DBS Free Online Cheque Service

Epps_Sg

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Cant change title... (*Edit: removed wrong info)

*Edit (corrected info): Another source of information is this POSB page on PayEasy IB Cheque that says "Note: iB Cheque is free with effect from 4th May 2010."

From DBS site:
"Also know as iB Cheque (PayEasy), this service allows you to send cheques to someone when you do not have access to your cheque book or when the receiving party requires a bank draft. It is like your personal online door-to-door payment service.

You can settle your credit card bills, pay for your car and home loans, make payment to someone who requires a bank cheque or send money overseas with DBS iB Cheque (PayEasy). Now you can pay anyone, anywhere with just a few clicks.

iB Cheque (PayEasy) allows to you mail local cheques. For mailing of foreign cheques, check out another of our innovative service - Online Demand Draft.

Issue your iB Cheque (PayEasy) via iBanking and the bank will mail out the cheques on your behalf for FREE! Login to iBanking now."
 
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dreant

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From DBS Internet Banking:
* iB Cheque service is absolutely free!

DBS: Terms and Conditions - PayEasy Service also doesn't mention any fees for IB Cheques (only for demand drafts).

Commission charge - a non-refundable commission charge of 1/8% of the Singapore Dollars equivalent of the remittance amount, subject to a minimum charge of S$5.00 and a maximum charge of S$100 (inclusive of goods and services tax) for the issuance of a demand draft, or such other amount(s) as we may determine from time to time.

The service is free, I've used it a number of times before.
 

Epps_Sg

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Really strange! Here is another link for the DBS - PayEasy Terms and Conditions.
At Point 12. specifically says theres a $1 commission for IB Cheque....
now i think this page contains misinformation about the IB Cheque fees.

Another source of information is this POSB page on PayEasy IB Cheque that says "Note: iB Cheque is free with effect from 4th May 2010."

So i guess POSB/DBS PayEasy IB Cheque is really free...which is nice, and they help to post out the cheque too :) Thanks dreant for helping to clarify.
 
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Mecisteus

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Citibank also has this fee online cheque service.

I have been using it for the past few years. Too lazy to write cheques myself. :s13:
 
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