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Posb introduces first coin deposit machine achool this is part of its 2010 School Outreach Programme to educate the young on the importance of saving for the future.When the coin banks are filled up, the children can bring their savings to their favourite posb branch and deposit the money into their posbkids saving accounts.Instant crediting into your account with our coin deposit machine.Three other schools who are keen to have the coin deposit machines installed are Telok Kurau Primary, Loyang Primary and Pasir Ris Primary.Find an AXS service near you.My only hope is that it could be extended to all form of coins saving by the child in regardless of whether the "Piggy Bank" is issued by posb or not.
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This is the first time where a coin deposit machine is brought into the school compound, to let the children experience depositing the coin themselves.
This year's programme is designed to provide experiential learning and will include several firsts for the school children.
Due to the little amount of coins.
Being neighbours first, bankers second, posb has reached out to generations of Singaporean youth through its School Outreach Programme.Coin deposit fee is automatically waived for: posbkids Account until the child turns 16 years old, for the first 1,000 pieces deposited per calendar month.Withdrawals S10, S50 notes at all machines.No coin-deposit fee is levied for these children.Coin Deposit Fees,.015 per piece (total fee rounded to the nearest one cent).It is an interesting way to encourage our pupils to pick up the good habit of saving money and to promote environmental awareness by recycling the coins back into the economy, and reducing the use of raw materials to produce new coins said Mrs Daphne.Singapore, posb today launched its 2010 School Outreach Programme at White Sands Primary School.Posb is partnering The Singapore Mint in this year's school outreach programme.Cash deposit, including deposit into third party DBS Corporate Accounts S2, S5, S10, S50, S100, S1,000.Note: Accepted accounts : DBS Current/Autosave Account, DBS Savings Plus Account, posb Savings/Current Account, posbkids Account posb Child Development Account (1 Account per transaction).
I wanna bank in 228 coins (72 50cent, 36 20cents, 110 10cents, 10 5cents).5.
Coin deposits will only be accepted to the nearest 5 cents.
Funds transfer, dBS credit card bill payment with cash/card.