Magazine Aug-Oct 2020

FEATURE

day of each month. Please note that printed hard copies of monthly statements will no longer be available from October 2020 statement onward. Easy Steps To View Your Monthly E-Statement: 1. Visit the homepage of the Club website (https://www.amclub.org.sg/). 2. Log in to your account using your Membership Number. 3. Click on the ‘e-Statement/Cour t Booking/Profile Update’ icon. 4. Choose the ‘e-Statement’ option on the left hand corner of the page. 5. View the e-Statement display screen. Please note: • Only Principal Members (membership number ending in 00) can view e-statements. Spouse Members (membership number ending in 01) and Junior Members (membership number ending in 02 and above) may only view e-statements using the Principal Member log-in access. Spouse Members are still able to create online user accounts on the website, but will not be able to view e-statements. As per Club policy, Junior Members are not allowed to create online user accounts. • If you have not registered an online user account, you will have to do so to view your e-statements. Please do so using your Membership Number via this link. • If you have forgotten your password for your online user account, please reset your password via this link. MEMBERS’ MONTHLY BILL PAYMENTS Opt for one of these secure and convenient electronic payment (e-payment) alternatives for monthly bill payments. Spare yourself the hassle and health-risk of handling cash and check payments. 1. General Interbank Recurring Order (GIRO) GIRO is an arrangement with your bank to make automated electronic payments directly from a designated bank account to a billing organization for any outstanding bills. GIRO is the default payment mode for all new Members of The Club. As monthly outstanding amounts are automatically deducted on the 18th of each month, Members with GIRO arrangements do not have to worry about missing payment deadlines or incurring late fees. If you would like to switch to GIRO for your next monthly bill payment, please fill out a GIRO application form. Please click here to download the GIRO application form and send the completed form to Ms.Vanessa Law at vanessal@amclub.org.sg. 2. Internet Banking Internet banking is a facility offered by select banks and financial institutions that allows customers to use banking services over the internet. The Club is authorized to receive Members’

Monthly Bill Payments via Internet Banking for select banks: DBS, OCBC, UOB, Citibank and Standard Char tered. If you would like to switch to Internet Banking for your next monthly bill payment, no prior signup is required. Please indicate your Membership Number in the ‘Reference Number’ section. For all other banks, please make your payment via Telegraphic Transfer with our bank details as follows: Company Name: THE AMERICAN CLUB Bank name: UNITED OVERSEAS BANK Bank acct number : 101-334-357-3 Bank address: UOB Main Branch Bank code: 7375 Branch code: 001 Swift code: UOVBSGSG 3. PayNOW PayNOW is a peer-to-peer online fund transfer service launched by the Association of Banks in Singapore. It allows users to transfer funds from one bank account to another simply by entering a mobile number or Singapore NRIC/FIN. PayNOW can also be used by customers to make payments to organizations. If you would like to switch to PayNOW for your next monthly bill payment, no prior signups are required. Please key in The Club’s Unique Entity Number ‘ UEN # S61SS0073F ’ and indicate your Membership Number in the ‘Bill Reference Number’ section. Benefits: Digitization of Members’ Monthly Statements and Bill Payments By switching to e-statements and e-payment of your monthly statement of account, you will not only be helping to ensure your own safety, but also that of our Club staff, due to the reduced need to handle cash and cheques. You will also contribute to The Club’s sustainability effor ts by cutting down on print, as well as contributing to significant cost savings of approximately S$36,100 per year. Our cost savings estimates can be broken down as follows: Cost Savings From Digitizing Monthly Statements Printing cost: S$7,500 Mailing cost: S$15,600 Cost Savings From Digitizing Monthly Bill Payments Cash & Check handling: S$13,000* Total estimated annual cost savings: S$36,100 Please indicate your Membership Number in the ‘Reference’ or ‘Payment Details’  or ‘Remarks’ section.

*Calculated based on handling an average of S$30,000 – $40,000 cash and 450 checks per month.

19 THE AMERICAN CLUB SINGAPORE