Tight security in place for DBS/POSB pop-up ATMs for Chinese New Year

Temporary cash withdrawal machines installed by DBS may just be around for a short while but it does not mean their security measures are any less stringent. -- PHOTO: DBS
Temporary cash withdrawal machines installed by DBS may just be around for a short while but it does not mean their security measures are any less stringent. -- PHOTO: DBS

SINGAPORE - Temporary cash withdrawal machines installed by DBS for the coming festive season may just be around for a short while but it does not mean their security measures are any less stringent.

Starting from early next month, these pop-up ATMs will dispense new and good-as-new notes to DBS and POSB customers for Chinese New Year hongbaos.

The bank said on Wednesday in response to Straits Times queries that the pop-up ATMs will have the same surveillance and security measures in place as its other network of ATMs.

This means the pop-up ATMs will be installed at main podiums which are well-lit, with high visibility to the public.

All the pop-up ATMs will also have surveillance cameras installed.

"Banking security is of foremost concern to us at DBS and we use industry-leading security technology and protocols to ensure that our customers' information and money are safe, all the time," said a spokesman.

There have been concerns about whether it will be safe for people withdrawing large amounts of cash at the pop-up ATMs.

The bank said on Tuesday that it is installing 29 pop-up POSB ATMs at 10 community clubs, namely, Bukit Batok, Chong Pang, Henderson, Kreta Ayer, Kampong Chai Chee, Mountbatten, Toa Payoh West, Yew Tee, Yuhua and Teck Ghee.

Other than those ATMs at Chong Pang, Kampong Chai Chee and Teck Ghee which are operational from 9am to 10pm daily, the rest will operate round-the-clock.

They will be moved to other locations after the festive season, but could see a return if demand is strong.

So far, the signs are good.

"We are seeing great interest in our pop-up ATMs, and the positive response to this initiative in the social media space is greatly encouraging," said the spokesman.