[theold]

One month notice to closing account, else make a deposit.

[Lukongsimi]

OCBC?

[Bigbluedot]

bank in 10 sgd lah

[Sentinel]

Close lor

Never be rushed into doing their bidding

[theold]

OCBC?

Yah lor. Yesterday, closed one from another bank.

[talky]

thayt why once a while must withdraw 10sgd or put in 10sgd n update passport to tell the bank is an active acct

[singaporean1964]

bank in 10 sgd lah

POSBANK MINIMUM 500$ DEPOSIT
IF LESS
IT WILL DEDUCT 2 OR MORE $ every mth

[[[ForeverAlone]]]

POSBANK MINIMUM 500$ DEPOSIT
IF LESS
IT WILL DEDUCT 2 OR MORE $ every mth

yea like wise is DBS since they are together POSB and DBS.

OCBC If I not mistaken is min 1k deposit.

[sclim]

put too litle they charge you a small $ every months..
i use to have 1 current account with posb that i no put money. but has auto transfer from saving account.
deduct many years then i found out and close it. must have lost hundreds of $.
no use better close it. just 1 or 2 account for most people ok already. 1 to put bigger sum of money. even bigger one put in fd. use 1 small small one only leave 2-3 k . link with paynow, digibank etc. so even if got hit lost is limited.

[talky]

POSBANK MINIMUM 500$ DEPOSIT
IF LESS
IT WILL DEDUCT 2 OR MORE $ every mth

i though posb passbk acct minimum bal is 100sgd not 500sgd otherwise peanlaty of 2sgd a mth ,no ?

[RiseofAsia]

i though posb passbk acct minimum bal is 100sgd not 500sgd otherwise peanlaty of 2sgd a mth ,no ?

It is $500 dollar lah.
Digital banks dont have this kind of nonsense.

Put shopee maribank still can earn daily interest and have no minimum deposit.

[RiseofAsia]

yea like wise is DBS since they are together POSB and DBS.

OCBC If I not mistaken is min 1k deposit.

Private banks mostly need 1k min deposit.

[victortan]

SCAM,,,, be careful.

[Verqillius]

Some banks are quick to flag accounts as inactive, especially if there’s little to no movement. I once had a similar issue, and it turned out they just needed a simple verification. If you run a business that gets irregular payouts, looking into a high risk merchant account could help. These accounts are meant for businesses with unusual transaction patterns, so they might be more flexible with activity levels.