POSB: Charges for Cash deposit

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POSB: Charges for Cash deposit

Postby raysusan » Mon Oct 10, 2011 11:20 am


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Re: POSB: Charges for Cash deposit

Postby Nebbermind » Mon Oct 10, 2011 11:24 am

think mostly businesses who will walk in with $20k cash.

But I cannot figure out the math....0.05% of $20k is $10....how come min is $5?? :?

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Re: POSB: Charges for Cash deposit

Postby caroline3sg » Mon Oct 10, 2011 11:27 am

How about non business like us? They discourage over the counter to relieve the queue? And urge us to use their cash deposit machines? The machines always break down.

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Re: POSB: Charges for Cash deposit

Postby patntee » Mon Oct 10, 2011 11:32 am

Nebbermind wrote:think mostly businesses who will walk in with $20k cash.

But I cannot figure out the math....0.05% of $20k is $10....how come min is $5?? :?

0.05% is on the excess of $20k actually.

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Re: POSB: Charges for Cash deposit

Postby Nebbermind » Mon Oct 10, 2011 11:38 am

o i c :oops:

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Re: POSB: Charges for Cash deposit

Postby Oppsgal » Mon Oct 10, 2011 4:21 pm

caroline3sg wrote:How about non business like us? They discourage over the counter to relieve the queue? And urge us to use their cash deposit machines? The machines always break down.


Do the internet banking? deposit into another bank, internet bank to this bank account? :rotflmao: since the machines break down...

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Re: POSB: Charges for Cash deposit

Postby Jennifer » Tue Oct 11, 2011 9:36 pm

caroline3sg wrote:And urge us to use their cash deposit machines? The machines always break down.


Must be very unlucky to encounter this "always break down machine" all the time.

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Re: POSB: Charges for Cash deposit

Postby pinky » Wed Oct 12, 2011 9:46 am

Jennifer wrote:
caroline3sg wrote:And urge us to use their cash deposit machines? The machines always break down.


Must be very unlucky to encounter this "always break down machine" all the time.


the 2 miserable machines near my place break down at least 3-4 times a week so I told the recep: ask your boss to set up a table so that your contractor can station a technician here full time to service the machines ? :stupid: :slapshead: :stompfeet: :mad: :rant:

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