DBS Coin Deposit Machines

DBS Bank has installed quite a few Coin Deposit machines at various locations e.g. Woodlands Civic Centre, Bedok, Towner Rd, South Bridge Rd, etc. These machines even accept 1 cent coins. However, the use of these machines do incur charges.

Read on

• 100 pieces = 75 cents ($0.75) charge
• If you deposit before 2pm on a working day, you will only see it in your bank account by 8pm on the same day
• If you deposit after 2pm on a working day or on a non-working day, you will only see it in your bank account by 8pm on the next working day
• Charges are waived for kids account Correction: Charges will still be debited from a kid's (less than 12 years old) account when doing coin deposit. To waive the charges, you are required to retain the receipts and bring them personally to a DBS/POSB counter for a refund. Yes, the Coin Deposit machines are not intelligent enough to determine if the designated account is a kid's account.

Currently, DBS website does not have information on this new Coin Deposit Machines.