More places to withdraw cash for DBS Bank and POSB customers

People queueing to use the DBS ATMs at Raffles Place MRT.
People queueing to use the DBS ATMs at Raffles Place MRT.ST PHOTO: JAMIE KOH

SINGAPORE - DBS Bank has grown its cash withdrawal network, it said on Thursday (Nov 5).

Customers can withdraw up to $200 at all Cold Storage, Market Place, Jasons and Giant stores in Singapore.

This translates to POSB Cash-Point locations at around 800 islandwide. If the DBS-POSB's ATM network is included, the bank has almost 2,000 withdrawal points in Singapore.

The free cash withdrawal service allows customers to take up to $200 - which will come in multiples of $10 - with any item bought.

They have to use their DBS or POSB debit or credit card that is linked to a savings account.

The service, known as POSB Cash-Point, is already available at Guardian Health & Beauty, Sheng Siong and 7-Eleven stores in Singapore, where customers can withdraw up to $100.

For November and December, the first 10,000 customers of each month to withdraw $200 or more via POSB Cash-Point will also get an additional $10 credited into their accounts.