Dear Valued Customer,
In line with industry standards to support the transition of Singapore towards a digital nation with the adoption of electronic payment methods, our bank will introduce new cheque fees effective from 7 December 2023 as follows:
| Cheques Service |
Till 6 December 2023 |
From 7 December 2023 |
| SGD Cheque Issuance |
Fee waived until 6 December 2023 |
SGD 1.00 per cheque |
| SGD Cheque Book Issuance |
SGD 15 per book |
| USD Cheque Issuance |
USD 1.00 per cheque |
| USD Cheque Book Issuance |
USD 15 per book |
| SGD Cheque Deposit |
Fee waived until further notice |
Free |
| USD Cheque Deposit |
Free |
*Until 31 December 2025, cheque issuance fees will be waived for individual customers (main/primary account holders) aged 60 and above at the point of cheque issuance.
Alternative Payment Methods
In place of cheques, you can make fast and secure e-payments using other payment methods including PayNow, FAST, GIRO and Remittance via BOC mobile banking.
For more information, please call the BOC hotline at 1800 66 95566 (Singapore) or +65 677 95566 (from overseas).
Bank of China Limited Singapore Branch
7 November 2023
