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http://www.asiaone.com/News/Latest%2BNews/...413-339606.html I personally do not use POSB, I find that it not only inconvenience low-income earners but also to everyone else especially when you need to buy something small. When a lot of ppl wanna pay for a bowl of $3 noodles with a $50 note how is the hawker gonna come up with so much change? UOB ATMs at least has an option of minimum $80 withdrawal which has a mix of 3 x $10 and 1 x $50. The next option is $200 btw. MAS is printing more $50 dan $10? So difficult to squeeze $10 notes into the ATMs as it takes up more space and hold lesser value dan $50 notes? The cash escorts make less trips if the ATMs are stuffed with $50 notes? Diesel expensive or the COE for the trucks transporting the cash too expensive? OMG, gahment's fault again . Knn, how not to drift the topic to gahment...again? I hope the ppl working at the banks can be smarter dan studying the "cash withdraw pattern" from a machine and give ppl more options coz there's not much to begin with.

Asia's first! ATMs that sells gold . . . http://www.straitstimes.com/news/business/more-business-stories/story/asias-first-gold-dispensing-atms-installed-singapore-20140 SINGAPORE - Singapore now has its first automated teller machines (ATMs) that dispense gold. Two such ATMs were launched on Wednesday morning at Resorts World Sentosa and Marina Bay Sands.The custom-built machines will dispense a variety of pure gold items that produced by top Swiss refiner, PAMP. The gold products - available in a variety of sizes from one to ten grams - will have different prices daily, pegged to the day's global prices. Singapore now has its first automated teller machines (ATMs) that dispense gold. -- On the day of the launch, a one gram pendant cost $100 while a ten gram one cost $660. The company behind the machines, Asia Gold ATM, says it intends to launch two or three more machines "in the near future" as it looks for more locations to base the ATMs.It also touted its ATMs as Asia's first. - See more at: http://www.straitstimes.com/news/business/more-business-stories/story/asias-first-gold-dispensing-atms-installed-singapore-20140#sthash.GFBbOuXR.dpuf

channelnewsasia LATEST: DBS Bank says 400 cases of unauthorised withdrawals found. Half a million dollars in compensation expected. The bank has identified two ATMs at Bugis that were compromised, situation is contained.