30 January 2015

POSB expands number of locations where new notes can be collected

Source: POSB eDM.

From February 2 DBS and POSB customers in Singapore can obtain the new notes for Chinese new year in more locations. New notes are considered de rigeur as cash gifts during the new year, placed in red packets (ang pows or lai see) and given to children for luck during the festive period. The heads of some businesses may also distribute such gifts on the first day back to work after the new year holiday.

New notes will be available* at these locations:

1. All SingPost post offices


Exchange amount
Combination
S$500#
S$2 x 100 notes + S$10 x 30 notes (new)
S$1,000
S$10 x 50 notes + S$50 x 10 notes (new)

A DBS or POSB ATM or debit card is required. Post offices can be located here.

2. Pop-up ATMs at Community Clubs (CCs)


Withdrawal amount
Combination
S$100
S$2 x 50 notes (good-as-new)
S$300
S$10 x 30 notes (new)
S$500
S$50 x 10 notes (new)
S$1,000
S$50 x 16 notes + S$10 x 20 notes (new)

The pop-up ATMs will be at:

  1. Bukit Batok CC, 21 Bukit Batok Central, S659959
  2. Chong Pang CC, 21 Yishun Ring Road, S768677
  3. Henderson CC, 500 Bukit Merah View, S159682
  4. Kreta Ayer CC, 28A Kreta Ayer Road, S088995
  5. Kampong Chai Chee CC, 200 Bedok North Ave 1, S469752
  6. Mountbatten CC, 35 Jalan Satu, S399479
  7. Teck Ghee CC, 861 Ang Mo Kio Ave 10, S569734
  8. Toa Payoh West CC, 200 Lorong 2 Toa Payoh, S319642
  9. Yew Tee CC, 20 Choa Chua Kang Street 52 #01-01, S689286
  10. Yuhua CC, 90 Boon Lay Way, S609958
For more information on operating hours, visit www.posb.com.sg/cnynotes

*While stocks last.
#Exchange amount of S$500 is limited to a maximum of three packs per customer.