QuickCheck: Are senior citizens able to claim RM500 in cash from a bank?

RECENTLY, messages have been going around social media and messaging apps claiming that those above 60 years old can go to a local bank to claim RM500 in cash. Is it true that senior citizens can claim the money simply by presenting their MyKad at Bank Simpanan Nasional (BSN) branches nationwide? According to Biar Betul, the fake...