S’poreans Can Draw New CNY Notes At POSB & OCBC ATMs Till 24 Jan & Reserve Them Online

S’poreans Can Draw New Notes From 9-24 Jan & Reserve Them Online For CNY

Giving and receiving ang baos during Chinese New Year (CNY) has always been a tradition among many Chinese families.

And in case you weren’t aware, Singaporeans have had the opportunity to withdraw mint-condition bank notes from banks like POSB since year 2015.

Since then, many ang bao givers have been filling up their red packets with these new bank notes. New year new me, after all.

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Similar to the past 4 years, Singaporeans can draw new bank notes for CNY at POSB and OCBC pop-up ATMs from 9 to 24 Jan this year, according to Lianhe Zaobao.

Order new notes online

However, as we inch closer to CNY, Singaporeans can also expect the bank queues for new notes to get longer.

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As an alternative, Lianhe Zaobao reported that those who wish to skip the queues can also order the notes online.

POSB users can reserve your new notes via the link here, while OCBC users can join a digital queue here.

Pop-up ATM machines located across 20 community clubs

Alternatively, you can turn to pop-up ATMs scattered across Singapore.

For OCBC, 23 temporary ATMs will be placed outside OCBC bank outlets.

POSB, on the other hand, will be placing 40 temporary ATM machines at 20 community clubs in Singapore.

The community clubs are:

• Bedok CC
• Bukit Batok East CC
• Bukit Panjang CC
• Changi Simei CC
• Chong Pang CC
• Ciyuan CC
• Clementi CC
• Henderson CC
• Keat Hong CC
• Macpherson CC
• Pasir Ris Elias CC
• Sengkang CC
• Taman Jurong CC
• Tampines West CC
• Teck Ghee CC
• Toa Payoh Central CC
• Whampoa CC
• Woodlands Galaxy CC
• Yew Tee CC
• Yuhua CC

This year, Singaporeans can withdraw notes in the following values:

• $100 (50 x $2 notes)
• $300 (30 x $10 notes)
• $500 (10 x $50 notes)
• $600 (20 x $10 notes and 8 x $50 notes)

OCBC users can turn to ‘Smart ATMs’

In addition to pop-up ATM machines, OCBC will also be turning around 40 rooms and counters into new note exchange desks.

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This is to help make the withdrawal process smoother and faster for Singaporeans.

The 19 “Sunday at OCBC” branches will also be opened until 7pm for those who didn’t manage to exchange new notes on weekdays.

Lianhe Zaobao added that Singaporeans are encouraged to purchase the OCBC ‘Fortune Packs’ instead, to increase the efficiency of the note exchange process.

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Each pack contains $500 worth of notes split into 100 pieces of $2 notes and 30 pieces of $10 notes, which will be more useful for those preparing ang baos. They’ll be easier to carry around too.

Draw new notes for your ang baos this CNY

That being said, we advise those looking to exchange new notes to either visit the pop-up ATM machines earlier or use the online services, so you can avoid getting stuck in the snaking queue.

Good luck, enjoy your mint dollar notes, and here’s wishing you an advanced Happy Lunar New Year!

Featured image adapted from DBS and Women’s Weekly.