GIRO’s current paper based applications is a hassle. This manually intensive process takes an average of 3 weeks before the auto deduction is set up. The Association of Banks in Singapore along with 8 major banks came together to transform this process.

By delivering a digital transformation of GIRO application into a safe, seamless and secure online process, leveraging cloud technology your way, ABS hopes to improve customer experience and deliver greater efficiency on the support of the nation’s Smart Nation Vision of becoming a smart financial hub.

During pandemic times where cash flow is critical for businesses, eGIRO enables service providers faster collection cycles with better process efficiency. To consumers, eGIRO simply makes it easy and convenient where processing turnaround time will be drastically reduced from 3 weeks to just minutes for a typical consumer.