Announcement on Revised Stamp Duty for Cheque Book, Casher's Order, Demand Draft and Bills Collection (Effective 3rd March 2025)
Dear valued customers,
Please be informed that with effect from 3rd March 2025, the stamp duty for cheque related instruments is revised as follows: -
Type of Service | Existing Stamp Duty | Revised Stamp Duty |
---|---|---|
Cheque Book Issuance | RM 0.15 per leaf | RM1.00 per leaf |
Casher's Order Demand Draft Clean Bill MIDF/MIH new share issue |
RM 0.15 | RM1.00 per cheque |
The above revision is in line with the Finance Act 2024 gazetted on 31st Dec 2024 and the effective date for stamp duty rate changes was from 1st January 2025 onwards. This stamp duty is payable to Lembaga Hasil Dalam Negeri (LHDN).
Should you require further clarification on this matter, please do not hesitate to contact us at 603-20595566 or e-mail to callcenter@bankofchina.com.my.
Thank you.
Bank of China (Malaysia) Berhad
14th February 2025