cheques

Singapore news

Central cheque processing system faces technical issue

Cheques deposited on Dec 12 will be credited from 5pm on Dec 13.
MAS to eliminate corporate cheques by 2025; banks to start charging for cheques - THE EDGE SINGAPORE

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.

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. 
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