Monday, 17 February 2020,   22 Jamadilakhir 1441H



Singer customers can now enjoy the convenience of paying installments at over 5,300 BSN agents


KUALA LUMPUR, June 6, 2014 - Bank Simpanan Nasional (BSN) today collaborates with Singer Malaysia Sdn Bhd (Singer) to be the direct channel partner to offer even more convenient locations for installment payment via BSN’s nationwide network of Registered Banking Agents (EBB).

The partnership will immediately see Singer’s monthly installment payment made available at all 5,342 EBB BSN premises (as of May 2014) nationwide. This greatly enhances the ways for Singer customers to perform the monthly payment as EBB BSN will provide a faster and more convenient transaction.

Today's signing ceremony, conducted at the Bukit Kiara Equestrian & Country Resort, Damansara was signed by Mr Yeap Dein Wah, Managing Director of Singer Malaysia Sdn Bhd with Encik Yunos Abd Ghani, Deputy Chief Executive (Community Banking) BSN. The witness signee were Puspa Marina Dato 'Haji Omar, Senior Vice President/Head of Strategic Communications BSN together with Encik Abdul Malek Mohd Yunus, General Manager(Credit Management) of Singer Malaysia Sdn Bhd.

At the ceremony, Mr. Yunos commented: "As of May 2014, BSN’s 5,342 EBB have recorded about 20.2 million transactions amounting to more than RM 1.69 billion.”

"BSN is proud to be given the opportunity to work with Singer, which is an established and well-known company. BSN being the leading Community Bank hopes that with EBB’s success, together with this partnership will benefit the customers of both parties, especially those who are living in rural areas," he said.

Singer’s installment payment transactions will be conducted through the terminal Point-of-Sale (POS) that allows digital transactions to be completed in real-time and at the same time eliminating the need for physical storage. Transactions made through the EBB channels are safe and come at no additional cost, giving customers’ peace of mind-just like when conducting payments at all Singer branches and authorized agents.

Mr Yeap Dein Wah also said: "The collaboration with Singer through BSN’s Registered Banking Agent or EBB will allow a more efficient and easy transaction of Singer’s monthly payments. Singer’s customers no longer need to travel a long distance to the nearest town to make their monthly payments as EBB BSN’s premises are now nearby."

"Singer has been in Malaysia since 1906, is one of the earliest companies to introduce the concept of easy payment to the customer. Our aim is to help provide a comfortable life and improve the quality of their lives without financial burden on the family,” he continued.


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Press Release