SINGAPORE UOB, OCBC and DBS Bank customers can lock up funds in their bank accounts to block the money from any digital transaction starting this week. The feature, which will allow money locked up to be withdrawn only in person, will be launched by UOB and OCBC on Nov 30. DBS Bank will progressively roll out its take on.
Singapore News - UOB, OCBC and DBS Bank customers can lock up funds in their bank accounts to block the money from any digital transaction starting this week. The feature,
SINGAPORE A new security feature that allows bank customers to block their savings from digital transactions will be rolled out by major banks DBS, OCBC and UOB by the end of November. Once locked in, the money cannot be transferred through digital means, but can be moved only in person at an ATM or at a branch, depending on.