In line with prevailing industry practice, effective 1 January 2021, a S$40 service fee will be charged for each post-dated DBS/POSB SGD returned cheque. This service fee will be reflected in the account statement as “SC-RCHQ – Service Charge for Returned Cheque”.
Post-dated payments and fund transfers are available on DBS iWealth®. Click here for details.
Please refer to the Deposits Guide for more details on the service fee.
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