The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have launched a new payments entity ...

Cheque fraud skyrocketed to $401 million in the year to March 2023 — a fivefold increase — making it the second ... “We do issue cheques, but I can tell you that cheque acceptance in ...

In the past few weeks alone, dishonoured cheques worth 8 crore have been recorded — just as the financial year nears its end. In 2024-25, nearly two lakh property owners opted to pay their taxes ...

Junior staff at Maybank Singapore will receive a one-time payment of $1,250 to help them cope with rising living costs, according to a statement released by the bank on Friday (Feb 28). All junior ...

Usually, banks issue chequebooks to savings account holders. Banks issue cheques to both current account holders and savings account holders. In this era of UPI and digital transactions, the ...

SINGAPORE — Users of cheques will have two new electronic payment methods from mid-2025 as part of Singapore's move to gradually phase out corporate cheques. The two methods will allow deferred ...

SINGAPORE - Seven major banks in Singapore – Citibank, DBS Bank, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB – will begin charging individuals for Singapore dollar-denominated ...

SINGAPORE – Corporate cheque usage in Singapore has dropped significantly over the years, but getting rid of it entirely is not so straightforward. Certain businesses will need help to ...

StanChart and DBS served as markers for Maybank’s long-awaited debut – the trade had been in the works for two years and the bank announced investor roadshows on March 25 to discuss its US$10bn ...

ANZ will no longer issue cheque books to old and new accounts from June, citing declining use. One of Australia’s major banks has announced a huge change to how thousands of people do their ...

ANZ will no longer issue cheque books to old and new accounts from June, citing declining use. One of Australia’s major banks has announced a huge change to how thousands of people do their ...

ANZ will no longer issue cheque books to old and new accounts from June, citing declining use. One of Australia’s major banks has announced a huge change to how thousands of people do their ...