OCBC's cash deposit machines to take all SGD denominations
Singapore
OCBC Bank said on Wednesday that it expects to save S$6 million over five years from an upgrade in its cash deposit machines.
The machines will now accept the full range of Singapore dollar denominations: S$2, S$5, S$10, S$50, S$100 and S$1,000 notes.
A total of 3.5 million cash deposit transactions are done over the counter at OCBC branches every year, it said in a press release. The bank now expects to move 25 per cent of its current over-the-counter c…
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