Interbank GIRO is a service that allows you to authorise your bank to automatically deduct money from your account and transfer it to an organisation on a regular basis. Once this arrangement is set up, the exact payment will be automatically debited from your account.
Benefits :
- Eliminate late payments and associated penalties.
- No need for manual funds transfers, writing checks, or waiting in line to pay your bills.
Also, known as Banker's Cheque, it is an order for payment issued by BNI Singapore on your behalf. It is an alternative payment method to transfer money to a recipient who does not accept cash or personal cheques.
Note
This is for Singapore Dollar payments only. Recipient may deposit Cashier's Order into any
bank account in Singapore. No requirement to maintain a BNI Singapore account. Cashier's Order can
be used to pay your beneficiary if they do not accept cash or personal cheques. This is a written
order for payment issued in SGD by BNI Singapore on your behalf.
Benefits
An alternative way to transfer money to your beneficiary. Safe and convenient – you are able
to withdraw or transfer funds from your BNI Singapore account without hassle of carrying cash
with you. Flexible – your beneficiary has the option to deposit the Cashier's Order or Banker's
Cheque into any bank in Singapore.
Who Can Apply
You are not required to have a BNI account to enjoy this service.
Required Documentation
For cash transactions, kindly produce your identification documents (Singapore NRIC or
Passport).
Fee and Charges
Click here for list of applicable fee
and charges. For application, kindly
visit our Raffles Place (BNI Tower) branch with your identification documents. You may choose to pay
via cash or by debiting your BNI Singapore account.
Outward Telegraphic Transfer is a payment sent by SWIFT/Telex to an overseas party and the beneficiary can expect to receive payment on the same day or within a few days depending on the destination, currency, and the agent bank used.
Bank BNI has a very extensive network of correspondent banks and overseas branches. You can, therefore, transfer funds in various currencies to many locations around the world.
If you need to transfer a fixed amount overseas regularly (eg. monthly, bi-monthly, quarterly, half-yearly, yearly) to the same party, you may wish to sign-up for a fixed standing instruction. With this service, you only need to provide a one-time instruction to the bank and the recurring payments will be made automatically as per your instruction.
The fastest way to transfer Singapore Dollar fund between banks in Singapore safely and efficiently as funds are remitted via Monetary Authority of Singapore's Electronic Payment System, or MEPS.
- SGD fund transfer between banks in Singapore
- Same-day funds transfers
- No need to maintain BNI account
Benefits
Fast – MEPS is the fastest way of transferring SGD funds between banks in Singapore.
Efficient – your recipient will receive the transferred funds on the same day.
Who can apply
You are not required to have a BNI account to enjoy this service.
Required Documentation
For cash transactions, kindly produce your identification documents (Singapore NRIC or
Passport).
Fees and charges
Click here for list of applicable fee and charges.
For application, kindly visit our Robinson Road branch with your identification documents. You may choose to pay via cash or by debiting your BNI Singapore account.