DBS Bank
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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.
DBS/POSB's Bank code is 7171. All POSB accounts have a standard branch code of 081 while DBS accounts' branch code is the first 3 digits of the account number.
Address of Beneficiary Bank: 12 Marina Boulevard, DBS Asia Central, Marina Bay Financial Centre Tower 3, Singapore 018982. Country: Singapore. SWIFT Address/Code: DBSSSGSG. Note: All incoming transfers are processed based on the above details. You do not need to provide a branch name / branch code.
POSB Bank Singapore – Main/Head Office – Online Banking-Hotline. The bank started its banking journey as a post office savings bank on 1st January 1877. The bank is considered to be the oldest bank in Singapore.
The Post Office Savings Bank (POSB) was established by the British colonial government in 1877 to provide banking facilities for lower-income groups.1 Following Singapore’s separation from Malaysia in 1965, control of the POSB was transferred to the Postmaster-General of Singapore in 1966.2 In 1972, POSB was turned into a statutory ...
When you want to set up a funds transfer from another bank to your POSB/DBS account, you need to know what is the branch code. No matter where it is located, be it Tampines, Yishun or Clementi, all POSB accounts have a standard branch code of 081.
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Feb 13, 2024 · Citibank was the first American bank to open in Singapore. In 1902, known as the International Banking Corporation (IBC), it established a Singapore branch. ABN Amro, via a historical banking ancestor, is also tied to Singapore – establishing a presence in the late 1800s.
POSB Bank Branches & ATMs. Experience effortless banking from the comfort of your own home, whether it is to update your personal details, check your account balance or make a payment. We have made it easy and convenient for you to manage your finances with just a few clicks.
Frequently Asked Questions, DBS and POSB are two of the most popular banks in Singapore, and many people often wonder if they are the same or not. Although both are part of the DBS Group, they are different entities with their own unique features and functions.
