Changing new notes at banks

[humanrace]

Does posb or OCBC provide changing of new notes in $10 , $2 denomination in the time of the year? Is it chargeable?

 

[OCBC Bank]

Does posb or OCBC provide changing of new notes in $10 , $2 denomination in the time of the year? Is it chargeable?

Hi there,

New notes are generally available during festive seasons only, such as Chinese New Year and Hari Raya Puasa.

During non-festive periods, branches will only have ‘fit’ notes in the denominations of S$2, S$5, S$10, S$50, S$100, S$1,000, subject to availability.

Notes exchange are available only to OCBC account holders.

Customers will need to present the notes according to below criteria, or an additional fee of S$50 applies:

Sorted according to their denominations and types (paper or polymer/plastic)

•Must not be folded
•Front side should be facing up
•Pack them using rubber bands into 100-piece bundles of the same denomination and type
•Bundle all loose notes (e.g. less than 100 pieces) together
> notes should still be sorted by their denomination
> arranged by size (smallest at the top, largest at the bottom)

Notes exchange/deposit are free for the first S$20,000 per day;
S$10 for every subsequent S$10,000 or part thereof.

^DG