SGD amounts in words: examples
Monthly rent for an HDB room
SGD 2,450.00
Two Thousand Four Hundred Fifty Dollars Only
Open this amount in the converter →A renovation instalment with cents
SGD 1,250.40
One Thousand Two Hundred Fifty Dollars And Forty Cents Only
Open this amount in the converter →A personal cheque towards a property deposit
SGD 88,000.00
Eighty Eight Thousand Dollars Only
Open this amount in the converter →Singapore cheque leaves print “Singapore Dollars” at the start of the words line, so begin with the number and finish with “Only”. Cents can be written in words, as the converter does, or as “and Cents 40 Only”.
What the phase-out means for you
MAS and the Association of Banks in Singapore set the timeline after a public consultation. Since 1 January 2026, banks no longer issue new SGD corporate cheque books or bulk cheque services. If a company pays you by SGD cheque, deposit it by 31 December 2026; from 1 January 2027 banks will reject SGD corporate cheques regardless of the date written on them.
Cheques written by individuals are not part of that cut-off. Individuals can still write SGD cheques to other individuals and to companies, though each bank decides what cheque services it keeps offering. Cashier’s orders and USD cheques also remain available. Banks have introduced electronic deferred payment options (EDP and EDP+) as the digital replacement for post-dated cheques.
Step by step: a Singapore personal cheque
- Date: day/month/year. A post-dated cheque cannot be presented before its date.
- Pay: the payee’s full name, or for a government agency the exact payee wording it publishes.
- Or bearer: strike it out if you want only the named payee to be paid.
- Amount in words: start at the left after “Singapore Dollars”, end with “Only”, line through the gap.
- S$ box: figures with two decimals, e.g. 2,450.00.
- Signature: as on your bank’s records; countersign any change to the date or payee.
- Crossing: two lines across the top-left corner mean the cheque can only be deposited, not cashed.
Fees and words-versus-figures
Singapore banks charge a fee for each cheque you issue, and the amount varies by bank, so check your bank’s fee schedule; the larger local banks waive cheque service fees for seniors. Stopping a cheque also costs money, typically a flat fee per cheque.
Under Singapore’s Bills of Exchange Act, if the words and figures differ, the words are the amount payable. In practice banks return cheques where the two don’t match, so take the time to check.
Frequently asked questions
Are cheques being abolished in Singapore?
Only SGD corporate cheques, for now. Banks stopped issuing them from 1 January 2026 and will stop processing them from 1 January 2027. Personal cheques, cashier’s orders and USD cheques continue.
I received a company cheque. When must I deposit it?
By 31 December 2026. From 1 January 2027 banks will reject SGD corporate cheques regardless of their date.
How long is a cheque valid in Singapore?
Banks generally treat a cheque as stale six months after the date written on it. For corporate cheques the 31 December 2026 deadline comes first if it is sooner.
What replaces post-dated cheques in Singapore?
Banks offer electronic deferred payment services called EDP and EDP+, available through their digital banking apps, which let you schedule a future payment and show an intent to pay.
Sources
Rules change, and banks can apply stricter practices than the law requires. Check with your bank before relying on a detail for a large or time-sensitive payment. This guide is general information, not legal advice.
- MAS: MAS and ABS announce EDP solutions and extension of deadline for corporate cheques
- ABS: Sunsetting of SGD corporate cheques FAQ (updated 21 July 2026)
- ABS: FAQs for corporate and retail cheque users
- MAS: Consultation paper on sunsetting corporate cheques and retail cheque transition
- UOB: Cheque fees
- Singapore Statutes Online: Bills of Exchange Act 1949