15 Jan '12, 11pm

Banks extend opening hours, set up express counters to meet demand for new notes for Chinese New Year

By Amanda Tan & Amelia Tan Hui Fang The Chinese New Year tradition of giving out red packets filled with crisp, new dollar notes is still going strong and banks here are doing their best to meet the demand for new cash. Some have extended their opening hours and set up express counters for clients to exchange old notes for new ones. Citibank has gone a step further for its premium customers - it has engaged armed Cisco guards to deliver the money to clients personally. Background story SHOWS EFFORT 'It's more than the value of the notes... They symbolise well wishes for the new year and show you put in effort to get them.' PR agency owner Lu Minru, 40, on using new notes When contacted, the banks said the demand for the notes has remained strong through the years. At a POSB branch in Ang Mo Kio last Friday, for example, 40 people were standing in line, each prepared to wai...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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