08 Oct '11, 1pm

New POSB rule? Pay a fee if you withdraw money more than 4 times a month: A supposed new POSB rule indicates t...

New POSB rule? Pay a fee if you withdraw money more than 4 times a month: A supposed new POSB rule indicates t...

A supposed new POSB rule indicates that a $2 fee will be imposed if more than 4 ATM withdrawals are made within a month. STOMPERS JK and Seriousbo expressed surprise at the new "secret" rule. The rule, which has been circulating on Twitter, reads: "The first 4 ATM cash withdrawals in each month are free. There will be a $2 ATM withdrawal fee should you exceed 4 ATM cash withdrawals in the month, including at ATMs overseas." STOMPer JK says: "First 4 ATM cash withdrawals are free? "I saw this poster spreading around on Twitter; is it real? STOMPer Seriousbo adds: "Is this true? Hidden rule from POSB regarding ATMs. "I saw this picture circulating on Twitter. "I seriously didn't know this rule existed. "If it's true, why the need to do so? Aren't ATMS for our convenience? "What if the person is a student and withdraws cash very often and he didn't know this rule existed, onl...

Full article: http://singaporeseen.stomp.com.sg/stomp/sgseen/this_urban...

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