Revision of Stamp Duty for Cheque-related Instruments

05 February 2025

Dear Valued Customer,

Pursuant to the Finance Bill passed on 4 December 2024, the stamp duty imposed on cheque-related instruments will be revised with effect from 1 January 2025 as follows:

Type of Transaction Existing Stamp Duty Payable Revised Stamp Duty Payable
Cheques

 

 

RM0.15 per piece

 

 

RM1.00 per piece


Banker’s Cheque
Foreign Cheque
Traveller’s Cheques
MIDF/MIH Public Issue

 

We encourage our customer to review their financial transactions accordingly.

For any enquiries, kindly visit our nearest branch.

Thank you.