As u all known, the rounding mechanism has started 1st of April 2008...but i have some question wan to ask regading this issue..
the rounding mechanism is to round upwards or downwards in order to the nearest multiple of 5 sen.
recently i have paid my insurance premium about rm2576.
64 but after rounded up i should pay rm2576.
65...may i know is it a good for end user or not?? it seems like eat our 1 cent...
but if total bill is like rmxx.61 then only pay rmxx.60....then what are the benefits between pay more and pay less?
BNM Rounding Mechanism