Where do I get Deposit Slips?
It is made up of two services; iB Cheque for local currency payments and Demand Draft for foreign currency payments. Please see below for the features of each one. What services does iB Cheque PayEasy provide? Demand Draft - allows DBS iBanking users to purchase a foreign currency Demand Draft online, and mail it to any individual or organisation locally or abroad.
For a step-by-step guide to using this service, please see our help pages here. What are the advantages of the iB Cheque service?
Using the "iB Cheque" facility has the following advantages: You can send out a cheque even though you do not have a Current account. Convenience of sending out your cheques anytime, from anywhere. Another way to make payments with your Cashline account. You do not need the bank account details of the party you wish to pay.
Greater convenience as the bank will mail out the iB Cheque on your behalf. Who can use this facility? Do I have to pay for using this facility? This service will be free with effective 04 May Who can I pay using the iB Cheque service?
You can pay any person with a valid Singapore postal address and a valid bank account with a Singapore bank. The iB Cheque can only be deposited directly to the payee's account with a bank in Singapore, and it cannot be cashed out at the branch. Can I pay my bills using the iB Cheque service?
Yes, the iB Cheques can be addressed to local organizations for payment of your bills.
For example, credit cards, telephone, utilities bills etc. How will the individual or organisation receiving the iB cheque know what it is for? You can state the purpose of payment in the 'Comments' field when you apply for the iB Cheque.
The comments entered will appear in the payment advice attached to the iB Cheque. The payment advice will also contain your name and the type of account you have used to fund your iB Cheque.
Your account number will not be revealed. How long is the iB Cheque valid for? Each iB Cheque shall be valid for a period of two 2 months from the date printed on the iB Cheque.
What happens after the iB Cheque expires? The cheque amount, less the non-refundable commission charge, will be refunded to the debiting account or other account with DBS Bank, and a notice of refund will be sent to you by ordinary post.
Which of my accounts can I use for issuing an iB Cheque?
You can use of any of your current, savings or Cashline accounts to purchase an iB Cheque. However, they cannot be joint-all or trust accounts. Is there a maximum limit on the payment amount?
When will the payment amount be debited from my account?To order your cheques: From the Accounts Summary page, select ‘Account Services’ from the right-hand menu. Select "Order New Cheques.". Choose the appropriate account from the dropdown menu and follow the instructions to complete your order.
What Is a Counter Cheque? A counter check is a check with blank spaces for the account information. Banks give these out to customers who have not yet received pre-printed checks. They may also give them to customers who have no other means of withdrawing cash from their accounts.
Since counter. Locate the area of the site to pay a bill online and select the option to do so. Enter the desired payment amount. Select the desired payment date. The site will either display a calendar with instructions to click on the specific day or prompt for the date to be typed.
Locate the . The branch transit number, financial institution number, and bank account number are located at the bottom edge of your cheque. Branch transit numbers are always 5 digits long and financial institution numbers are always 3 digits long.
Only money you’ve earned and put into your bank is YOUR money.
Any accidents or mistakes xfering in money that doesn’t belong to you, is still NOT your money. Most of the typical American check's surface (cheque, in non-American English) is self-explanatory. There is the account holder's name and address, the check number, blank space to write in the payee's name, a box to write in the dollar amount in digits, blank space to write in the dollar amount in letters, an area for a memo and finally the area to .