Ocbc personnel arranged someone to call and confirmed my mailing address is correct and i just have to wait for the letter to reach me. Fresh funds refer to funds not transferred or withdrawn from existing ocbc bank deposit accounts and redeposited or funds in the form of ocbc bank chequecashiers orderdemand drafts. Additionally, with cash deposit and cheque deposit machines at most ocbc. There is no shortage of lowcost roboadvisers in singapore. Internetmobile banking services including pay anyone will not be available 12am to 6am.
With effect from 3 may 2017, we will be charging a cheque book fee for the second and subsequent cheque books that we issue to our customers for selected currentcheque accounts the selected accounts. I left it alone as i did not have any ac with this bank. Sgd current account 1 monthly fallbelow fee applies if minimum average daily balance is not met. It has moved from a paper and cash transactionbased system to one with a. Took a quick look at ocbc 360 account and it seemed like a pretty good deposit account that pays an attractive interest amount, maximum of 3. Alternatively, you may request for a new chequebook via any ocbc atm with your atm card or via corporate phonebanking with your phone code. Account mailing address ocbc branch selfcollection other. I went to ocbc bank to close an account, asking the balance money. There is a separate fees and charges guide for business banking products. Hardwarezone forum insider on facebook page 14 of 63. Chargeable transactions include cash deposits including bulk cash and withdrawalcash cheque encashment.
Select transfer and click on more transfer services. A cheque book is issued free of charge when you open an ocbc basic current account. Stay vigilant against scams that use covid19 as bait. Sections 36 cover the remaining fees which could apply to your account including fees relating to loans and lending, and government taxes and charges. It contains the salient fees and charges applicable to easicredit accounts. Mailing of cheque book order cheque by ordinary mail. Seng lee is a fulltime stayathome dadblogger since 2015. Ocbc stands out from the other 2 banks, as they have account types tailored for businesses in different stages. For full details, please read the overseachinese banking corporation limited terms and conditions governing personal line of credit accounts. What are the details i need to provide on the cheque to deposit. Which bank branches will still be open during the circuit. For subsequent cheque books issued, a charge of sgd10 per cheque book will apply. Yes, internet banking is provided for ocbc basic current account holders. Customers can deposit echeque to ocbc wing hang accounts including bank accounts and credit cards through the echeque drop box service provided by hong kong interbank clearing limited.
Cheque clearing fee refers to fee charged on a cheque that has been issued and presented to the bank for clearing. Charges will be waived for the first cheque book issued upon account opening. Ensure that your full name, date, amount in words and figure which tally and issuers signature are. The business growth account caters to startups, business entrepreneur for growing businesses, and business entrepreneur plus for larger companies. Telegraphic transfers to ocbc commission same as fees for.
Log in to digibank online with your user id and pin. Cheque outsourcing setup fee sgd 250 monthly fee sgd 100 customise corporate cheque setup sgd 500 local bank cheque cashiers order sgd 5. These new andor increased fees and charges are applicable to. If you need a cheque book urgently, please call us at 1800 363 3333 before 10am for same day delivery between 2. Additionally, with cash deposit and cheque deposit machines at most ocbc branches. Cheque and save account standard chartered singapore. Cheques are no longer as widely used as it used to be, but some businesses and organisations still. If you would like to apply for a cheque book, you may fill in the cheque book request form or call ocbcs customer service officers at. Will the bank charge me if other currencies nonsgd and usd nonlocal clearing. Cheque book charge premier easisave account not applicable.
Ocbc bank shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided. Transactions such as interbank transfers and bill payments can be conducted. Download the full pricing guide for premier banking. Ocbc roboinvest will only proceed with the rebalancing once a customer has given his consent within two weeks from the date of trigger. We pass on government charges and taxes to customers at the time they are payable. You will need to provide your full name as per banks records, your bank account number and your contact number at the back of the cheque before depositing it at our quick cheque facilities. You can access your account information anywhere and at anytime. Individual account opening and application for the maybank covid19 relief package for unsecured credit facilities, home loans, smes and etiqa insurance will only be available online during this period. Cheque book sgd 5 cheque image retrieval clearing date within one year sgd 20 between one to three years sgd 30 more than three years sgd 50.
A couple of days ago, i was billed by anz for holding this moneyline ac. For instance, stashaway has no minimum investment limit, and. For multicurrency accounts, minimum average daily balance is determined based on aggregated. For details, please refer to ocbc wing hang bank service fees. You may request for a cheque book for the 360 account if you need it from any ocbc branch.
Cheque books will be delivered to your account mailing address via normal mail in 5 working days. The placement amount for all time deposit promotions must be in fresh funds only. Deposit account current account you can choose to have a cheque book, comes with estatements. Bank accounts for singapore companies corporateguide. Cash transactions, cheque deposit services and payment services including remittance will be available at the remaining nine branches. Cheque book will not be automatically issued to you. Under other services, click on purchase cheque mail. One of the next steps for the setting up of your new company is to have a bank account, for receiving funds from your customers as well as manage the cash for the companys operations. As a househusband, he is prudent with household expenses. Apply for your cheque book online on ocbc online banking or ocbc. For courier delivery, if there is no one to receive the chequebook at the delivery address provided, the chequebook will. Rm10 every 6 months waived with monthly average balance of. Payment, clearing and settlement systems in singapore. Ocbc launches roboinvestment service for account holders.
He also writes on how to save money on daily use products and earning an income from these expenses. To enjoy lower finance charges for the retail transactions, you should make at least 10 prompt payments in the last 12 months. Cpss red book 2011 331 introduction the evolution of singapores payment, clearing and settlement systems has been driven by technological progress, changing consumer needs and the development of new financial activities. Cheque book charges with effect from 1 june 2008, the bank will implement a cheque book charge for all types of individual sgd chequeing accounts except uob high yield account.
1443 1573 970 1435 176 803 493 1048 1233 821 915 563 361 1098 520 837 1232 1481 120 1595 391 335 630 1252 218 801 1055 1212 1267 96 899 716 401 1022 1327