Cheque Express | Cheque Payment Service | DBS SME Banking India

Cheque Express

Save costs with our easy-to-use cheque payment and issuance service

Cheque Express

Save costs with our easy-to-use cheque payment and issuance service

At a Glance

Free up your time and resources by outsourcing your cheque issuance to DBS.

Simple

Generate your instructions and payment files through IDEAL, our online banking platform, and we will issue cheques on your behalf

Convenient

We take care of the printing, signing of cheques through facsimile signatures of authorised signatories and mailing of cheques

Secure

Our secure and convenient service gives you more time to focus on growing your business

Features & Benefits

Greater Convenience

Issue both Corporate cheques and Demand Drafts with ease in INR and with your Exchange Earner’s Foreign Currency (EEFC) account

Savings

Lower your administrative costs of maintaining inventory and cheque stationery

Improve Efficiency

Improve efficiency by eliminating the need to prepare, sign and mail cheques

Improve Transparency

Limit queries and improve transparency with our payment advice slips

Protect against fraud

Reduce the risk of fraud. We validate cheque details when cheques are presented

Cheque Status Reports

Simplify your reconciliation process with our timely cheque status reports

Plan Ahead

Plan ahead by giving us your cheque instructions up to 30 calendar days in advance

Save Time

Save time with our various cheque delivery options to suit your preferences

Schedule a callback via this online form.

Alternatively, you can reach us at 1800 103 6500 / 1800 419 9500

Email: [email protected]

FAQs

	How are the cheques delivered to my beneficiaries?
	We offer several delivery options ranging from self-collection, via courier or postal mail.

	How safe are DBS’ security features?
	Our state-of-the-art technology captures issuance information, which is used to validate the presentment data against the customer’s original payment file. This mitigates the risk of unauthorised changes.

	Can the cheques be customised for my company?
	Yes, we can customise your cheques and payment advice slips to feature your company name and logo with the support of multiple page advices.

	How will I be billed?
	We’ll bill you on a monthly basis for all the cheques issued on your behalf.

What is the cut-off time for submitting payment files on IDEAL and how soon will my payees receive the cheques by courier?

The cut-off times are as follows and your customer/payee will receive the cheque by courier after the courier details are generated the next working day.

Task	Cut-Off Time
Payment file sent to DBS via IDEAL	Monday to Friday: By 2pm Saturday: By 10.30am
Cheques printed, sealed in envelope and mailed out	Same day if received within cut-off times stated above
Customer/Payee receives cheque by courier	As per courier details. Courier details will be provided the next working day
Cheque issuance report available via IDEAL	Available same day via IDEAL

	How do I keep track of the cheques issued, presented or cancelled?
	You will be provided with a daily Cheque Express status report via IDEAL for easy reference to see which cheques have been issued or presented and which are outstanding, cancelled or rejected.

Cheque Express