Currently, there is an existing stamp duty of RM 0.15 per cheque leaf. For one cheque book with 50 cheques, you will need to pay RM 7.50 just for the stamp duty. Effective from 1st April 2014, you will need to bear the cost of RM 0.65 just to issue a cheque. This is definitely very costly if you issue many cheques per day.
In my opinion, this is a very good way to indirectly enforce people to use Internet Banking as 60.7% of Malaysia's population is already using the Internet. Of course, we still need to use cheque under certain circumstances, e.g. when the transaction amount is more than RM 10000.