Standing Instruction via GIRO in S$ | ||
Set-up fee for standing instruction |
Waived |
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Amendment fee * | S$5 per amendment (For salary payment, S$20 per amendment will apply) |
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GIRO fee | S$1 per transaction | |
Cancellation / suspension fee | Waived However, with effect from 1 Dec 2005, a S$10 admin fee will be charged for each cancellation / suspension made within six months of set-up or last amendment. |
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Minimum fee | Nil | |
Monthly subscription fee | Nil | |
* New fee effective from 1 Dec 2005 Note: Standing instruction should not be used for salary payment, as companies can sign up for GIRO/Payroll Service via UOB Business Internet Banking Service - please call 1800 22 66 121 or click here for more details. However, companies affected by Ministry of Manpower's S Pass regulation may apply for this Standing Instruction via GIRO Service provided the number of S Pass Holders per company should be less than five, and the payment should be fixed for at least six months and payable on fixed date. |