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ATM machines have been around for a few decades now and have revolutionized the way we handle our money. They have made banking more accessible and convenient, enabling people to access their accounts and conduct transactions 24/7. One of the common transactions that people do at ATMs is depositing cash. This is a convenient way to add funds to your account without having to visit a bank branch. However, some people wonder if ATMs, specifically DBS ATMs, can handle cash deposits. The answer is yes. DBS ATMs are designed to accept cash deposits, and the proce...

AIG Singapore (AIG Asia Pacific Insurance Pte) may be a wholly-owned subsidiary of AIG – a world leading insurance services provider serving quite 70 million clients round the world. In Singapore, AIG serving customers since 1953, being one among the most important General Insurance companies within the country, providing a comprehensive range of insurance packages, aimed to guard both individual consumers and commercial clients. AIG’s innovative solutions covering customers’ Auto, Home, Travel, Personal Accident, Professional Liability, Employer Liability,...

```html How Are Banks Started: Understanding the Foundation of Financial Institutions Have you ever wondered how are banks started and what intricate processes lie behind the birth of these pivotal financial institutions? Banks serve as the backbone of modern economies, facilitating transactions, providing loans, and safeguarding our money. In this comprehensive guide, we delve into the origins of banks, the steps involved in starting a bank, and the essential components that contribute to their successful establishment. The Historical Context of Banking Unders...

All three of Singapore's banks are expected to see profit declines for the first time since 2016 as they set aside cash for a potential spike in bad loans stemming from the coronavirus-fuelled economic slump. Net income at each lender probably slid between 21 per cent and 28 per cent in the three months ended March 31 from a year earlier, according to the average estimates of six analysts surveyed by Bloomberg. DBS Group Holdings, the nation's largest bank, is seen to report the steepest profit drop when it kicks off the earnings season today, while OCBC Ban...

Singapore has emerged as a hub for fintech in recent years, with the government actively encouraging the development of the industry. Fintech, which refers to the use of technology to provide financial services, has grown rapidly in Singapore due to its supportive regulatory environment, strong financial infrastructure, and highly skilled workforce. In this article, we will explore the trends and developments in the fintech industry in Singapore. Digital Payments One of the most significant developments in fintech in Singapore is the rise of digital pay...

OCBC Bank Singapore Branches and Opening Hours OCBC Bank Singapore is one of the banking institutions which have the most ATM and branches all around the Singapore. The current amount of the branches of OCBC Bank Singapore is 67 and they are increasing the number of their branches with each passing day. This bank invests a lot of money in their branches in order to be reachable at any time through various means. In addition to their branches, it is possible for anyone to receive services through ATM, the internet, and telephone banking services. However, you ca...

In this section, you can find the HSBC Bank Branch Locations in Singapore which we have compiled just for our visitors. There are 11 branches in Singapore. It is possible to handle all of your transactions that you want to perform with your bank. Although HSBC Singapore may not have to most branches in the country when compared to the other banks operating in Singapore, you can be sure that they never give up from their understanding of quality service. If you are one of the clients of any HSBC branches in all around the world, you can expect the same quality t...

Measures aimed at easing cash flow concerns to include education, vehicle and renovation loans Individuals can choose to temporarily halt payments for education, renovation and motor vehicle loans, in a move by the Monetary Authority of Singapore (MAS) and the finance sector to ease cash flow concerns amid the coronavirus pandemic. Those with commercial or industrial property loans, as well as mortgage equity withdrawal loans, can also apply to their banks to defer payments until the end of this year, subject to certain requirements. Service fees that are...

The bank has approved three times more loans in March compared to January. United Overseas Bank (UOB) today announced that it will be offering pre-approved loans of up to $200,000 to help ease the short-term liquidity woes of small businesses impacted by the COVID-19 pandemic, the bank announced. The collateral-free loan is intended to help small businesses, which make up two in three of all small- and medium-sized enterprises in Singapore, especially those from hard-hit sectors such as retail and food and beverage, said UOB. The bank has approved three t...

ICICI Bank Singapore Branch ICICI Bank Raffles Quay Branch (with 24/7 Remittance Kiosk) 6 Raffles Quay, Singapore 048580 Opening hours: Monday to Friday: 09.30 am – 3.30 pm Saturday, Sunday and Public Holidays: closed Tel: +(65) 67239009 E-mail: sg.service@icicibank.com ICICI Bank Little India Branch (with 24/7 Remittance Kiosk) 184, Serangoon Road, Singapore 218061 Opening hours: Monday, Wednesday to Friday: 2.30 pm – 8.00 pm Saturday to Sunday: 12.00 pm – 8.00 pm Tuesday and Public Holidays: closed Tel: +(65) 67239009 E-mail: sg.service@icici...

SINGAPORE - Individuals can choose to temporarily halt payments for education, renovation and motor vehicle loans, in a move by the financial sector to ease cash flow concerns arising from the coronavirus pandemic. Those with commercial or industrial property loans, as well as mortgage equity withdrawal loans, can also apply to their banks to defer payments until the end of this year, subject to certain requirements. Service fees that are typically charged for failing to maintain the minimum average daily or monthly balances in one's retail bank account can ...

Why Invest in Singapore? 1. Strategic Location in Asia Singapore’s geographical location at the crossroads of Asia makes it an ideal gateway for international trade and investment. With access to major markets in Southeast Asia, China, and India, Singapore is a hub for regional businesses looking to expand in the Asia-Pacific region. 2. Pro-Business Environment Singapore is consistently ranked among the best countries in the world for doing business. The country’s pro-business policies, transparent regulatory environment, and efficient government make...

What Are Interest Rates for Home Loans? When it comes to purchasing a home, one of the most crucial factors to consider is the interest rate on your home loan. Understanding how interest rates work in the context of home loans is essential for making informed decisions about your mortgage. In this blog post, we will delve into the details of interest rates for home loans and how they can impact your finances. Types of Interest Rates for Home Loans Interest rates for home loans can vary depending on the type of loan you choose. There are generally two main types...

```html Calvin Banks Learns What Stepdad Really Does for a Living In the heart of every family lies a myriad of secrets, some benign and others surprisingly life-altering. For Calvin Banks, a curious teenager with a knack for uncovering truths, the revelation of his stepdad's true profession was both shocking and enlightening. This blog post delves into the intriguing journey of Calvin Banks as he learns what stepdad really does for a living and how it changes the dynamics of their family. The Suspicion Begins Calvin had always wondered about his stepdad's occu...

Guaranteed Payday Loans No Matter What: What You Need to Know Understanding Guaranteed Payday Loans No Matter What When it comes to financial emergencies, sometimes you may find yourself in need of quick cash. In such situations, guaranteed payday loans no matter what can be a viable option to consider. These loans are designed to provide individuals with immediate funds, regardless of their credit history or financial situation. How Do Guaranteed Payday Loans Work? Guaranteed payday loans are short-term loans that are typically repaid on the borrower's...