With the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS)'s announcement on 28 July 2023 to eliminate all corporate cheques by end-2025, CLIS will cease issuance of corporate cheque by 01 April 2024. To avoid any delay in payment, please kindly register your PayNow with your NRIC/FIN number or provide your bank account to us so that you can receive payout or refund from us digitally.
We would like to encourage you to make your initial and renewal premium using the following methods to us
AXS
Bank transfer
Telegraphic Transfer (for non-SGD currency policies)
GIRO for renewal premium
For more information on CLIS's digital payment methods, please click here.