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Cessation of Cash and Cheque Payments to MIA

December 14, 2021
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Cessation of Cash and Cheque Payments to MIA

In line with Bank Negara Malaysia’s Financial Sector Blueprint for a cashless society, which is aligned with Malaysia’s Digital Economy Blueprint, the Malaysian Institute of Accountants will cease to accept payments through cash or cheque beginning 1 January 2022.

Members can make payments to the Institute through our existing electronic payment channels as follows:

  • Online payment through the MIA member website: mia.org.my that allows immediate update of your payment and submission of your e-receipt. This is the preferred channel. The gateway provides many options of payment mode i.e. FPX, Credit and Debit cards and other e-wallets.
  • Auto debit feature in “my payment” for members to subscribe for payment of their annual subscriptions/PC fee.
  • Payment through electronic funds transfer (EFT)
    • Please indicate the membership number/ invoice number in the EFT payment and email the remittance advice to us to update your payment manually in the system for the e-receipt to be submitted to you.

The use of electronic payments saves time, eliminates the risks associated with handling cash and enhances the efficiency of the processing and tracking of transactions.   

For any queries on payment, please send an e-mail to [email protected].

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