PETALING JAYA: Opensys (M) Bhd has accepted a letter of award from Malayan Banking Bhd worth RM105mil to process the latter’s outward clearing cheques for all its branches nationwide. In a filing with ...
Banks to charge for use of Singdollar cheques by Nov 1, to stop taking corporate cheques by end-2025
SEVEN banks in Singapore – DBS, OCBC, UOB, Citibank, Maybank, Standard Chartered and HSBC – will start charging for the use of Singapore dollar-denominated cheques by Nov 1. Other banks will do so by ...
More people are using e-payment solutions such as PayNow and FAST. Singapore’s banks are reporting a steep decline in cheque use as the country moves toward ending physical cheque payments by 2027, ...
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