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Lock-Up Savings Accounts: An Idea To Stash Your Emergency Fund?

In response to the prevalence of online scams, the three major local banks DBS, OCBC and UOB had introduced lock-up savings accounts, where you could park your monies safely and they could only be withdrawn via physical means (either in person over-the-counter and/or ATMs – automated teller machines).  Since the roll-out was just a couple […]

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