Is Dbs and Posb the Same?

Is Dbs and Posb the Same?

POSB was fully acquired by DBS Bank on 16 November 1998 for S$1.6 billion, and POSB ceased to exist as a statutory board under the Ministry of Finance. The integration of both banks allowed customers of either bank to share the facilities. ... Yeah, this is the surprising fact: DBS bought POSB.

Is POSB account number same as DBS?

All POSB accounts have a standard branch code of 081 while DBS accounts' branch code is the first 3 digits of the account number.

Can you go to POSB for DBS?

For your safety, we encourage you to bank from the comfort of your home with DBS/POSB digibank, and only visit our branches for urgent banking needs. You may bank anytime, anywhere with DBS/POSB digibank, whether it is for personal details update, balance enquiry or payment.

Marcus Vance
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Marcus Vance

Marcus Vance is a cybersecurity auditor and technology writer dedicated to educating the public about online safety, data privacy regulations, enterprise security, and emerging cyber threats.