
Media interview on ‘Breakfast Grill’ BFM, the Business Station
Date: 17 February 2016
Location: BFM89.9 Studio, Bandar Utama, PETALING JAYA
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/
Date: 17 February 2016
Location: BFM89.9 Studio, Bandar Utama, PETALING JAYA
SIDREC successfully concluded its 12th Annual General Meeting (AGM) on 28 April 2022. To mitigate the spread of COVID-19, SIDREC conducted its AGM fully virtually. We
SIDREC Annual Report 2023 will be out soon. Stay tuned!
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