2. When will these cheque charges be implemented?
From 1 January 2024, we will charge S$1.00 for each SGD cheque issued, and US$1.00 for each USD cheque issued. For customers aged 60 and above, charges will be automatically waived and reflected in the account in the following month.
3. Will these cheque charges be applicable for both SGD and USD cheques?
Yes, the fees will be applicable for both SGD and USD cheques.
4. Will I be charged for cheque deposit?
No, the fees are only applicable for cheque issuance.
5. What are the alternative payment methods that I can use?
Individual customers are encouraged to explore alternative payment modes which are faster and more convenient.
