Effective 1st September 2009, banks will only accept new design cheques conforming to the eSPICK design standards and specifications for clearing.
This is in line with the rollout of the Cheque Truncation and Cheque Conversion System (CTCS) now known as eSPICK, as previously announced by Bank Negara Malaysia.
The new design cheques are printed with a 2-digit Cheque Digit Validation (CDV) on the MICR Code Line. The old design cheques will not carry the 2-digit CDV.
Here's a sample of the new design cheques:
If you have any unused old cheques issued before 30 September 2007, kindly return them to the Maybank branch where your account is maintained and apply for the new design cheques immediately.
For more info, please call Maybank Group Call Centre at 1-300-88-6688.
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