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1. Cheque Clearing Time
Please refer to the table below for the cut-off time.
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Cheque Received Cut-off Time (excluding Public Holidays)
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Currency
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Cut-off Time
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Day
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Remarks
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Via Cheque box
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Over the counter
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SGD Cheque
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1:00PM
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1:30PM
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Mondays - Fridays
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No clearing on Saturdays, Sundays or public holidays
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Local USD Cheque
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12:00PM
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12:30PM
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Mondays - Fridays
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If you deposit the cheque before cut-off time, the fund will be credited to your account in the next working day (after 2:30pm); If you deposit the cheque after cut-off time, the fund will be credited to your account in the next two working days from date of deposit (after 2:30pm).
2. Fees and Charges
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Cheque Charges
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Issuance of Cheque Book
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USD10/SGD10 per cheque book + overseas postage fee where applicable
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Returned Cheque
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USD25/SGD30 per piece
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Stop Payment Cheque
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USD25/SGD30 per piece
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3. Reminders
(1) On the front of the cheque
Please provide the payee’s full name as per bank's record, date of issue, amount in words and numerical (which tally) and ensure the issuer's signature is completed.
Please cross the cheque if it is not meant to be encashed.
Please cross out the word “Bearer” on the cheque if it has to be paid only to the intended payee.
(2) On the back of the cheque
Please provide the payee's full name as per bank's record, payee's account number and contact number.
(3) Please do not deposit stale-dated or post-dated cheques into the Cheque Deposit Box.
Please contact our Customer Service Hotline at 6369 5588 (7*24) if you require any assistance.
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