BT EXCLUSIVE
Costlier cheques, e-payment fee waiver to further wean SMEs off cheques
Firms welcome fee waivers on e-payments but say time needed for all vendors and suppliers to make the switch
24 Sep 2019 - 05:50
Singapore
SINGAPORE firms are switching from cheques to e-payments, but the pace is just not fast enough.
To give them a further push, local banks OCBC and DBS are raising cheque fees and, at the same time, offering promotional rates for electronic transactions.
Small and
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