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Branch & ATMS Locator
Kuala Lumpur, 20 July 2010 - Kuwait Finance House (Malaysia) Berhad (KFHMB) goes live on MEPS Shared ATM Network (MEPS SAN) this week.
Customers are now connected to the MEPS network which facilitates cash withdrawals and balance inquiries between the MEPS member banks' ATMs. All KFHMB account holders have immediate access to their funds through more than 9000 ATMs nationwide.
This is a result from the agreement signed between KFHMB and MEPS in June 2010, making KFHMB the first foreign Islamic bank to offer both MEPS Interbank Giro Payment System (MEPS IBG) and MEPS SAN to customers. MEPS IBG service allows all KFHMB account holders to transfer funds faster and conveniently between 22 MEPS' participating member banks. IBG transactions can be efficiently performed through the Bank's internet banking facility, KFH Online, and soon, over-the-counter.
Commenting on the development, Puan Jamelah Jamaluddin, Chief Executive Officer, KFHMB, said, “This service will further contribute towards the business plans and overall growth of KFHMB. We are able to delight both corporate and individual customers with a more seamless and hassle-free experience. With the implementation of MEPS, we have expanded our network, to serve our customers in areas where we do not have a branch presence.”
“We aim to have our retail business constitute 50 percent of the Bank's undertakings by 2015. Kuwait Finance House Group is renowned for its niche and innovative product offerings. KFHMB will roll-out more of these exciting products and services over the coming months,” she added.
Customers are now connected to the MEPS network which facilitates cash withdrawals and balance inquiries between the MEPS member banks' ATMs. All KFHMB account holders have immediate access to their funds through more than 9000 ATMs nationwide.
This is a result from the agreement signed between KFHMB and MEPS in June 2010, making KFHMB the first foreign Islamic bank to offer both MEPS Interbank Giro Payment System (MEPS IBG) and MEPS SAN to customers. MEPS IBG service allows all KFHMB account holders to transfer funds faster and conveniently between 22 MEPS' participating member banks. IBG transactions can be efficiently performed through the Bank's internet banking facility, KFH Online, and soon, over-the-counter.
Commenting on the development, Puan Jamelah Jamaluddin, Chief Executive Officer, KFHMB, said, “This service will further contribute towards the business plans and overall growth of KFHMB. We are able to delight both corporate and individual customers with a more seamless and hassle-free experience. With the implementation of MEPS, we have expanded our network, to serve our customers in areas where we do not have a branch presence.”
“We aim to have our retail business constitute 50 percent of the Bank's undertakings by 2015. Kuwait Finance House Group is renowned for its niche and innovative product offerings. KFHMB will roll-out more of these exciting products and services over the coming months,” she added.
