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Latest Notice » Discontinuation of Receiving Cash Deposits for CGS International Futures Malaysia Sdn. Bhd
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Discontinuation of Receiving Cash Deposits for CGS International Futures Malaysia Sdn. Bhd
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Dear Valued Client, |
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With reference to the matter above, we wish to inform you that effective 1 April 2026 (“Effective Date”), CGS International Futures Malaysia Sdn. Bhd. (“CGS MYF”) will no longer accept or process cash deposits made via (i) Cash Deposit Machines or (ii) Over-the-Counter channels (collectively referred to as “Cash Deposits).
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Any Cash Deposits received through these channels on or after the Effective Date will not be accepted or processed. In the event there are any inadvertent deposits are made vide the channels above, such deposits will only be refunded to the respective client upon a submission of a valid claim by the relevant client, together with complete and satisfactory supporting documentation, and will be subject to mandatory verification procedures. Please note that this may result in delays in the processing of the refunds.
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CGS MYF reserves the right to classify any unidentified or unclaimed deposits as unclaimed monies in accordance with applicable Malaysian laws and regulatory guidelines, including those issued by Bank Negara Malaysia and the Unclaimed Moneys Act 1965.
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Methods for payment are set out in Appendix 1. |
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Timely payment is essential to avoid disruptions to your trading activities, as failed or delayed settlements may occur if funds are not received by CGS MYF within the required settlement timeframe. |
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We appreciate your cooperation in complying with the above requirements. Should you have any questions or require further clarification, please contact our customer service team. |
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Thank you for your continued support. |
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Yours sincerely, |
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CGS International Futures Malaysia Sdn. Bhd. |
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