OCBC, DBS & UOB to launch money lock features.
BANKING AND CREDIT NEWS-October 10, 2023--OCBC, DBS & UOB to launch money lock features
(C)2023 M2 COMMUNICATIONS http://www.m2.co.uk
Global Banking News - 10 October 2023
Singaporean banks: DBS (D05.SI), Oversea-Chinese Banking Corp (OCBC) (SES:039), and UOB (SGX: U11) are to soon launch 'money lock' features that will prevent the illegal transfer of money.
The banks are expected to launch the features by the end of November, which will allow customers to digitally lock their money in designated accounts. The new service, called digiVault, is intended to...
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