POSB/DBS min $50

[Kelvingoh45]

Many ah long and book makers use POSB thus Q longer.

[Jp66]

2.) Streamline the withdrawing process.

 

Press pin, press language selection, press account selection and straightaway you just press the $50 option and hey presto, money. 5 to 10 seconds extra per head can snowball to quite some waiting time in a long queue.

I always press PIN, press MyATM, then take the $ and go.

[AronTan]

me leh.. i always draw 40 instead of 50.

 

i used to withdraw 80 so that i've some $10 bills to slowly use.

but now, money disappears so fast that i've no choice but to withdraw 200 every time i go ATM.

[Little_prince]

i gave up on POSB long ago.. use SCB now... better interest better cash back shorter queue infact no queue. SCB priority banking also swee

call in to kaobei also answer phone faster.

 

now the bonus saver interest not bad 1.88% but only up to first 25k nia.

 

cimb star saver pretty decent too. 0.9% iirc.

[Nlatio]

i kena 3 in a row doing transfer before.

 

on top of that, the one directly infront of me topped up ezlink as well as cashcard on top of drawing money and transfer

 

You not yet see the faker who do transaction for the whole farking village.... ......

[LoverofCar]

Had a discussion on HWZ regarding this.

 

is the $50 min at most popular POSBs these days really needed?

 

and whats their main purpose?

 

so they can deduct money from your account when it is below the min.....

[Solar]

call in to kaobei also answer phone faster.

 

now the bonus saver interest not bad 1.88% but only up to first 25k nia.

 

cimb star saver pretty decent too. 0.9% iirc.

 

 

tiko rangers can try going SCB kovan.. there's one sexy banker (not the front desk though).

that time she was wearing short skirt and low cut

 

cimb star saver 0.8 nia... for a while got happy a bit.. till i confirmed from their website

[Little_prince]

tiko rangers can try going SCB kovan.. there's one sexy banker (not the front desk though).

that time she was wearing short skirt and low cut

 

cimb star saver 0.8 nia... for a while got happy a bit.. till i confirmed from their website

think early batch 0.9%. new sign up 0.8%

 

i saw one maybank lady also damm hot. wear tight tight but wrap like bak zhang, but curves are fantastic

[Chucky2007]

i no queue der too...i use privilege lah.....go inside relac

For UOB, SGX branch or MBFC branch is usually quiet.

[Chucky2007]

Had a discussion on HWZ regarding this.

 

is the $50 min at most popular POSBs these days really needed?

 

and whats their main purpose?

I would say the reason is so that the ATM will not be drawn out of cash too fast and it can last longer. Each time Cisco loads cash into one ATM, it can take about 2-4 cartidge of cash notes, $50 in one cartridge will be 100k worth, and $10 denomination will only be 20k worth. They load 3 cartridge of $10 deno n 1 cartidge of $50 only $160k.. very fast finish as posb lot of customer withdraw small deno if available. So Cisco gotta go more than 1x per day so incur additional cost and when ATM runs out of cash, also creates customer service issues.

 

[Chucky2007]

Delete

Edited October 18, 2012 by Chucky2007

[Chucky2007]

Delete

Edited October 18, 2012 by Chucky2007

[Evillusion]

Heng I UOB.....nto many ppl wan this bank....muahahahah...most ATMs no queue

You Owe Bee for what! i rather not owe anybody! [laugh]

[Dumb]

the small amounts is not the problems...

 

its actually those doing transfers..

 

never heard of internet banking?

 

You never heard that many still got no internet not to say internet banking.

[AronTan]

I would say the reason is so that the ATM will not be drawn out of cash too fast and it can last longer. Each time Cisco loads cash into one ATM, it can take about 2-4 cartidge of cash notes, $50 in one cartridge will be 100k worth, and $10 denomination will only be 20k worth. They load 3 cartridge of $10 deno n 1 cartidge of $50 only $160k.. very fast finish as posb lot of customer withdraw small deno if available. So Cisco gotta go more than 1x per day so incur additional cost and when ATM runs out of cash, also creates customer service issues.

 

i think the more you draw, the more you spend.

so yeah whatever it is, it works to their advantage.