Thursday, August 27, 2009

Payment Transfer

General guidelines on payment clearance:

Cash-in at bank counter


Local Cheque at same or different bank (counter or machine)
Bank-in morning - 1 day
Bank-in afternoon - 2 days

Outstation Cheque (meaning issued cheque and bank-in account is not from same state)
Bank-in morning - 2 day
Bank-in afternoon - 2-3 days

Online transfer different bank (GIRO)
2 days

Online transfer third party account (same bank)


1. Days listed above must be counted as working days (which does not include Saturday and Sunday currently)
2. Morning = bank opening hour till 2pm3. Afternoon = after 2pm

No comments:

Post a Comment

If you would like to get more info from us, please email to us at: