Ironic to see more foreigners than locals queuing up at DBS and POSB ATMs

makapaaa

Alfrescian (Inf)
Asset
Joined
Jul 24, 2008
Messages
33,627
Points
0
So it is true that the FAP has opened the floodgate even wider after the GE.

Posted on 11 Jun 2012 Ironic to see more foreigners than locals queuing up at DBS and POSB ATMs

more_foreigners_seen_at_dbs_and_posb-thumbnail.jpg

STOMPer choon noticed that more foreigners than locals were seen in the queues of DBS and POSB ATMs at Bugis.

The STOMPer said:

"It's ironic that although DBS and POSB are local banks, majority of their users are foreigners.

"Long queues were seen at Bugis, with more than 30 to 40 people waiting.

"Around 80% were foreign workers."




Click on thumbnails for larger image
 
Wow great insght! Wow insight of the century. OK so dbs has more foreigners than locals and then what?
 
Because FT headcount is more than SGP.
Half Sinkie dont have money in bank account. 20% survive on roll over credit card.
If you work in bank u will know how many SGP roll over credit card more than 3 month. That why bank keep pestering consumer to take u their Credit card. Those roll over the amount is their cash cow. Bank charge interest rate 1.5%/month or consider about 35%/year base on mortgage calculation. That more than 10 times current housing loan rate.
 
Because FT headcount is more than SGP.
Half Sinkie dont have money in bank account. 20% survive on roll over credit card.
If you work in bank u will know how many SGP roll over credit card more than 3 month. That why bank keep pestering consumer to take u their Credit card. Those roll over the amount is their cash cow. Bank charge interest rate 1.5%/month or consider about 35%/year base on mortgage calculation. That more than 10 times current housing loan rate.


That's why die, die, I always pay my credit card bills in full. :eek: When cash is in short supply why give it to the banks, they are no better than legalised Ah Longs:rolleyes: :rolleyes:
 
Photo was taken near Little India, wtf does that moron expect. It's like going to the Merlion and expect to see more locals then foreigner. Dumbass
 
It appears that almost every foreigner has a posb od dbs account.
No wonder that not long ago, the CEO claimed that the bank was "flushed with deposits".
 
Probably more Sinkies use credit card for transactions these days and there's not much need to withdraw cash.
There's also the option of Internet banking for paying your bills, checking your balance etc.
 
It appears that almost every foreigner has a posb od dbs account.
No wonder that not long ago, the CEO claimed that the bank was "flushed with deposits".

..and no wonder when i tried to credit my bangLa's pay through Posb's fund transfer; it was rejected.
Upon caLLing him, he wriLy toLd me maybe his account is ' fuLL' ..:D:eek:
 
I drive by Geylang regularly. Check the POSB branch at Lor 22. I always spot long queues of Indians in front of the ATMs even late at night.
 
I drive by Geylang regularly. Check the POSB branch at Lor 22. I always spot long queues of Indians in front of the ATMs even late at night.
These are the ones Q'ing for $ prior to having their pLate of Chicken rice..;)
 
Back
Top