Effective 15 January 2025, Cashier’s Order (CO) fees will increase from S$5 to S$10 for both Online and Over-The-Counter CO issuance.
Cashier’s Order applied by | Beneficiary | From 15 January 2025 |
---|---|---|
Individual / Non-individual |
To Account Holder's own name | S$10 per CO (including 1st CO to own name) |
To 3rd Party’s Name |
Please be advised that Cashier’s Order will no longer be available as a mode of payment for Time Deposit Maturity instructions. As an alternative, customers have the option to credit the proceeds to their Current or Savings Accounts, and perform online funds transfer to avoid any charges.
Please visit maybank.sg/outwardremit for more details.