How do I get a OCBC cashier order?

How do I get a OCBC cashier order?

You can purchase a cashier’s order at any bank branches. To purchase it over the counter, all you need is your identification card (NRIC). The typical fee is $5, but it may be waived if you’re a wealth customer (i.e. DBS Treasures, OCBC Premier Banking, etc.).

What is bank cashier order?

A cashier’s order is a cheque guaranteed by the bank, used as a more secure and reliable method of settling payments or transferring funds than dealing in large amounts of cash. Protects both payers and payees, as payees are designated and non-transferable.

Can cashier’s order be Cancelled?

Yes, you may. Please submit your cancellation request together with the original Cashier’s Order at any of our branches. We will credit the funds to your designated account. There is no charge for cancellation.

How do I issue a cashier’s check?

Here’s a quick rundown of steps to get a cashier’s check:

1. Have the exact amount and recipient’s name ready before requesting the check, as well as personal identification.
2. Visit a nearby branch and request the check from a teller.
3. Pay the check amount plus any applicable fee.
4. Get a receipt.

How much should I pay for a cashier’s order?

You may purchase a Cashier’s Order at any DBS/POSB Branches for a fee of S$5 per Cashier’s Order for payment to a third party recipient. Present your NRIC/Passport upon application and collection; You need to hold a valid DBS/POSB Bank Account; Processing time is around 30 minutes.

Which bank has lowest demand draft charges?

At Axis Bank- 15 DDs free per day, after which Rs.50 per DD.

How can I get a cashier’s check online?

Your bank or credit union may also offer cashier’s checks online. If it does, you’ll need to log in to its website and select the account you’d like to use for the check. Depending on the institution’s menu navigation, the option to order a cashier’s check online may be included under the “Order Checks” tab.

What happens if cashier’s check not cashed?

If you lose a cashier’s check you must notify the bank, fill out a declaration of lost form, and wait–it can take 90 days (after you file) to recoup the money. The bank will levy a fee of $30 or more when you cancel a cashier’s check.

Is a cashier’s check the same as cash?

A cashier’s check is often requested as payment for big purchases, like the down payment on a home. This is because a cashier’s check is drawn from a bank’s account and is therefore as highly regarded as cash.

What is the maximum amount for a cashiers check?

Many businesses won’t issue a money order for more than $1,000, but there’s typically no limit on the amount a cashier’s check can cover.

What is maximum DD limit?

The Demand Draft can be made by paying the Bank in Cash as well, but for Demand Drafts exceeding Rs. 50,000 the payment should be by cheque only. Quoting your PAN No. is also necessary in case the value of the DD is more than Rs. 50,000.