DBS, OCBC, and UOB Announce New Money-Locking Features
DBS
DBS Bank is thrilled to announce its new money-locking feature, designed to provide customers with enhanced security and control over their finances. This cutting-edge functionality will revolutionize the way customers manage their funds.
The new feature allows DBS account holders to lock a specific amount of money in their account for a designated period of time. During this period, the locked amount cannot be accessed or withdrawn, providing an added layer of security against unauthorized transactions or impulsive spending.
This feature is particularly useful for individuals who are saving up for a specific goal, such as a down payment for a house or a dream vacation. With money-locking, customers can set aside funds and ensure they stay untouched until the desired time arrives.
DBS Bank strives to empower its customers with innovative tools that promote financial well-being and encourage responsible money management.
Key Features:
- Ability to lock a specific amount of money for a designated period
- Enhanced security and protection against unauthorized transactions
- Helps customers achieve financial goals by preventing impulsive spending
OCBC
OCBC Bank is excited to introduce its latest money-locking feature, empowering customers to take control of their finances like never before. This new feature reflects OCBC’s commitment to innovation and customer-centricity.
With OCBC’s money-locking feature, individuals can transfer a desired amount from their primary account to a locked account. These funds will remain inaccessible until the specified unlocking date, allowing customers to plan their finances effectively.
Whether it’s setting aside money for a future financial milestone, building an emergency fund, or avoiding unnecessary expenses, OCBC’s money-locking feature provides customers with the necessary tools and convenience.
Key Features:
- Transfer a desired amount to a locked account
- Funds are inaccessible until the specified unlocking date
- Effective financial planning and goal setting
UOB
UOB is proud to announce its revolutionary money-locking feature, allowing customers to optimize their financial management and achieve their savings goals efficiently.
With UOB’s money-locking feature, customers can simply set a lock period for their desired amount, ensuring that the funds cannot be accessed or utilized until the predetermined unlock date. This feature helps customers exercise discipline and avoid unnecessary spending.
The money-locking functionality integrates seamlessly with UOB’s existing digital banking platform, providing customers with a comprehensive suite of tools to manage their money effortlessly.
Key Features:
- Set a lock period for the desired amount
- Prevents unauthorized access or usage of funds during the lock period
- Seamless integration with UOB’s digital banking platform