How to Cash Deposit POSB

When you choose to deposit your cash via bank teller, usually you will be required to fill in deposit slip that carries detailed information about your account.

The information normally includes number of bank account, the associated name with the said account, and the amount of cash money you’re going to deposit.

Some financial institutions provide convenience by making the cash available to be proceeded with other transactions as soon as you’re done with the deposit process.

On POSB Bank, you are offered with the practicality of performing your banking activities in simpler way.

The bank allows several banking needs to be done on self-service branches that are available for 24/7.

How to Cash Deposit POSB via ATM

Here is the step by step guide on how to cash deposit POSB.

  1. Find the nearest POSB cash deposit machine.
  2. Input your card into the provided slot.
  3. Input your card PIN.
  4. Next step on how to cash deposit POSB is to choose menu of ‘Cash Deposit’ and then select your preferable language.

If you wish to deposit cash into a personal account:

  • Choose Deposit to Own Account
  • Select the Account you wish to deposit to.
  • Put your cash in the slot properly
  • Choose To continue
  • Confirm the amount of cash deposited and then choose Confirm
  • Wait for a while before your card and receipt are put out.

If you wish to deposit cash into account other than yours:

  • Choose Deposit to Other Account
  • Select the Type of Account and enter the Account Number you wish to deposit to.
  • Put your cash in the slot properly Choose To continue
  • Confirm the amount of cash deposited and then choose Confirm
  • Wait for a while before your card and receipt are put out.

How Many Types of Cash Deposit Machine That POSB Bank Provides?

There are three types of self-service machine services to deposit cash that you can choose:

  • (1) and Automated Teller Machine (ATM/ATM+)
  • (2) Video Teller Machine (VTM)
  • (3) Branch Teller Machine (BTM).

Is There Any Limit to Deposit Cash on POSB Self-Service Branch?

Yes, you cannot do card-less deposit over than S$20,000 and the machines only accept maximum 200 pieces of dollar notes in S$1000, S$100, S$50, S$10, and S$2.

Can I Deposit Coins on POSB Self-Service Branch?

Yes, you can, but only the coins of 1 dollar, 50 cents, 20 cents, 10 cents, 5 cents, and 1 cent are accepted.

What Other Services I Can Get Besides Deposit My Cash?

Now you can withdraw cash, transfer funds, deposit your cheque or get an immediate replacement of card any day, any time and at your own convenience.

You can also update your particulars and many other services.

What If I Cannot Proceed the Cash Deposit and Need Help or Assistance?

Please contact the POSB customer service on work days from 9 A.M to 6 P.M.

Is There Any Way I Can Access Banking Services Anywhere Besides Self-Service Branch?

You may use digibank Online or digibank Mobile app where you don’t have to queue. Simply download the application or visit the official website which can be accessed from anywhere.

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