Citibank Joins MEPS Network | Ramblings of an e-trader

Thursday, 17 February 2011

Citibank Joins MEPS Network

Citibank has joined the Malaysian Electronic Payment System (MEPS) network, which is good news to all Citibank customers as they can now access their accounts through more than 10,000 ATMs all over Malaysia through 12 member banks in 2,000 locations.

Services that Citibank customers now have thanks to this tie-up include cash withdrawals and balance inquiries on their accounts. These sounds like just basic services initially.

In the second quarter of 2011, Citibank expects to rollout the second phase of this programme where customers will be able to pay their loans, credit card bills as well as transfer funds through the ATM to an account with one of the 17 MEPS member banks.


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