![]() For more recent transaction information, please sign in to Online Banking. This alert is based on the previous business day's information. Transaction: Transaction alerts notify you when credit, debit and other transactions occur in your account.Security: This automatic alert notifies you of important events regarding your Online Banking profile.This includes important bill pay information and other secure communications. New Secure Message: New secure message alerts notify you that you've received a message in the Online Banking Message Center.For more current budget information, please sign in to Online Banking. Budget: Budget alerts notify you when the amount spent in a category is greater than your budgeted amount.For more current balance information, please sign in to Online Banking. Low balance alerts can help you monitor your finances and may help you avoid overdrafts. Set alerts for a low balance, and you'll know when you need to move money into your account. Balance: Balance alerts notify you when your account balance is greater than or less than the limit you specify.You can sign up to receive alert messages in Online Banking. To ensure that the digital system caters to both digitally savvy and digitally less-savvy residents, we have designed the digital solution such that merchants and residents will have the same workflow regardless of whether digital or paper is used - residents will present the digital/ paper voucher, and merchants will scan digital/paper vouchers.Bank of the West alerts notify you by email or text message when transactions occur in your Online Banking accounts. While this is technically possible, we identified it would come with the following drawbacks:Ī) If customers were to scan merchants’ QR, all citizens will need to download a mobile app.ī) Digitally less-savvy residents would be excluded from the scheme if they do not download an app or have an e-wallet, unless we specially cater for paper vouchers on top of the e-wallet.Ĭ) We have also found through previous trials with residents that selecting the exact amount to be spent (as in an e-wallet model) was confusing for some residents and error prone. Who is eligible for the CDC Vouchers Scheme?ĬDCs in partnership with Open Government Products, GovTech, had previously tested the model in which the customer scans the merchant’s QR.Each Singaporean household will receive $100 CDC vouchers and the scheme will benefit up to 1.3 million Singaporean households. In Budget 2021, Deputy Prime Minister and then Minister for Finance, Mr Heng Swee Keat announced the $130million CDC Vouchers Scheme to thank Singaporeans for their sense of solidarity and to support heartland merchants and hawkers. Each identified Singaporean lower-income household received $50 worth of CDC Vouchers in June 2020 and January 2021. You can use the vouchers to purchase goods and services from participating hawkers and heartland merchants.ĭeputy Prime Minister and then Finance Minister Mr Heng Swee Keat launched the CDC Vouchers Scheme in June 2020 and January 2021 respectively to help Singaporean lower-income households defray their cost of living and at the same time, to support hawkers and heartland merchants affected by Covid-19 pandemic. In May 2022, all Singaporean households can each receive $100 in CDC vouchers to help in daily expenses as part of the Household Support Package. ![]() This is in addition to the $100 in CDC vouchers that every Singaporean household is eligible for, announced in Budget 2021. The Finance Minister Mr Lawrence Wong announced at Budget 2022 that as part of the Household Support Package, the Community Development Councils (CDCs) will be given three new tranches of the CDC Vouchers Scheme from 2022 to 2024 to support Singaporeans during difficult times.
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