Announcement - Updates on Terms and Conditions Governing DuitNow
Effective 11th April 2020, updates will go into effect on the Terms and Conditions Governing DuitNow.
The following is a summary of the changes in bold, for your convenience. We recommend that you should read and understand the updated documents as well.
- Terms and Conditions Governing DuitNow
These Terms shall be read together with the BOCM’s General Terms and Conditions Governing Electronic Banking, General Terms and Conditions Governing Accounts and Terms and Conditions Governing National Addressing Database (collectively known as “the General Terms and Conditions”). In the event of inconsistency between the General Terms and Conditions, the Terms shall prevail in relation to DuitNow. - Clause 8 General
8.1 We reserve the right to revise at any time, the fees and charges for the use of the DuitNow services, by giving twenty one (21) days prior notice to You. If you continue to access or use the DuitNow services after such notification, You shall be deemed to have agreed to and accepted such revisions to such charges. 8.2 You acknowledge that We may cancel, terminate or suspend the DuitNow services at any time and with prior notice to You. You shall not be entitled to make any compensation against Us for any and all losses or damages suffered or incurred by You as a result of or arising from such cancellation, termination or suspension of the DuitNow services. 8.3 You acknowledge that We reserve the right to change, amend, vary, delete or modify these Terms herein, wholly or in part, at Our absolute discretion, at any time by providing You with twenty one (21) days prior notice in such manner as We deem fit. 8.4 You consent to the collection, use and disclosure of your Personal Data by Us, Our affiliates, Our service providers and the DuitNow Operator as required for the purposes of the DuitNow services. 8.5 These Terms are governed by and shall be construed in accordance with the laws of Malaysia.
Updated documents as below:
