POSBank
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. POSBank (or POSB) (Chinese: ) is a brand of consumer banking services offered by DBS Bank in Singapore, after it was acquired by the latter in November 1998. Prior to this, it was a major public bank which began life as the Post Office Savings Bank, offering low-cost banking services to Singaporeans. DBS Bank attempts to continue this tradition by promising to keep costs low for basic savings accounts, and to exempt children, full time students below the age of 21 yea...
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. POSBank (or POSB) (Chinese: ) is a brand of consumer banking services offered by DBS Bank in Singapore, after it was acquired by the latter in November 1998. Prior to this, it was a major public bank which began life as the Post Office Savings Bank, offering low-cost banking services to Singaporeans. DBS Bank attempts to continue this tradition by promising to keep costs low for basic savings accounts, and to exempt children, full time students below the age of 21 years and full time National Servicemen from bank charges.The Post Office Savings Bank was established on 1 January 1877 in the General Post Office Building, in Raffles Place by the British Government. The bank had a relatively glorious past; by 1951, the bank had its 100,000th depositor, and followed a slow decline after the reaching its peak in 1955.
