The three banks said they have also noticed greater receptiveness towards digital gifting. Read more at straitstimes.com. Read more at straitstimes.com.

As the festive spirit of Chinese New Year approaches, Singapore's banks are gearing up to facilitate the collection of new and fit-for-giving notes, commonly known as hongbaos, starting February 3.

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MAS added that customers of DBS, OCBC and UOB, except those aged 60 and above, or persons with disabilities, who wish to ...

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More than 16 million fit notes were exchanged at Singapore's banks last year, a 40 per cent increase from the previous year.

In a bid to streamline the exchange of hongbao notes, the Monetary Authority of Singapore (MAS) has introduced a pre-booking system through major banks including DBS, OCBC, and UOB. Customers wishing ...

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