Cessation of Corporate Cheques with effect from 1 January 2027
In line with the government's initiative to phase out corporate cheques, all banks in Singapore will cease processing corporate cheques with effect from 1 January 2027.
Accordingly, Hong Leong Finance Ltd ("HLF") will no longer accept corporate cheques for deposits from 31 December 2026, 10.00am. Please deposit your corporate cheques before this deadline to ensure timely clearances.
HLF will also cease issuing cheques for payments, effective from 26 December 2026.
Moving forward, HLF will issue Banker's Cashier's Orders instead and these will be mailed to your last known address maintained in our records. Please note that processing will take 3 to 5 working days
To enjoy faster and more seamless transactions, please consider electronic payments via FAST which is available on HLF Digital.
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