GST Notice

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GST Notice

31 March 2015

Dear Valued Customers,

Malaysian Goods and Services Tax

As you are aware, the implementation of the Malaysian Goods and Services Tax (“GST”) regime is to take effect from 1 April 2015.

We would like to inform you that we are a GST registered person and the following is our Bank’s registration details:

GST Registered NameAlkhair International Islamic Bank Berhad
GST Registration No001175429120

As we are a provider of financial services, we are required by law to charge you 6% GST on the standard rated supplies. In general, the standard rated supplies would include processing fees, structuring fees, bank charges and so forth. The GST amount can be claimed by your business as an input tax credit if your business is registered for GST purposes.

Further information on GST can be obtained from the Royal Malaysia Customs Department website at www.gst.customs.gov.my

Thank you for banking with us.

Alkhair International Islamic Bank Berhad