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The water resources of Singapore are especially precious given the small amount of densely settled land. Singapore receives an average of 2,400 mm of rainfall annually, well above the global average of 1,050 mm. The constraint is the limited land area to catch and store the rainfall, and the absence of natural aquifers and lakes. [11]
Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
PUB, Singapore's National Water Agency, commonly known as PUB, an acronym for Public Utilities Board, is a statutory board under the Ministry of Sustainability and the Environment of the Government of Singapore responsible for ensuring a sustainable and efficient water supply in Singapore.
Step 3: Open a new bank account Opening a new bank account is a straightforward process. You may need to provide details such as your ID, social security number, legal address, and contact info.
To open a bank account, you'll need to provide the bank with some essential information and documents. This helps the bank prevent fraud and ensure your security. (Check our top best online banks .)
Savings competitions were also organised among all public and government-aided schools to encourage students to open an account with the bank. From 1966 to 1969, the number of accounts opened increased from 10,596 to 174,506 with deposits totaling S$57.7 million in 1969. [8]
DBS Bank Limited is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. The bank was previously known as The Development Bank of Singapore Limited, which "DBS" was derived from, before the present abbreviated name was adopted on 21 July ...
Apply for an account: The first step is submitting pertinent personal information after customers find a bank they want to open an account with. Follow the application steps laid out on the website.