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Electronic Cheque (E-Cheque)

Electronic Cheques are paperless cheques that have the same functionalities and feature of the paper cheques:

  • The same legal power
  • Can be issued as post dated
  • Valid for 6 months from the date of the cheque
  • Negotiable instrument (can be transferred and endorsed)
  • The service is provided though BenefitPay App.

Advantages of E-Cheque

  • More secured
  • Cannot be lost or stolen
  • Cannot be counterfeit
  • Traceable
  • Deposits can happen using electronic channels 24x7 as opposed to only branch operation time.
  • Easier and more convenient
How to use E-Cheque service