14 Jan '12, 9pm

DBS rolls out additional measures against unauthorised withdrawals. Will you feel more secure?

SINGAPORE - As two Malaysian men were charged in court yesterday, DBS bank introduced two additional security measures last night to guard against unauthorised ATM withdrawals. DBS/POSB ATM/debit card-holders who have not used their cards outside Singapore since July 1 last year will not be able to make ATM cash withdrawals overseas, unless the bank is instructed. This means that those who historically used their ATM/debit cards locally will now have to inform the bank should they want to make cash withdrawals overseas. They can enable the overseas cash withdrawal function at any DBS/POSB ATM branch or call 1800-220 1111. And from Tuesday, those who have chosen to enable their cards for overseas use will also receive a real-time SMS alert confirming their request. DBS has advised its customers to provide their current mobile phone numbers to enable the bank to provide real...

Full article: http://www.todayonline.com/Singapore/EDC120115-0000017/DB...

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