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What is the difference between order cheque and bearer cheque? What is a bearer cheque? What is an order cheque?
A cheque is generally known as an Open cheque when it is not crossed whether it is made payable to bearer or order. Cheque in its printed form comes in the following manner: Pay ..... Or Bearer...

Category: Banking & Finance » Banking » Current Account
How do I register for tax? How do I obtain an Income Tax Number?
Your Income Tax Number is a unique reference number that is to be used by you in all dealings with the Inland Revenue Board of Malaysia (Malay: Lembaga Hasil Dalam Negeri Malaysia), abbreviated...

Category: Tax
What are my rights as a taxpayer?
As a taxpayer, you have the rights to: obtain tax information and advice privacy and confidentiality challenge or appeal against an assessment 1. Obtain Tax Information and Advice You have the...

Category: Tax
What are the parts or elements of a cheque?
It is important for you to know the elements of a cheque to ensure that the cheque is properly written since a duly completed and signed cheque acts as an authority to the drawee bank to withdraw...

Category: Banking & Finance » Banking » Current Account
What is the cheque clearing process in Malaysia? How does the cheque clearing process work? How long does it take for a cheque to clear?
Cheque Clearing Process When you deposit a cheque into your account, your bank which is the collecting bank will send it to specific clearing centres to be sorted and dispatched to the drawee bank...

Category: Banking & Finance » Banking » Current Account

Latest Website Reviews

Civil Aviation Authority of Malaysia (CAAM)
Department of Civil Aviation (DCA) was initially established in Singapore in 1947. It was responsible for air services provided in the Federation of Malaya and Borneo. In 1948, it was placed under the purview of the... [Read more]

Category: Malaysian Government » Federal Government » Road and Transport
Jabatan Laut Malaysia
Jabatan Laut Malaysia is also known as the Marine Department Malaysia in English. It is a department under the purview of the Ministry of Transport, Malaysia. The main functions of Jabatan Laut Malaysia are: to... [Read more]

Category: Malaysian Government » Federal Government » Road and Transport
Penang Port Commission (PPC)
Penang Port Commission, abbreviated PPC is also known as the Suruhanjaya Pelabuhan Pulau Pinang (SPPP) in Malay term. Penang Port Commission was established on January 1, 1956 under the Penang Port Commission Act... [Read more]

Category: Malaysian Government » Federal Government » Road and Transport

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