Ocbc Bank Is First In Sea To Enable Instant Cheque Encashment At Atms

Ocbc Bank Is First In Sea To Enable Instant Cheque Encashment At Atms Until cheques are fully phased out, and to drive digital literacy and adoption, ocbc bank has rolled out a cheque encashment service across all its next generation atms at 23 branches. since february 2020, customers have been able to encash cheques – for up to a maximum of $30,000 in a single cheque – by depositing them into the atm to. Mar 12, 2020, 12:21 pm. singapore (the business times) ocbc bank now allows customers to immediately encash their cash cheques at all its next generation atms across 23 branches, for a maximum.

Instant Encashment Of Cash Cheques At Atms Ocbc First In Seaо Free newsletter. ocbc announced today the roll out of cheque encashment service across all its atms at 23 branches. since february 2020, customers have been able to encash cheques – for up to a maximum of $30,000 in a single cheque – by depositing them into the atm to instantly get cash. this capability enables the atms to process 90. Time is of the essence to employees like us.”. how it instant encashment of cash cheques work. step 1: insert atm card and enter pin. step 2: select ‘cash from cheque’. step 3: enter cheque amount. step 4: digital ambassador will verify cheque information and insert cheque into cheque slot. step 5: confirm transaction on atm screen. Ocbc bank now allows customers to immediately encash their cash cheques at all its next generation atms across 23 branches, for a maximum of s$30,000 in a single cheque. since the service started in february, the next generation atms have already processed cheque encashments totalling close to s$17 million. Since february 2020, customers have been able to encash cheques – for up to a maximum of $30,000 in a single cheque – by depositing them into the atm to instantly get cash. this capability enables the next generation atms to process 90 per cent of all the cheques usually encashed at ocbc bank branch teller counters.