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Post Office Savings Bank (Chinese: 郵政儲蓄銀行; pinyin: Yóuzhèngchǔxù Yínháng), often known as POSB Bank, is a Singaporean bank offering consumer banking services and is the oldest local bank in continuous operation in Singapore and currently operates under the DBS Bank. A POSB branch at Waterway Point, in Punggol.
POSB is a subsidiary of DBS Bank, the largest bank in Singapore. The full name of POSB is Post Office Savings Bank, and its bank code is 7171.
POSB stands for Post Office Savings Bank, a bank established by the British colonial government in 1877 to serve lower-income groups. It became a statutory corporation in 1972 and was acquired by DBS in 1990.
DBS digibank allows you to view your account balances, transfer money and pay bills, apply for new accounts and credit cards instantly, and manage your finances, anytime, anywhere. New to DBS/POSB customers. How can I get digibank access? Get your digibank access and open your first account thru digibank mobile app, in just one application.
Serving your banking needs 24/7. Get in Touch with Us. Message Us. Important: If you need help urgently to report scams, fraudulent transactions or lost cards, please call us. Share your banking enquiry or feedback via digibot simply by following the steps below: Click the "Message Us" button below.
Feb 13, 2024 · In 1998, DBS acquired POSB for $1.6 billion as part of the government’s call for a consolidation of local banks to effectively compete internationally. POSB itself is an acronym for Post Office Savings Bank.
DBS Bank Limited is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore.
