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Finance Minister: BPN 2.0 Payouts Will Take At Least 1 Week To Be Credited

The government initially announced that the cash aid would be deposited into recipients' bank accounts starting 21 January.

Cover image via Salhani Ibrahim/NSTP Bernama

Finance Minister Tengku Zafrul just announced that the Bantuan Prihatin Nasional 2.0 (BPN 2.0) payouts require at least one week to be credited in the bank accounts of all recipients

He addressed the issue in a live press conference today, 27 January, while presenting the 38th Implementation and Coordination Unit Between National Agencies (LAKSANA) report.

He urged recipients to wait patiently as the payout involves a large sum and needs at least a week before it could reflect in everyone's bank accounts.

Initially, the government announced that B40 and M40 Malaysians were to receive the cash aid starting 21 January

He said, "I would like to share that between 21 and 24 January, as many as 6.4 million accounts have received BPN 2.0 payouts and between 25 and 29 January, 3.8 million accounts are receiving or will receive the money."

"Besides that, starting 25 January, about 750,000 recipients without bank accounts have claimed the cash aid at Bank Simpanan Nasional (BSN) branches in Peninsular Malaysia."

Prior to the announcement, netizens took to social media to address the delay in BPN 2.0 payouts

Different categories of people will be receiving different amounts of cash aid under BPN 2.0. Check how much you're getting here:

Meanwhile, the Prime Minister also announced a new financial assistance package valued at RM15 billion to help Malaysian citizens get through trying times:

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