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7 major banks in Singapore to start charging customers for Singdollar cheques by Nov 1

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 cheques by Nov 1. Other banks will do so by July 1, 2024. Charges for US dollar-denominated cheques will also be implemented in phases, though a DBS spokesman said on Friday (July...
Jackson Wu Wen Jie Madeline Kim Standard Chartered Bank Monetary Authority Of Singapore Association Of Banks

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