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What about the digitally challenged as more financial entities adopt a digital first approach? Digital inclusivity becomes more of a concern. Serene Koh from OCBC shares insights with Howie Lim. Read more at straitstimes.com.
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...