How do I get a cashier order from OCBC?

How do I get a cashier order from OCBC?

OCBC. If you happen to have OCBC’s business internet banking, Velocity@OCBC, you can purchase your cashier’s order online at a fee of $5. As for personal accounts, it’s free-of-charge if you were to purchase a cashier’s order payable to your own name.

How much does OCBC charge for overseas transfer?

OCBC Overseas Transfer Fees (Personal)

Amount transferred Exchange Rate Fees & commission
S$500 20.0057 S$35.00
S$2,000 20.0057 S$35.00
S$50,000 20.0057 S$87.50

What is MEPS OCBC?

(MAS Electronic Payment System) MEPS is an online Singapore Dollar (SGD) inter-bank payment and settlement system. Usually used for larger sums of transaction, which allows same day value transfer of funds.

What is OCBC service charge?

Service Fee. S$7.50 per month if average daily balance for the. month falls below S$3,000. Account Fee. S$2 per month (regardless of balance)

Is cashier order same as bank draft?

How is the demand draft and cashier’s order different? Demand draft is normally used for overseas remittance and is denominated in a foreign currency whereas cashier’s order is normally used for local payment and is denominated in local currency.

How much is a cashier order?

How to Purchase Cashier’s Order. You may purchase a Cashier’s Order at any DBS/POSB Branches for a fee of S$5 per Cashier’s Order for payment to a third party recipient.

Is cashier order immediate?

A cashier’s order is known as a banker’s cheque, as it acts like a regular cheque but is issued by the bank itself. When you request for one, the money is instantaneously withdrawn from the payer’s account and transferred into the bank’s own account until the recipient deposits the cashier’s order.

How can I transfer money from OCBC to Maybank Malaysia?

  1. Go to the main menu > Payment & transfers.
  2. Select “to a bank account overseas (including overseas OCBC accounts)” > Select the account to transfer from.
  3. Select the destination account.
  4. Select currency > Fill all required information.
  5. Review all details > Click “Submit” to complete.

What is cashier order OCBC?

Also known as banker’s cheque, a cashier’s order is like a cheque but issued by the bank themselves. How it works is that when you request for one, money is immediately drawn from the payer’s account and put onto the bank’s own account, making the bank fully responsible for it – until the recipient deposits it.

What can you do with a cashier’s order?

Is cashier order a cheque?

What is a cashier’s order? Also known as banker’s cheque, a cashier’s order is like a cheque but issued by the bank themselves.

Can I deposit a cashier order?

Getting a cashier’s order is simple. You can either head down to any bank’s physical branch (remember to bring along your NRIC!) or purchase one online through your personal or business online banking….UOB.

Cashier’s order deposited on Receive money on
Sunday Tuesday after 2pm

What is the cash OCBC cheque service that is newly implemented?

What is the Cash OCBC Cheque service that is newly implemented in the new ATMs? You can now cash OCBC cheques at our new ATMs instantly, applicable for OCBC Personal or Corporate cash cheques. Can I cash Cashier Orders issued by OCBC, CPF Board Support Scheme? These cheques currently cannot be encashed via the new ATMs.

What are the fees associated with cashier’s orders?

Amount will be deducted upfront from your account when a cashier’s order is issued The fast and secured way for overseas payments and transfers in foreign currencies Fees may include commission, agent fees*, commission-in-lieu of exchange* and cable charge (*if applicable)

What are the fees for cash deposit at OCBC?

OTHER BANKING SERVICES Cash Deposit First S$20,000 per day : Free Every subsequent S$10,000 or part thereof: S$10 Deposit of unsorted/ folded notes For faster processing of notes deposited, please follow the guideline12. Otherwise, an additional S$50 fee will be levied. OCBCOCBC Premier (first year waived for first two supplementary card)

Where can I get help with my banking transactions with OCBC?

We also have dedicated Premier Banking teller counters at over 50 OCBC Bank branches to help you with your banking transactions. For a list of locations, please visit www.ocbc.com