DBS/POSB kicks off Lunar New Year new notes exchange at all pop-up ATMs and other locations

Singapore, 02 Feb 2015 - Starting today, DBS/POSB customers can withdraw new and good-as-new notes at all 29 pop-up POSB ATMs, specially set up at 10 community clubs islandwide, to meet customers’ need for greater ease and convenience. All DBS/POSB customers will also be able to withdraw new notes at all 58 SingPost branches in Singapore.

 
Customers at Yew Tee Community Club await their turn to withdraw new notes for Lunar New Year using the pop-up ATMs

From 6 to 8 February, to further spread festive cheer, the DBS/POSB “God of Fortune” will make special appearances at the 10 community clubs to distribute red packets to customers withdrawing new notes. During his appearance, the “God of Fortune” will also hold a “Lucky Dip” at each location and customers will stand to win cash prizes or shopping vouchers.

Customers withdrawing new notes at the pop-up ATMs – Singapore’s first

DBS/POSB customers withdrawing new notes at SingPost outlets are also entitled to one “Scratch & Win” card for each transaction till 18 February, and can claim their prizes immediately over the counter or at any other SingPost outlet, subject to availability. Prizes up for grabs include abalone gift sets, zodiac goat stamp sets and discounts for abalone gift sets.

 
Jeremy Soo, Managing Director and Head of Consumer Banking Group (Singapore), DBS Bank, with DBS’ God of Fortune and POSB staff

Jeremy Soo, Managing Director and Head of Consumer Banking Group (Singapore), DBS Bank, said, “We understand that the Lunar New Year season is a busy period for our customers and that is why we want to provide them with greater ease and convenience, and ensure that exchanging notes is as simple and fuss-free as possible. At the same time, during this season of celebration, we also want to spark joy and spread festive delight, hence the little surprises and gifts to lucky DBS/POSB customers as they withdraw new notes.”

 
Send tailored e-calendar invites to your loved ones using DBS Joyous Moments

The pop-up POSB ATMs will be located at 10 community clubs at Bukit Batok, Chong Pang, Henderson, Kreta Ayer, Kampong Chai Chee, Mountbatten, Toa Payoh West, Yew Tee, Yuhua and Teck Ghee. The ATMs located at Chong Pang, Kampong Chai Chee, Toa Payoh West and Teck Ghee will be in community clubs which are open from 9am to 10pm daily while the remaining ATMs in the other locations will be fully operational round-the-clock. All DBS/POSB branches will close at 1pm on Wednesday, 18 February (Lunar New Year’s Eve) and will open for business after the Lunar New Year holidays on Saturday, 21 February.

DBS Joyous Moments is an online social tool that gives one that extra spark and push to spend quality time with loved ones

Customers will be able to use their DBS/POSB ATM card to withdraw new and good-as-new notes in sums of SGD 100 (SGD 2 x 50), SGD 300 (SGD 10 x 30), SGD 500 (SGD 50 x 10) and SGD 1,000 (SGD 10 x 20; SGD 50 x 16) from these ATMs, up to their individual card limit. At all SingPost branches, customers can also use their DBS/POSB ATM card to withdraw new notes in two pre-packed options – SGD 500 (SGD 2 x 100; SGD 10 x 30) and SGD 1,000 (SGD 10 x 50; SGD 50 x 10).

The bank is also providing innovative ways to celebrate Lunar New Year via its new digital offerings. DBS PayLah! (go.dbs.com/PayLah), a mobile wallet that allows customers to easily send and receive cash via their mobile phones, now has a special “eAng Bao” feature. Users who have loved ones working or travelling this festive season can now send them an eAng Bao via DBS PayLah! anytime, anywhere.

Some things are even more precious than money – such as spending time with loved ones. Caught up in the busy rush of daily life and Lunar New Year preparations, many are hard pressed to set aside time to plan special activities with their family and friends. To celebrate this special season, DBS will be introducing DBS Joyous Moments, an online social tool that gives one that extra spark and push to spend quality time with loved ones. With DBS Joyous Moments, everyone can send tailored e-calendar invites to ensure that the holidays will be well-spent enjoying fun activities with family and friends. This service will soon be rolled out across four markets (Singapore, China, Hong Kong and Taiwan).

For more information on DBS/POSB’s new notes exchange initiatives this Lunar New Year, please visit www.dbs.com.sg/cnynotes or www.posb.com.sg/cnynotes.

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DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for six consecutive years from 2009 to 2014.

DBS provides a full range of services in consumer, SME and corporate banking activities across Asia. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. These market insights and regional connectivity have helped to drive the bank’s growth as it sets out to be the Asian bank of choice. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 21,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.