The Lemon Fool

Unfortunately, I have received a dividend cheque for one of my holdings in Singapore. The cheque is using DBS bank (Singapore) and is in USD.

Does anyone have any good recommendations on how to deal with this ? ie Pay it in, without ridiculous fees, it getting misplaced etc.

The best idea I have currently is to post it to my bank in Singapore (OCBC).

As a separate matter, I'm investigating how to ensure the cheques are ALWAYS paid in SGD in future, which should mean it gets paid direct into my bank account there.

In a recent thread with a similar problem, a poster found he was able to deposit the cheque using smartphone banking app with his US account. Perhaps you can do the same with your Singapore account?

Gryff