In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque ...

Whether the cheque in question was authentic or part of a clever viral stunt, the situation highlights an important point: many people still struggle with understanding basic financial procedures.

A major bank will no longer allow its 1.2 million customers to deposit cheques, as the finance sector continues to digitise in line with the demands of modern consumers.

Direct debits within the bank will cost K1,175. In addition to these changes, the new tariffs will also see an increase in ...

SEREMBAN: Bank Muamalat Malaysia has denied claims that it refused to accept a cheque from a customer here last week because it was "non-halal." Its head of banking operations Muhamad Radzuan ...