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NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, CIMB and UOB to make payments using their physical/contactless ATM cards or mobile devices at more than 120,000 acceptance points in Singapore including major retailers, food courts, hawker centres, convenience stores and supermarkets.
It's not easy to find banks that give debit card the same day you open your account or that issue replacement same day debit cards if you've lost your card. However, a handful of traditional banks ...
Most of the time, your card issuer or bank sends you a new card right before your existing card expires. Credit cards and debit cards make in-person purchases much more convenient, and they make ...
POSB Newton Branch POSB deposit and cash withdrawal machines located at Bugis MRT station. On 24 July 1998, the Ministry of Finance announced the acquisition of POSBank by DBS Bank, [11] [12] which was fully acquired on 16 November 1998 for S$1.6 billion, [3] at the same time, ceased to exist as a statutory board under the Ministry of Finance.
DBS has been listed on the Dow Jones Sustainability Asia Pacific Index since 2 October 2018, making it the first bank in Southeast Asia to do so. [10] DBS was one of the first companies in Singapore to be recognised for gender equality efforts along with City Developments Limited in the first Bloomberg L.P. Gender-Equality Index (GEI) that was ...
As of 31 December 2015, POSB had total assets valued at US$133.7 million, with $63.81 million in customer deposits and made an after-tax profit of US$7.9 million in the calendar year 2015. [ 2 ] As at that time, the bank had over 500,000 savings accounts, maintained 34 brick and mortar branches, [ 3 ] operated 220 agency branches through ...
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Singapore, later renamed POSB Bank; Kenya, also known as the Kenya Post Office Savings Bank; Austra, also known as the Österreichische Postsparkasse; Zimbabwe, later renamed the People's Own Savings Bank; Note that some of these institutions are no longer affiliated with a postal service, often as a result of privatization