Once upon a time, primary local banks were supportive of SMEs

[Chase]

Now, SMEs get better terms from foreign banks. UOB and DBS impose $0.75 per cheque issued, impose charges for bulk cash deposits while foreign banks like CIMB and RHB giving waivers of inwards T/T for small companies, no charges for cheques and cash deposits, etc.

 

[Leongsam]

Cheque??? What is that?