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Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
The MAS Electronic Payment System, or MEPS in short, is an SGD-only online interbank payment and fund transfer system in Singapore. [1] It went online in July 1998, and is owned and operated by the Monetary Authority of Singapore (MAS). The irrevocable transfer of funds and the real-time nature of transfers are some of the key features of MEPS.
Electronic Payment Services (simplified Chinese: 易办事; traditional Chinese: 易辦事; pinyin: Yì bànshì), commonly known as EPS, is an electronic payment system based in Hong Kong, Macau, and with limited acceptance in Shenzhen since it began operations in 1985.
With the exception of mail from Mainland China, postal codes are not used in Hong Kong as the Hongkong Post deems it unnecessary to adopt such a system. Hongkong Post advised to leave the postcode field blank or try to fill in with "000", "0000", "000000" or "HKG" wherever required. [ 1 ]
NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, CIMB and UOB to make payments using their physical/contactless ATM cards or mobile devices at more than 120,000 acceptance points in Singapore including major retailers, food courts, hawker centres, convenience stores and supermarkets.
As one of the top five financial centres worldwide, Hong Kong has one of the highest concentrations of banking institutions in the world, with 70 of the largest 100 banks in the world having an operation in Hong Kong. As of 2019, there were 164 licensed banks, 17 restricted licence banks and 13 deposit-taking companies in business, constituting ...
Singapore Post Limited (SGX: S08), commonly abbreviated as SingPost, is an associate company of Singtel [1] and Singapore's designated Public Postal Licensee which provides domestic and international postal services. It also provides logistics services in the domestic and international markets, warehousing and fulfillment, and global delivery ...
Using the 6-digit postal code to look up the Central Public Lirbary in the OneMap application. Due to Singapore being a small city-state and most buildings having singular, dedicated delivery point, the postal code can be used as a succinct and precise identifier of buildings in Singapore, akin to a geocode.