All corporate cheques will be eliminated by end-2025 while individuals will still be able to use cheques for a period after 2025, MAS announced on Friday (28 July). (PHOTO: Getty) · payphoto via Getty ...
THE Monetary Authority of Singapore (MAS) will extend the deadline to cease the processing of corporate cheques to the end of 2026. This comes after the Association of Banks in Singapore (ABS) said it ...
SINGAPORE: Banks in Singapore will be allowed to process corporate cheques until the end of 2026, to give corporate entities and businesses more time to adopt e-payment modes, said the Monetary ...
A second public consultation will be conducted in 2024 to set out the initiatives and timeline to eliminate cheques in the system. The Monetary Authority of Singapore (MAS) today announced that all ...