Restricted Movement Order: Banks & Financial Services To Continue Operations As Usual

restricted movement order

restricted movement order

As part of the Restricted Movement Order announced by Prime Minister Tan Sri Muhyiddin Yassin, all government and private premises to be closed, with the exception of those that provide “essential services”.

Under the Government’s definition, the list of “essential services” is quite extensive, and includes:

  • Water
  • Electricity
  • Energy
  • Telecommunications
  • Postal
  • Transportation
  • Irrigation
  • Oil
  • Gas
  • Fuel
  • Lubricants
  • Broadcasting
  • Finance
  • Banking
  • Health
  • Pharmacy
  • Fire
  • Prison
  • Port
  • Airport
  • Safety
  • Defense
  • Cleaning
  • Retail
  • Food Supply

From the list, it is confirmed that offline banking services will continue to operate as usual during the Restricted Movement Order from 18 to 31 March 2020. This means you will be able to perform over-the-counter (OTC) transactions as well as access ATM and CDM machines to withdraw and deposit cash respectively. It also means financial services such as RinggitPlus will also operate as usual during this period.

That said, companies are free to set internal policies and other precautionary measures to ensure employees are protected from exposure to Covid-19. This may include work from home policies, social distancing methods such as restrictions to face-to-face meetings, among others.

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