Скачать или смотреть All about Electronic Deferred Payments (EDP & EDP+)

In line with the transition to e-payments for cheque users, the following changes will apply to SGD corporate cheque services:

From 1 January 2026: All banks will stop issuing new SGD corporate cheque books, bulk cheque services and cheque self-printing services
From 1 January 2027: All banks will stop processing SGD corporate cheques

Retail cheques, USD cheques and cashier’s orders remain available.

Individuals and companies may tap on two new e-payment solutions – Electronic Deferred Payment (EDP) and EDP+ – introduced from 28 July 2025 to make deferred payments in place of cheques.

EDP and EDP+ complement existing e-payment methods like PayNow, FAST, GIRO and MEPS+, and can be used to make or receive payments.

Find out more at: https://abs.org.sg/e-payments