Virtual FIMMAC & IES 2022
Announcements Meet us virtually at the Virtual FIMMAC & IES 2022 with the theme of RE:SET from 17 to 18 October 2022. The event will
A SIDREC Info Alert:
Bank Negara Governor announces new requirements lowering the threshold for banks’ daily cash threshold report (CTR), from 1 January 2019.
Banks will be required to report any cash transaction exceeding RM25,000 in their CTR. This reduces the reporting threshold of cash transactions through financial Institutions, from the current RM50,000 to RM25,000.
Customers will be required to provide information (e.g. the source of funds and purpose of transaction) for transactions involving cash amounts exceeding RM25,000.
For more details read, the full story from The Star Online in the link:
https://www.thestar.com.my/news/nation/2018/10/31/only-rm25000-per-transaction-soon-bank-negara-any-amount-higher-than-that-will-be-checked/
Announcements Meet us virtually at the Virtual FIMMAC & IES 2022 with the theme of RE:SET from 17 to 18 October 2022. The event will
SIDREC supports World Telecommunication & Information Society Day. This initiative takes place on 17 May each year to help raise awareness on the importance of
SIDREC successfully concluded its 11th Annual General Meeting (AGM) on 1 June 2021. As a result of the implementation of the total lockdown beginning 1
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