Welcome to the official a hashtag hyperlink #HapusCajRM1 campaign page! Together, we stand united against the unjust RM1 interbank withdrawal fee. This campaign reflects thousands of bank workers who believe that financial services should prioritise people over profits.
Why This Campaign Matters
For more than 27 years, customers have been burdened with the RM1 fee every time they withdraw money from an ATM of another bank. While it may seem small, this fee disproportionately affects low-income groups, including many of our members from the B40 and M40 categories, who are already struggling to make ends meet.
PayNet, the entity managing the ATM network, along with its shareholders—including Bank Negara Malaysia (BNM)and 11 major banks—has the power to eliminate this fee. Despite their substantial profits, these institutions continue to impose this unnecessary burden.
Our
Campaign
Objectives
1
Convince PayNet, Bank Negara Malaysia (BNM) and the 11 shareholder banks to abolish the RM1 interbank ATM withdrawal fee.
2
Raise public awareness about the fee's disproportionate impact on low-income families.
3
Mobilise support to hold these financial institutions accountable for their social responsibility.
Take
Action
Today!
We’ve made it simple for you to join the movement. Use the buttons below to take immediate action:
Sign Our Online PetitionClick the above button and sign our petition to demand the removal of the RM1 interbank withdrawal fee. Every signature counts toward holding these institutions accountable!
Who is
Payments Network Malaysia Sdn Bhd (PayNet) manages Malaysia’s national payment network. It processes trillions in transactions every year and is backed by significant shareholders:
MAJOR SHAREHOLDERS OF PAYNET
- Bank Negara Malaysia (BNM) (Largest Shareholder)
- Affin Bank Berhad
- AmBank (M) Berhad
- Alliance Bank Malaysia Berhad
- Bank Muamalat Malaysia Berhad
- Bank Kerjasama Rakyat Malaysia Berhad
- Bank Islam Malaysia Berhad
- CIMB Bank Berhad
- Hong Leong Bank Berhad
- Malayan Banking Berhad (Maybank)
- Public Bank Berhad 12.RHB Bank Berhad
These institutions collectively contribute to PayNet's immense financial strength. As of 2023, PayNet recorded:
- RM5.15 trillion in transaction volume
- RM2.07 billion current assets.
- RM544 million in revenue
- RM271 million in after-tax profits
This RM1 fee unfairly targets the poor, who often make smaller but more frequent ATM withdrawals to manage their limited finances.
Stay updated with the latest news, articles, and social media conversations about the campaign. Share your voice using #HapusCajRM1 and other campaign hashtags.
Social Media & News LinkClick the above button and sign our petition to demand the removal of the RM1 interbank withdrawal fee. Every signature counts toward holding these institutions accountable!
Sign Our Online PetitionTake Action Today!
Show your support by downloading and sharing our official campaign materials. Use them on your social media platforms or at local events.
VIDEO GALLERY
Hear from everyday Malaysians and NUBE members as they share their stories and express why the RM1 interbank withdrawal fee must go. Together, let’s amplify their voices for change!
Voices of the People: Calling for the End of RM1 ATM Fees
ARTICLES
Explore in-depth articles and insights about the campaign in the three featured articles above.
Click the link above for all social media & news on the campaign
Join the Conversation
#HapusCajRM1
Use our official campaign hashtags to amplify your voice: