Its not so much of whether you used it before but whether those who are transfering the funds to you have used it before.
You just need to shake leg n wait for the $$ to turn up in your bank account.
But you might have to provide you bank account no. and for those who might want to do internet banking with their DBS/POSB account, you would have to provide the branch of the bank that you have registered under as well.
Those who did inter bank fund transfer before should know what im talking about.
Just thought it might save everyone the trouble of meeting up just to make the payment.