facebookIf my salary is credited into a POSBank savings account, and I manually transfer my salary into my DBS multiplier account, does that count as salary crediting? - Seedly

Anonymous

25 Oct 2020

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If my salary is credited into a POSBank savings account, and I manually transfer my salary into my DBS multiplier account, does that count as salary crediting?

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Baby Steps Finance

25 Oct 2020

Seedly Student Ambassador 2020 at Seedly

No. You can actually see that there is a difference. If you look at your POSB account, the day that salary comes in, beside the amount you will see SAL. That is salary crediting. But when you transfer money, you can see that the abbreviation is different so it is not. That is how the bank assigns.

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