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Interbank GIRO (IBG) Application
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Fees & Finance
1. Why do I need to apply for Interbank GIRO (IBG)?
2. Whose bank account can be used for Interbank GIRO?
3. Is the arrangement to pay by GIRO for my secondary school fees still valid for paying the Polytechnic's student fees?
4. Can trustee’s account or fixed deposit account be used for IBG?
5. How do I apply for IBG?
6. If my Financial Scheme is approved and the Financial Scheme Organisation pays to the Polytechnic after I have paid my fees, how will I get the refund from the Polytechnic?
7. I am an Existing student before April 09 intake, if the Financial Scheme Organisation pays the Polytechnic after I have paid the fees, how will I get the refund?
8. Can I use correction fluid to amend my IBG application form?
9. I am a new student and intend to enclose cheque / cashier's order / bank draft with my enrolment forms to the Polytechnic, do I still need to submit the IBG application form?
10. As I am a new International student not residing in Singapore , I do not have any bank account in Singapore, do I still need to submit the IBG application form?
11. How do I know which bank account my fees will be deducted from?
12. Can I change or terminate my IBG arrangement after the application?
13. When must I get ready the money in my bank account for GIRO deduction?
14. If my GIRO deduction is unsuccessful due to insufficient fund, will the Polytechnic try to deduct it through IBG again?
15. Do I need to cancel my GIRO authorisation if I withdraw from my course of study?
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