Posb Cheque Deposit

Do you like to receive cheques? I sure do! It means money is coming into my bank account.

But, how to bank in cheque?

POSB Bank Branches & ATMs. All our branches / centres will close from 1.00pm on 11 February 2021 (Thursday) to 13 February 2021 (Saturday) for Chinese New Year. Business will resume on 15 February 2021 (Monday). You may locate the branches and their operation hours with the search function available below. Banking services at our self-service. Important information. Cheques are valid for 6 months from date of issuance, unless otherwise stated on cheque. Locate a Quick Cheque Deposit Box near you or visit our 24/7 Self-Service branches!; Select cheque. Drop cheque at the Quick Cheque Deposit Box (QCD). These collection boxes are available at the banks’ branches in Singapore. POSB/DBS also have Quick Cheque Deposit Machine (QCM) for their customers Also read: How long for bank cheque clearance. How To Check POSB/DBS Branch Code/Bank Code/SWIFT Code When you want to set up a funds transfer from another bank to your POSB/DBS account, you need to know what is the branch code. No matter where it is located, be it Tampines, Yishun or Clementi, all POSB accounts have a standard branch code of 081. It will take a further business day if you scanned a cheque after 9pm. Locate a Quick Cheque Deposit Box near you or visit our 24/7. In response to the FDIC’s heightened concerns, banks started putting their strategies in place—as best they can, facing the degree of uncertainty that’s at play. After completing your deposit, mark the front of the cheque so that you know it has been.

I always forget what to write on the reverse side of the cheque every time I want to drop cheque.

With this article on hand, it will be easy to bank-in cheque to your bank account quickly.

Posb Cheque Deposit

Check the Bank Cheque Issued

First thing first: Check the following details are filled in correctly:

1. Double cross at the top left-hand corner of the cheque (means: cheque not meant to be encashed)
2. Cross out the word “BEARER” (means: it’s meant for an intended party stated on the “Pay” line)
3. Your full name as per bank record on the “Pay” line
4. “Date” boxes are filled up (cannot be a future date)
5. The amount in words and figures tally
6. “Signature line” is signed
7. Any amendments are counter-signed

Information Needed For Cheque Deposit

Provide your bank details on the back of the cheque:

1. Your Full name as per Bank’s records
2. Bank account number
3. Contact number

Posb Cheque Deposit

How To Deposit Cheque

Posb Cheque Deposit Box

After you have checked the cheque details and filled in your own bank details,

You can:

1. Drop cheque at the Quick Cheque Deposit Box (QCD). These collection boxes are available at the banks’ branches in Singapore.
2. POSB/DBS also have Quick Cheque Deposit Machine (QCM) for their customers

Also read: How long for bank cheque clearance

Where To Deposit Cheque: Banks Branch Locator