Dear Customers,

Following the recent gazettement of the service tax legislations relating to the expansion of service tax scope, the Bank wishes to inform that service tax will be charged on the relevant financial services in a phased approach commencing on 1 July 2025, in accordance with the Guidelines on Financial Services issued by the Royal Malaysian Customs Department.

Service tax will be imposed at a rate of 8% on fee and commission-based financial services.

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 for your understanding.

Bank of China (Malaysia) Berhad
30/06/2025