Interbank GIRO transfer charge is only 10 cents!

Effective 2nd May 2013, that is, the day after tomorrow, an interbank GIRO transfer will only cost you RM0.10.  Yes.  10 cents.  Which means that we can happily transfer money from one bank to another and for each transaction, we will be charged 10 cents.  At present, CIMBclicks charges RM1 per transaction and Maybank2u charges RM2.  This is surely one of the many more great news to come when the coalition forms the gevernment soon, he he.  A news that I have been waiting for so long, and I think should have been implemented years ago.  No more cheques alright because a piece of cheque costs you 15 cents ;)