What about the digitally challenged as more financial entities adopt a digital first approach? Digital inclusivity becomes more of a concern. Serene Koh from OCBC shares insights with Howie Lim. Read more at straitstimes.com.
SINGAPORE Seven major banks in Singapore Citibank, DBS Bank, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB will begin charging individuals for Singapore dollar-denominated cheques by Nov 1. Other banks will do so by July 1, 2024. Charges for US dollar-denominated cheques will also be implemented in phases, though a DBS spokesman said on Friday (July.