Payments

Cashier’s Order and Demand Drafts

Issue cashier orders and demand drafts in more than 10,000 locations in India

Make payments to your business partners and suppliers conveniently without the need to provide the payee account details with DBS Cashier’s Order for payees located in DBS Locations, and DBS Demand Drafts for payees located in non-DBS Locations. We issue the order based on your instructions and pay the payee when we receive your amount. Cashier’s Orders and Demand Drafts are suitable for recurring and non-urgent payments to beneficiaries who do not accept cash.

 

Why choose DBS Cashier’s Order and Demand Drafts?

  • Save money with this low-cost and convenient payment solution
  • Present cashier’s orders for payment at any DBS Branch in India or demand drafts at more than 10,000 payable locations in India, giving your payees the added convenience
  • Personalise your cashier’s orders with detailed invoice information with the option to print recurring cashier’s orders at your office premises
  • Provide us with the payee’s name and address and we’ll mail the cashier’s order / demand drafts directly to them. You don’t need to provide the payee’s account details

FAQs

What information will I need to provide to DBS for a Cashier’s Order or Demand Draft?

Simply provide us with the following information:

  • Payee / Beneficiary name
  • Payment currency and amount
  • Payee / Beneficiary address (only if you need us to mail the cashier’s order directly)
  • Payee / Beneficiary location
When will the amount stated on the Cashier’s Order or Demand Draft be deducted from my account?

The amount will be deducted once we issue the Cashier’s Order or Demand Draft.

What is the validity period of a Cashier’s Order and Demand Draft?

Cashier’s orders and Demand Drafts are typically valid for three months in India.

How do I submit a Cashier’s Order or Demand Draft request?

Simply submit your application via IDEAL™, our online banking platform, for faster processing and an extended cut-off time. Alternatively, you may submit your applications at one of our Branches or correspondent banks.

Awards

Awards we have won recently
Best Asian International Transaction Bank

Best Asian International Transaction Bank

2013
Best Global Cash Management Bank in Asia Pacific

Best Global Cash Management Bank in Asia Pacific

2012
Best Global Cash Management Services in Asia Pacific

Best Global Cash Management Services in Asia Pacific

2012
Rising Star Transaction Bank 2013

Rising Star Transaction Bank 2013

2013
View All

 

How do I apply?

Please call any of our Branches and our Relationship Manager will be glad to assist you.

Get In Touch

DBS BusinessCare: 1800 419 9500

Get In Touch

DBS BusinessCare: 1800 419 9500