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ACCOUNT HOLDERS OF 8 BANKS CAN NOW TAP EGIRO TO PAY MOE SCHOOL FEES


More parents of students in national schools can now apply for Giro online for
payment of school expenses. ST PHOTO: FELINE LIM
Shermaine Ang
Updated
Jan 13, 2023, 9:26 PM SGT
Published
Jan 13, 2023, 7:06 PM SGT
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Purchase Article Copy permalinkCopy to clipboard
https://str.sg/wFP2


SINGAPORE – More parents of students in national schools can now apply for Giro
online for payment of school expenses instead of having to fill out paper forms,
as the eGiro service provided by the Ministry of Education (MOE) has been
expanded from two participating banks to eight.

DBS partnered with MOE to develop an online service for the ministry to accept
Giro applications from parents using bank accounts with the eight banks.

Giro is an electronic direct debit system for recurring bill payments from bank
accounts. eGiro, a fully digital service launched by the Association of Banks in
Singapore in 2021, allows users to set up their automatic monthly payment
instructions online, instead of having to submit paper application forms.



This cuts the time taken to process Giro applications from weeks to minutes.

The eight participating banks are DBS/POSB, OCBC, UOB, Bank of China, HSBC,
Maybank, Standard Chartered and Industrial and Commercial Bank of China.

Previously, parents of students enrolled in MOE schools could apply for Giro
through Internet banking or the online application form only if they were
DBS/POSB or OCBC account holders. Account holders of other banks had to submit
paper forms, which takes about two to four weeks to process.




Mr Clarence Tang, divisional director of finance and procurement at MOE, said
the arrangement will make it more convenient for parents to set up Giro for
payment of school expenses.

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“This is part of MOE’s overall effort to improve our services through
digitalisation,” he added.

More On This Topic
School bus fares to rise in 2023; operators say hike needed to cover higher
costs
Some canteen food prices rise, MOE says schools will ensure meals kept
affordable


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