They lauded the move and called on Bank Negara to ensure consumers are protected from other kinds of similar bank charges.
“This is great news, especially at this time when the cost of living is high and tough for the people.“So this is a very positive step by the central bank to help consumers in facing the cost of living issues,” he said when contacted. Consumer Association of Penang president Mohideen Abdul Kader said abolishing the documentation fee would ease the borrowers’ burden.
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