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Cash Payouts Begin Arriving For Singaporeans With NRIC-Linked PayNow
Last month, the Government announced that cash payouts were on their way, much to the excitement of Singaporeans.
Eligible citizens will be entitled to a payout of up to S$500, and an additional handout of up to S$200. As part of recent financial packages, it will help offset the approaching GST hike.
Now, it seems that some OCBC customers have begun to receive the handouts via their NRIC-linked PayNow application.
According to a post in the GrabFood Delivery Rider Singapore Facebook group, OCBC customers have already started receiving their payouts.
However, OCBC customers who opted for bank transfers will have to wait a while for their payment.
Another netizen stated that customers for other banks, such as UOB and POSB, have not received their payouts yet.
Cash handouts will be up to S$700
On 15 Nov earlier this year, the Ministry of Finance (MOF) announced that eligible Singaporeans will receive two cash handouts in December.
https://mustsharenews.com/cash-payouts-paynow/
Last month, the Government announced that cash payouts were on their way, much to the excitement of Singaporeans.
Eligible citizens will be entitled to a payout of up to S$500, and an additional handout of up to S$200. As part of recent financial packages, it will help offset the approaching GST hike.
Now, it seems that some OCBC customers have begun to receive the handouts via their NRIC-linked PayNow application.
According to a post in the GrabFood Delivery Rider Singapore Facebook group, OCBC customers have already started receiving their payouts.
However, OCBC customers who opted for bank transfers will have to wait a while for their payment.
Another netizen stated that customers for other banks, such as UOB and POSB, have not received their payouts yet.
Cash handouts will be up to S$700
On 15 Nov earlier this year, the Ministry of Finance (MOF) announced that eligible Singaporeans will receive two cash handouts in December.
https://mustsharenews.com/cash-payouts-paynow/