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Special Cheque Collection (SQ) Service

​Access your funds quicker with our value-added cheque collection service.

Credit your cheque across clearing districts of all banks to your account anywhere.

 
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Any cheque up to 7-year post-dated, any branch.


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Instant collection and deposit, upon due date.​


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Tailor-made cheque.

Add details on the cheque such as a payer's information or invoice number to facilitate your payments.


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​Go digital.
Reports sent via Push Mail or K-Cash Connect Plus.

Cheque deposit, cheque collection, or cheque return reports in digital format.

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Easy to apply.

If you have a current account or savings account with us.

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You can ask the bank to record any additional details about cheques for your reference such as a payer's information or invoice number.

You can get various reports in "soft files" through SMS (Push Mail) or
K-Cash Connect Plus such as cheque deposit, cheque collection, or cheque return reports.


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Service Details

Terms & Conditions
  • First, apply for the service
  • Special pay-in forms must be used when depositing cheques
  • You can use a single pay-in form to deposit several cheques by listing out the details of each cheque
  • Cash deposits are not accepted with this service
  • For special cheque collection service (SQ Advance), customers are required to use their current accounts with an overdraft established with the bank, an approved credit line for cheque collection and a confirmed account deposit date set by the bank
Fees
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How to Apply

Qualifications
Required Documents
  • ​A copy of a certificate issued by the Ministry of Commerce within the past month
  • A copy of the national ID card of the applicant or an authorized signatory for the juristic person
  • Memorandum for the special cheque collection service with a confirmed account deposit date (only for SQ Advance application)
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Frequently Asked Questions

Are there any fees for the service ?

The fee is based on the bank's announcement.

Where can I find out whether a cheque has cleared ?

You can apply for RMS (Push Mail) or View Collection via K-Cash Connect Plus to receive "soft file" reports.

How many days after a cheque deposit will the money be available in my account ?

You can use the money on the day the cheque is cleared.

What kind of account do I need for this service ?

You must have either a current account or savings account.

Remark:

for special cheque collection service (SQ Advance), customers are required to use their current accounts with an overdraft, approved credit line and a confirmed account deposit date set by the bank.

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Key Features
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Service Details
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How to Apply​​

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