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Singapore news
Central cheque processing system faces technical issue
Cheques deposited on Dec 12 will be credited from 5pm on Dec 13.
December 13, 2023
Singapore news
MAS to eliminate corporate cheques by 2025; banks to start charging for cheques
A second public consultation will be conducted in 2024 to set out the initiatives and timeline to eliminate cheques in the system.
July 28, 2023
Singapore still prefers cash over digital payments
SINGAPORE (Sept 5): In tech-savvy Singapore, where almost everyone has a smartphone, nine out of 10 people still prefer to pay for everyday transactions the old-fashioned way – with cash.
September 05, 2017