Ramadhan akan menjelma

Islam dipaksikan atas lima iaitu persaksian bahawa tiada tuhan Selain Allah, mendirikan solat, mengeluarkan zakat, berpuasa dan mengerjakan haji di baitullah.

Bulan Ramadhan merupakan bulan yang paling mulia dalam setahun. Allah telah mewajibkan semua umat islam berpuasa pada bulan tersebut dan dia menjadikan puasa dibulan ramadhan itu salah satu dari rukun islam, iaitu rukun yang ke empat. Umat islam juga di syariatkan memperbanyakkan ibadat didalam bulan tersebut.

Selamat menyambut kedatangan Ramadhan, semoga dibulan tersebut kita dapat memperbanyakkan ibadat kerana pahala mengerjakan ibadat dakam bulan tersebut akan dilipat ganda kan.

GreenMan.

Mini workshop @ Putrajaya

IBG

Inter Banking Giro

IBG was implemented by MEPS in October 2000, to electronically handle payment transactions between accounts of different banks. While the central bank’s RENTAS handles large-value funds transactions between banks, IBG is used primarily for high-volume, low-value third-party inter-bank payments.

IBG member banks consist of 14 domestic commercial banks and finance companies, with total annual transactions of 592,000, amounting to RM4.73 billion. There are three parties to the IBG system: remitting financial institutions, system operators of MEPS, and receiving financial institutions. Upon receipt of payment orders from customers, remitting financial

institutions send them to MEPS, which classifies them by receiving banks and executes the transfers between banks. The receiving banks post into the accounts of the final recipient, (beneficiaries) after receipt of entries from MEPS.

You can go to any of these financial institutions:

Affin Bank Alliance Bank AmBank Bank Islam Bank Muamalat Bank Rakyat Bank of America Bank Simpanan Nasional CIMB Bank Citibank Deutsche Bank

EON Bank Hong Leong Bank HSBC Bank Maybank OCBC Bank Public Bank RHB Bank Royal Bank of Scotland Standard Chartered Bank UOB Bank

BERSOLAT DAN DOA BOLEH ATASI TEKANAN

Apabila kita berdepan dengan masalah, biasanya diri akan tertekan malah fikiran menjadi celaru memikirkan masalah yang tiada penghujung. Beberapa perkara perlu diketahui bagi meringankan bebanan yang dihadapi.

• Bersabar dengan apa yang menimpa.
• Anggaplah masalah itu sebagai satu ujian. Kerana dengan ujian, ianya dapat meningkatkan keimanan dan ketabahan.
• Setiap masalah ada hikmahnya seperti dapat mengugurkan dosa.
• Setiap masalah dapat menyedarkan manusia betapa kerdilnya kita sebagai hamba seterusnya memperlihatkan betapa agung dan berkuasanya Allah
• Adanya masalah, manusia dapat membezakan keselesaan dan kesengsaraan. Dengan ini manusia akan sentiasa menjiwai kesyukuran.
• Ingatkan masalah yang menimpa kita lebih kecil dari apa yang dialami oleh orang lain.
• Menyedari kehidupan tidak boleh lari dari masalah.

SPICK

SPICK was introduced by the central bank in November 1997, to expedite the clearing of checks, and is owned and operated by BNM. SPICK’s member institutions authorize their customers to issue checks, and are composed of 12 domestic commercial banks (of which two are Islamic banks) and 14 locallyincorporated foreign banks.

SPICK is available in three regions of west Malaysia (Kuala Lumpur, Penang, and Johore Bahru), and accounts for about 90 percent of the checks cleared in the country (the remaining 10 percent are cleared manually). SPICK is an image-based check-clearing system where incoming check images are sent to paying banks on CD-ROM at the same time as the transmission of data to those banks, for verification signatures without receiving actual checks.

SPICK is operated in the following manner:

• Banks deliver checks for clearing to SPICK by 18:00.
• Checks for clearing are processed, check images are stored on CD-ROM, and data is sent to banks through the Financial Institution Network (FINNET).
• At 9:00 on the following business day, the checks are settled through the accounts of member banks maintained at BNM, with values of the previous day. (Unpaid checks are cleared at 15:30 on the same day.)

SPICK’s usage fees are as follows: RM0.05 per check for inward clearing, RM1.00 per unpaid check, and RM0.04 per check image on CD-ROM.

In addition to regular checks, SPICK handles banker’s acceptance bills, banker’s checks, demand drafts, interest warrants, pension warrants, and drawing vouchers. The number of items cleared in 2002 was 176.43 million, amounting to a total of RM1.081 trillion.

Cheque Truncation and Conversion System (CTCS)

Introduction of the Cheque Truncation and Conversion System (CTCS)

Bank Negara Malaysia wishes to announce the introduction of the Cheque Truncation and Conversion System (CTCS) to replace the current cheque clearing system. Cheque truncation is scheduled to go live on 23 May 2008 and cheque conversion in August 2008, both to be implemented first in the Klang Valley. The rollout to the rest of the country will be carried out in phases; the Penang and Johor Bahru regions by October 2008 and the east coast states and east Malaysia by January 2009.

With cheque truncation, the cheque clearing system in Malaysia will be transformed from one driven by the physical exchange of cheques to the electronic capture and transmission of cheque images and data between the banks and the clearing house. Cheque conversion, is also being introduced as a new facility initially for organisations that receive large volumes of cheques such as the utility companies, telcos, insurance companies and stock brokers. This facility would enable such organisations to convert the data in the magnetic ink character recognition (MICR) code in the cheques received on their own, into payment instructions to debit the drawers’ account. This would facilitate the prompt crediting of funds into their accounts.
The introduction of CTCS is an important step in modernising the cheque processing infrastructure in Malaysia as it paves the way towards the electronification of cheques and reduction of risks and costs associated with paper-based payment instruments. Although in recent years, there has been a shift in the payment mode from cheques to electronic payments, cheques continue to be the dominant payment instrument, accounting for 93% of the non-cash payment value. Hence, enhancing the efficiency of cheque clearing would contribute towards lowering operational costs, the cost of doing business thereby enhancing the overall competitiveness for businesses and the economy as a whole.

Customers and businesses will benefit from the speedier and more efficient cheque clearing system especially in the timing of the availability of funds from the deposit of outstation cheques, cheque conversion facility and the return of unpaid cheques to payees. Under the CTCS, outstation as well as local cheques will be cleared on the same day and funds made available as early as the next business day, compared to between 5 to 8 business days for outstation cheques currently. Express clearing of cheques is also available under the CTCS which provides for same day clearing and funds availability.

To facilitate the implementation of the CTCS and to enable the banks to replace the physical presentment of cheques for clearing, the Bills of Exchange Act 1949 has been amended to allow banks to present the electronic image and data of the cheques for payment. The Evidence Act 1950 also recognizes the computer print out of the image and data of cheques as evidence in court in place of the physical cheques. In addition, the printing of the name of the company and the registration number on the cheque in lieu of rubber stamp, chop or seal, complies with the requirements of the Companies Act 1965.

The longer term benefit from the implementation of CTCS is expected to be reaped by businesses, the banking industry and the country as a whole as the electronification of cheques, in particular, the conversion of cheque payments into electronic payment instructions will spearhead the migration to electronic payments. Capitalising on the high number of ATM cards of more than 21 million in the country, efforts are also being undertaken to position the ATM card as a debit card to be used in place of cash. Efforts are also being taken to leverage on the increasing popularity of the Internet as a channel for undertaking banking and payment transactions. In additions, Malaysia's high mobile phone penetration, will also be leveraged upon to increase the adoption and offering of electronic payment services.