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Imposition of Service Tax on Financial Services

28 April 2025

Dear Valued Customers

Following the gazettement of the service tax legislations in relation to the expansion of service tax scope to financial services effective 1 July 2025, Bangkok Bank Berhad will impose an 8% service tax on relevant fee- and commission-based financial services in accordance to the Guidelines on Financial Services issued by Royal Malaysian Customs Department.

News & Updates

Dear Valued Customers

Following the gazettement of the service tax legislations in relation to the expansion of service tax scope to financial services effective 1 July 2025, Bangkok Bank Berhad will impose an 8% service tax on relevant fee- and commission-based financial services in accordance to the Guidelines on Financial Services issued by Royal Malaysian Customs Department.

new-default-img2.png Apr 28, 25 Imposition of Service Tax on Financial Services