Ssb1: Application for Dbs Self-Service Banking
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Next-Gen Technology Transformation in Financial Services
April 2020 Next-gen Technology transformation in Financial Services Introduction Financial Services technology is currently in the midst of a profound transformation, as CIOs and their teams prepare to embrace the next major phase of digital transformation. The challenge they face is significant: in a competitive environment of rising cost pressures, where rapid action and response is imperative, financial institutions must modernize their technology function to support expanded digitization of both the front and back ends of their businesses. Furthermore, the current COVID-19 situation is putting immense pressure on technology capabilities (e.g., remote working, new cyber-security threats) and requires CIOs to anticipate and prepare for the “next normal” (e.g., accelerated shift to digital channels). Most major financial institutions are well aware of the imperative for action and have embarked on the necessary transformation. However, it is early days—based on our experience, most are only at the beginning of their journey. And in addition to the pressures mentioned above, many are facing challenges in terms of funding, complexity, and talent availability. This collection of articles—gathered from our recent publishing on the theme of financial services technology—is intended to serve as a roadmap for executives tasked with ramping up technology innovation, increasing tech productivity, and modernizing their platforms. The articles are organized into three major themes: 1. Reimagine the role of technology to be a business and innovation partner 2. Reinvent technology delivery to drive a step change in productivity and speed 3. Future-proof the foundation by building flexible and secure platforms The pace of change in financial services technology—as with technology more broadly—leaves very little time for leaders to respond. -
Fast and Secure Transfers – Fact Sheet
FAST AND SECURE TRANSFERS – FACT SHEET NEW ELECTRONIC FUNDS TRANSFER SERVICE, “FAST” FAST (Fast And Secure Transfers) is an electronic funds transfer service that allows customers to transfer SGD funds almost immediately between accounts of the 24 participating banks and 5 non-financial institutions (NFI) in Singapore. FAST was originally launched on 17 March 2014 and included only bank participants. From 8th February onwards, FAST will also be available to the 5 NFI participants. FAST enables almost immediate receipt of money. You will know the status of the transfer by accessing your bank account via internet banking or via notification service offered by the participating bank or NFI. FAST is available anytime, 24x7, 365 days. Payment Type Receipt of Payments FAST Almost Immediate, 24x7 basis Cheque Up to 2 business days eGIRO Up to 3 business days Types of accounts that you can use to transfer funds via FAST (Updated on 25 Jan 2021) FAST can be used to transfer funds between customer savings accounts, current accounts or e-wallet accounts. For some banks, the service can also be used for other account types (see table below). Other Account types that you can use FAST Participating Bank to transfer funds via FAST Transfer from Transfer to (Receive) (Pay) 1 ANZ Bank MoneyLine MoneyLine 2 Bank of China Credit Card Credit Card MoneyPlus MoneyPlus 3 The Bank of Tokyo-Mitsubishi UFJ - - 4 BNP Paribas - - 5 CIMB Bank - - 6 Citibank NA - - 7 Citibank Singapore Limited - - 8 DBS Bank/POSB Credit Card Credit Card Cashline Cashline 9 Deutsche Bank - - 10 HL Bank - - 11 HSBC - - 12 HSBC Bank (Singapore) Limited - - 13 ICICI Bank Limited Singapore - - 14 Industrial and Commercial Bank of China Limited Debit Card Debit Card Credit Card 15 JPMorgan Chase Bank, N.A. -
Dbs Bank Ltd. Prices the Market's First Singapore
DBS BANK LTD. PRICES THE MARKET’S FIRST SINGAPORE OVERNIGHT RATE AVERAGE (“SORA”)-REFERENCED NOTES * * * SINGAPORE, 6 May 2020 – DBS Bank Ltd. (“DBS Bank”) has successfully priced the industry’s first SORA-referenced floating rate notes (the “Notes”) under its USD 30 billion Global Medium Term Note Programme (the “Programme”). The issue of the Notes supports the Association of Banks in Singapore and the Singapore Foreign Exchange Market Committee (ABS-SFEMC)’s roadmap for the development of new SORA-based markets. On 30 August 2019, ABS-SFEMC announced that the discontinuation of the London Interbank Offered Rate (LIBOR) would affect the sustainability of the SGD Swap Page 1 of 5 DBS Group Holdings Ltd Tel: 65.6878 8888 12 Marina Boulevard DBS Asia Central @ Marina Bay Financial Centre Tower 3 Singapore 018982 www.dbs.com Co. Reg. No. 199901152M Offer Rate (SOR)1, and held a public consultation on the use of SORA as the new interest rate benchmark to replace SOR. More recently, the Steering Committee for SOR Transition to SORA (“SC-STS”) published the response to feedback on 19 March 2020, together with a roadmap for the transition. SORA is a transaction-based interest rate benchmark underpinned by the SGD overnight interbank funding market and has been published by the Monetary Authority of Singapore since July 2005. As the first financial institution in Singapore to successfully price the issue of a SORA-referenced floating rate note, DBS Bank has taken the first step to pave the way for further SORA adoption. The Notes have a notional amount of SGD 20 million and a tenor of 1 year. -
The 50 Years
The 50 years. Foreword 5 Peter Seah, Piyush Gupta A bank is born 7 S Dhanabalan The courage of youth 12 S Dhanabalan Best of all leaders 18 J Y Pillay From negative to positive 22 Ang Kong Hua Of fishmongers and stallholders 26 Shirley Loo-Lim A first against all odds 32 N Ganesan Buses, planes and the stock exchange 36 Tan Soo Nan Daring to do 40 Hong Tuck Kun The condo project that almost wasn’t 44 S Dhanabalan, Ng Kee Choe Ruffling feathers 48 Ng Kee Choe, Elsie Foh City within a city 52 Lau Chan Sin Grand old dame gets a facelift 56 Loh Soo Eng A game-changing first 60 Elsie Foh Putting Singapore on the map 64 Eng-Kwok Seat Moey Turning crisis into opportunity 69 Jeanette Wong A dino-mite story 73 Digor (The last dinosaur alive) A Smart Buddy for a Smart Nation 79 P’ing Lim, Jeremy Soo The journey together continues 85 Chester Teo (A reel-life character) Beyond dollars and cents 89 Eric Ang 50 Enterprises of Change 94 50 Memorable Highlights 146 Once upon a time... 4 Foreword This year, DBS turns 50. With our coming of age, it’s inevitable that we’ve been a little introspective, remembering our roots and celebrating our rich heritage as the former Development Bank of Singapore. In many ways, the DBS story mirrors that of Singapore’s. After all, the bank was founded in 1968, just three years after the independence of Singapore – for the express purpose of financing the nation’s development and industrialisation. -
Ssb3: Debit Card Updates / / / / /
SSB3: DEBIT CARD UPDATES If only Part A or B is completed, please send to: DBS Bank Ltd – Credit Ops, 2 Changi Business Park Crescent, #07-03, DBS Asia Hub, S486029. If only Part C is completed, please send to: DBS Bank Ltd – Account Services, Simpang Bedok Post Office, PO Box 215, Singapore 914808, unless otherwise stated. If Part A, B and C are completed, please send to: DBS Bank Ltd – Credit Ops, 2 Changi Business Park Crescent, #07-03, DBS Asia Hub. Name: IC/ Passport No.*: Existing Debit Card (“Card”) No.: PART A: Instruction for POSB Multitude, Takashimaya Debit, Capita Debit, DBS SUTD, DBS NUSSU, HomeTeamNS-PAssion-POSB or SAFRA DBS Debit Card ☐ Lost (Please call Lost Card No. at 18001111111 immediately to report loss of your Card.) ☐ Non-receipt ☐ Damaged / Faulty Card* (Existing PIN to be used with the new Card issued.) Replace Card due to: ☐ Change of name embossed on the Card to: (Max 19 characters. Existing PIN to be used with the new Card issued.) ☐ Retained at ATM. Location: Change of Language Choice: ☐ English ☐ Selection at ATM PART B: Instruction for POSB GO! Debit MasterCard, PAssion POSB Debit Card, DBS Visa Debit, DBS UnionPay Debit, DBS Treasures Visa Debit, DBS Treasures Private Client Visa Debit or DBS Private Banking Visa Debit Card ☐ Lost (Please call Lost Card No. at 18001111111 immediately to report loss of your Card.) ☐ Non-receipt Replace Card due to: ☐ Damaged / Faulty Card (New Card and PIN will be sent in two separate mailers) Note: A $5 Debit Card replacement fee ☐ Change of name embossed on the Card to: is applicable for Lost Card (Max 19 characters) ☐ Retained at ATM. -
DBS Bank Our Approach to Responsible Financing
DBS Bank Our Approach to Responsible Financing September 2020 DBS Bank Our Approach to Responsible Financing 1 Introduction ................................................................................................................................... 3 Governance Structure ................................................................................................................... 3 Environmental, Social and Governance Risk Management ........................................................... 3 Development of Green Products ................................................................................................... 7 Sector Guides ............................................................................................................................... 8 Agriculture - Palm Oil ......................................................................................................................... 8 Agricultural commodities ex. Palm Oil ............................................................................................. 9 Animal Husbandry and Feed .......................................................................................................... 10 Apparel, Footwear and Textiles ..................................................................................................... 10 Chemicals .......................................................................................................................................... 11 Energy – Oil & Gas.......................................................................................................................... -
DBS Bank Ltd DBS Card Services Orchard P.O. Box 360
POSB Multitute_Branch.ai 1 10/5/11 7:14 PM Declaration (ref V1.July 2011) IMPORTANT: PLEASE READ BEFORE SIGNING 1. I request you to issue and continue to issue me with the Debit Please note: Card ("Card") applied for herein until I/You terminate the Card. 2. I confirm that at the time of this application, I am not a 1. The Card and its PIN will be sent to the mailing address of the undischarged bankrupt and no statutory demand has been served Primary Account as per the Bank's record at your sole risk. Please on me nor any legal proceedings commenced against me. ensure that you have updated the Primary Account mailing address. 3. I hereby declare and warrant that the information given in this application and all documents submitted to you are complete, true 2. Point-of-Sale PIN spending limit for NETS is pre-set at S$2,000 and accurate and belong to you absolutely and that I have not daily, subject to the availability of funds in your account. willfully withheld any material fact. If any of the information given herein changes of becomes inaccurate in any way, I shall 3. Point-of-Sale Signature spending limit is pre-set at S$5,000 daily, immediately notify you or any such change or inaccuracy. subject to the availability of funds in your account. 4. I hereby authorise you to conduct credit checks on me (including but not limited to checks with the credit bureau recognized as 4. Each secured Card-Not-Present (online, mail or phone) transaction such by the regulatory authorities) and obtain and verify and/or limit is pre-set at S$5,000, subject to the availability of funds in to disclose or release any information relating to me and/or any of my account(s) from or to any other party or source as you may your account. -
Community Development Councils Contents | 01
ANNUAL REPORT FY2014 COMMUNITY DEVELOPMENT COUNCILS CONTENTS | 01 MISSION Foreword 02 To Build a Caring and Cohesive Community where we Assist the Needy, Bond the People and Connect the Community. 04 Offi ce of the Mayors 08 Overview of Community Development Councils ASSIST THE NEEDY To help the less fortunate through local assistance 12 Towards a Caring and Cohesive Community schemes and programmes 29 Financial Information BOND THE PEOPLE 30 Governing Council To bond the community through projects and programmes so 31 List of Council Members as to bring members of the community closer to one another CONNECT THE COMMUNITY To develop strategic partnerships with corporate and community partners to better serve our residents CONTENTS 02 | FOREWORD FOREWORD | 03 FOREWORD From Chairman, Mayors’ Committee This has been an interesting year for the Offi ce of the Mayors. As we complement the work of MSF, the Offi ce of the Mayors will In June 2014, we welcomed two new Mayors, Ms Low Yen also step up efforts to help the lower-middle income; getting the Ling, South West District Mayor, and Ms Denise Phua, Central more able to help the less able; promoting both community and Singapore District Mayor; and thanked two former Mayors, corporate social responsibility. Dr Amy Khor, and Mr Sam Tan for helping to build strong communities in their districts. Their good work and legacies The challenges are huge. As our population ages, this means will always be remembered in the hearts of their communities. that there will be many more elderly who require our attention - to I would like to take this opportunity to also thank Dr Amy Khor promote active ageing; to befriend seniors who are lonely; and to for chairing the Mayors’ Committee since 2011. -
Bank & Branch Code Guide
ACH BANK & BRANCH CODE GUIDEs Last updated: 20 September 2021 IMPORTANT NOTE: 1. This guide is for customer using the old IBG payment and collections. 2. Customer using the new FAST/GIRO service, please be reminded that the following 3 banks require the 3 digits branch code to be appended to the account number. OCBC – Oversea-Chinese Banking Corporation Limited HSBC – The Hongkong & Shanghai Banking Corporation Limited SBI – State Bank of India Please follow the instruction given in Appendix C for more information. 3. UOB will not be held responsible for any errors or omissions that may appear in the guide. For updates of the codes, please refer to www.uobgroup.com/ACHcodes. 4. For DBS enquiries, please call 1800 222 2200. For OCBC enquiries, please call 1800 438 3333. The ACH Bank Code, Branch Code and Account Number are key fields in the required information to be provided for Interbank GIRO (IBG) transactions only. For accounts belonging to the following banks, you may wish to take note of the following conditions when preparing the IBG transactions: Bank Bank Branch Account Remarks Name Code Code No (Example) - 10-digit Account No - Use first 3 digits of Account No and refer to Appendix A to retrieve the corresponding Branch Code UOB 7375 030 9102031012 eg. For account 9102031012, use 910 to refer to Appendix A to retrieve the Branch Code 030. (Account No will remain as 9102031012.) UOB 7375 001 860012349101 - VAN: Virtual Account Number (for VAN - Length of Account Number varies from 7 to account 18 digits (except 8, 10, 15 and 16) only) - Use 001 as default Branch Code - Usually 10-digit Account No - Use first 3 digits of Account No as the Branch Code DBS 7171 005 0052312891 eg. -
Dbs-Annual-Report-2018.Pdf
BANK OF THE YEAR – GLOBAL The Banker Best Bank in the World TO BE THE BEST BANK IN THE WORLD Global Finance The WORLD’S BEST DIGITAL BANK World’s Euromoney Best WORLD’S BEST BANK BEST BANK FOR SMEs Bank Euromoney SME BANK OF THE YEAR – GLOBAL (PLATINUM WINNER) Global SME Finance (International Finance FOR OUR Corporation) CASH MANAGEMENT GLOBAL BEST SERVICE – OVERALL: #1 Euromoney #1 BEHIND THE CUSTOMERS LOGIN EXPERIENCE MyPrivateBanking BEST PRIVATE BANK FOR INNOVATION PWM/ The Banker BEST PRIVATE BANK FOR ENTREPRENEURS – GLOBAL DBS Group Holdings Ltd Annual Report 2018 Global Finance Perhaps that’s why we were named 12 Marina Boulevard Best Bank in the World Marina Bay Financial Centre Tower 3 Singapore 018982 (65) 6878 8888 | www.dbs.com Co. Reg. No. 199901152M DBS GROUP HOLDINGS LTD facebook.com/dbs ANNUAL REPORT 2018 twitter.com/dbsbank #RecyclemoreWasteless DBS_AR18_Inside Spreads_001-041_Front.indd 1-3 7/3/19 8:03 PM About us DBS is a leading fi nancial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, we have a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Our “AA-” and “Aa1” credit ratings are among the highest in the world. We have been recognised for our leadership globally, having been named “Bank of the Year – Global” by The Banker and “Best Bank in the World” by Global Finance. We are also at the forefront of leveraging technology to shape the future of banking and have been named “World’s Best Digital Bank” by Euromoney. -
Trade Finance Program Confirming Banks List As of 31 December 2015
Trade Finance Program Confirming Banks List As of 31 December 2015 AFGHANISTAN Bank Alfalah Limited (Afghanistan Branch) 410 Chahri-e-Sadarat Shar-e-Nou, Kabul, Afghanistan National Bank of Pakistan (Jalalabad Branch) Bank Street Near Haji Qadeer House Nahya Awal, Jalalabad, Afghanistan National Bank of Pakistan (Kabul Branch) House No. 2, Street No. 10 Wazir Akbar Khan, Kabul, Afghanistan ALGERIA HSBC Bank Middle East Limited, Algeria 10 Eme Etage El-Mohammadia 16212, Alger, Algeria ANGOLA Banco Millennium Angola SA Rua Rainha Ginga 83, Luanda, Angola ARGENTINA Banco Patagonia S.A. Av. De Mayo 701 24th floor C1084AAC, Buenos Aires, Argentina Banco Rio de la Plata S.A. Bartolome Mitre 480-8th Floor C1306AAH, Buenos Aires, Argentina AUSTRALIA Australia and New Zealand Banking Group Limited Level 20, 100 Queen Street, Melbourne, VIC 3000, Australia Australia and New Zealand Banking Group Limited (Adelaide Branch) Level 20, 11 Waymouth Street, Adelaide, Australia Australia and New Zealand Banking Group Limited (Adelaide Branch - Trade and Supply Chain) Level 20, 11 Waymouth Street, Adelaide, Australia Australia and New Zealand Banking Group Limited (Brisbane Branch) Level 18, 111 Eagle Street, Brisbane QLD 4000, Australia Australia and New Zealand Banking Group Limited (Brisbane Branch - Trade and Supply Chain) Level 18, 111 Eagle Street, Brisbane QLD 4000, Australia Australia and New Zealand Banking Group Limited (Perth Branch) Level 6, 77 St Georges Terrace, Perth, Australia Australia and New Zealand Banking Group Limited (Perth Branch -
How Do I Find My Branch Code? When Setting up a Bank Account For
How do I find my branch code? When setting up a bank account for reimbursement under the Government-Paid Leave (GPL) Scheme, please indicate the following bank and branch codes. Bank Name Branch Account Remarks Code Number (Example) Post Office Saving Bank 081 012345678 - 9-digit Account Number (POSB) - Use “081” as Branch Code for all POSBank Accounts DBS Bank Limited (DBS) 005 0051234567 - Usually 10-digit Account Number - Use first 3 digits of Account Number as the Branch Code eg. For account 0051234567, the Branch Code will be “005”. The Account Number will remain as 0051234567. Oversea-Chinese Banking 550 1234567 - Length of Account Number varies Corporation Limited (OCBC) - Use first 3 digits of Account Number as Branch Code - Drop first 3 digits of Account Number for the Account Number field eg. For account 5501234567, the Branch Code will be “550”. The Account Number will be 1234567 United Overseas Bank 030 9101234567 - 10-digit Account Number Limited (UOB) - Use first 3 digits of Account Number and refer to Appendix A: ACH Bank & Branch Codes for UOB Group Branches (www.uobgroup.com/ACHcodes) to retrieve the corresponding Branch Code eg. For account 9101234567, use “910” to retrieve the corresponding Branch Code “030”. The Account Number will remain as 9101234567. Far Eastern Bank Limited 004 5041234567 - 10-digit Account Number (part of UOB) - Use first 3 digits of Account Number and refer to Appendix A: ACH Bank & Branch Codes for UOB Group Branches (www.uobgroup.com/ACHcodes) to retrieve the corresponding Branch Code eg. For account 5041234567, use “504” to retrieve the corresponding Branch Code “004”.