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Scam prevention: DBS, OCBC and UOB customers can 'lock up' savings from online transactions starting this week

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 The feature, which will allow money locked up to be withdrawn only in person, will be launched by UOB and OCBC on Nov 30.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. ....

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UOB, OCBC and DBS customers can soon 'lock up' savings for in-person withdrawal only, Latest Singapore News

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, ....

Frankie Phua , Beaver Chua , Lockaway Account , Straits Times , The Banking ,

DBS, OCBC and UOB to roll out 'money lock' feature that lets customers block savings from digital transactions

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. ....

Frankie Phua , Beaver Chua , Ust Forum , Google Play , Cyber Security Agency Of Singapore , Association Of Banks , Singapore Ong Ang Ai Boon , Cyber Security Agency ,

New security feature to let bank customers lock up savings for in-person access only

It is the latest measure adopted by banks to make it harder for fraudsters to siphon money. Read more at straitstimes.com. ....

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