Wednesday, March 9, 2011

Posb Branches

Adding a bank in PayPal is easy especially if you are a POSB/DBS client. But first, you need to know some bank codes to be able to proceed. I did not easily find the needed information from the DBS website (I know it’s somewhere there but I just can’t find it even after scouring the ibanking system). Luckily, UOB has a list of the codes needed as pointed out in the PayPal forum.

This is only applicable for POSB accounts with 9 digits account no. Those with 10 digit account numbers must refer to their own respective branches.

Your account name in this form should be the same as your account name in your bank. Otherwise, there will be a SGD5 return fee that will be charged on your paypal account.

PLEASE NOTE: UOB will not be held responsible for any errors or omissions that may appear in the guide. For updates of the codes, please refer to www.uobgroup.com/ACHcodes.
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