MEPS (MAS Electronic Payment System) is a real-time gross settlement system developed for high-value Singapore dollar interbank funds transfers. 

While there is no minimum sum nor a cap restriction per transaction, MEPS transfers tend to attract higher transaction fees relative to other types of local payment methods, hence it is better suited for larger value same-day payments.

Fixed amount payments that are made regularly or repeatedly from your accounts can be setup as Scheduled Payments. This will authorize GLDB to make these Scheduled Payments for you in a timely manner. 

Examples of recurring payments suitable for scheduled fixed amount payments include monthly rental, leasing instalments, corporate membership fees etc.

Overseas payments are funds transfers between people or businesses that involve one or more currencies other than the domestic currency.

Payments can be conducted as:

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Same-currency transfers e.g. USD to USD

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Cross-currency transfers e.g. SGD to USD

GLDB enables your business to make overseas funds transfers easily and seamlessly through online integrated FX-and-payments capabilities, competitive exchange rates and simple fee charge.