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Anonymous

04 Jul 2022

∙

Is DBS the same as POSB?

What's the difference between the 2 banks?

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herbert51

14 Mar 2024

DBS (Development Bank of Singapore): A large, for-profit bank offering a wide range of financial products and services, including investment accounts, wealth management, and international banking.
POSB (Post Office Savings Bank): A subsidiary of DBS, known for its focus on consumer banking and serving the local community. It has a large network of branches, particularly in suburban areas, and offers basic banking products like savings accounts, loans, and everyday banking services.

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Missing Q

19 Jul 2022

Both the same

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Cheryl Wee

07 Jul 2022

Hello! POSB and DBS started out as different banks in Singapore, but POSB subsequently got acquired ...

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Currently I have a POSB eSavings account and MySavings account and I intend to have a higher interest earned for thr savings account. Do I open the DBS multiplier acct? If I do, do I close one acct?

Related Posts

I have my savings in POSB, invest STI ETF with DBS & I plan investing inS&P 500 with DBS Vickers. If DBS goes kapoot, does it mean all my investment, savings will be at risk?

Intending to open a DBS Multiplier account. However, I am deciding on which credit card to get - DBS Live Fresh or POSB Everyday? (I spend $300-600 on groceries, food, entertainment, EZ-Link and M1 bills). Any advice?

I have a POSB savings acc & DBS multiplier acc. My CDP account is linked to my POSB acc. If my dividends payout is credited to that this acc, will it unlock the Multiplier investment category?

I have open a DBS multiplier account to enjoy the interest. Previously I was using POSB saving account with 0.05% of interest. Should I close my old account,now that I have the DBS multiplier account?

Hi, I have recently opened the DBS Multiplier account. I would like to increase the interest rate by making transactions in the investment category. What are some possible unit trusts to consider if I already have the POSB Investsaver? ?

Currently I have a POSB eSavings account and MySavings account and I intend to have a higher interest earned for thr savings account. Do I open the DBS multiplier acct? If I do, do I close one acct?

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