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Get Si 1: Application For Standing Instructions In ... - Posb
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How to fill out the SI 1: APPLICATION FOR STANDING INSTRUCTIONS IN SGD - Posb online
This guide will assist you in completing the SI 1: APPLICATION FOR STANDING INSTRUCTIONS IN SGD form online. Following these steps will ensure that you provide all necessary information accurately and efficiently.
Follow the steps to successfully fill out the form:
- Click the ‘Get Form’ button to obtain the form and open it in your editor of choice.
- Complete the particulars of the account holder section. Use block letters for your name, as it appears on your NRIC or passport, and provide your NRIC or passport number. Include your DBS/POSB account number and contact number.
- In Part 1, enter the payment instructions. Indicate your preferred DBS/POSB account number for debiting the service charge of S$10. Fill in the beneficiary’s details, including the bank, branch, account number, and full name. Specify the payment amount and frequency. Note that you need to provide a starting date for the payments.
- If you are crediting to a POSBkids account, switch to Part 2. Input the POSBkids account number and payment amount, along with the start and end dates for these transactions.
- Review and acknowledge the agreement section carefully. Ensure you understand all terms and conditions regarding payment execution and account status.
- Finally, sign and date the form. If applicable, ensure that all joint account holders or authorized signatories provide their signatures, and append a thumbprint if necessary. Remember, the thumbprint must be witnessed at a DBS/POSB branch.
- Save your changes, and then download, print, or share the completed form as required.
Complete your application online today and ensure your standing instructions are processed smoothly.
A Standing Instruction (SI) is a service offered to customers of a bank, wherein regular transactions that the customer wants to make are processed as a matter of course instead of initiating specific transactions each time.
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