans, with some agreeing that the MEPS service in Malaysia is indeed convenient. However, others pointed out that certain ATMs in Singapore do offer a similar feature without any fees. A few also suggested that the businessman should go cashless, as it would save him the hassle of withdrawing cash. Do you agree with Tan Kin Lian's opinions? Source: Facebook
