<![CDATA[Unauthorised withdrawals from POSB/DBS accounts]]>WARNING: For those of you holding DBS and POSB accounts, pls check your balance immediately cos there’s a high no of unauthorised withdrawal recently.

]]>https://forum.kiasuparents.com/topic/30523/unauthorised-withdrawals-from-posb-dbs-accountsRSS for NodeTue, 05 May 2026 16:31:48 GMTThu, 05 Jan 2012 11:20:29 GMT60<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Wed, 22 Apr 2015 14:55:10 GMT]]>

b2b3m4:
It is happening again!!!!

My colleague has unauthorised withdrawals from her account. POSB says they can't promise that all her money may be recovered.
That happened on Sunday, and her account was frozen as the bank is investigating.
Then today her account has $4 withdrawn again!!
Investigation has shown that withdrawal was done on internet to purchase gaming stuff in US dollars.
I am losing confidence with this bank. Think i may want to close my account with POSB.
How come your colleague is the one that has the unauthorised withdrawals in her account, but you are the one losing confidence with the bank? :scratchhead: Did you lose any money in the same way before?

]]>https://forum.kiasuparents.com/post/1494515https://forum.kiasuparents.com/post/1494515Wed, 22 Apr 2015 14:55:10 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Wed, 22 Apr 2015 11:19:36 GMT]]>

b2b3m4:
It is happening again!!!!

My colleague has unauthorised withdrawals from her account. POSB says they can't promise that all her money may be recovered.
That happened on Sunday, and her account was frozen as the bank is investigating.
Then today her account has $4 withdrawn again!!
Investigation has shown that withdrawal was done on internet to purchase gaming stuff in US dollars.
I am losing confidence with this bank. Think i may want to close my account with POSB.
I thought now besides the pw, the number from the token is required in order to complete the transaction?

]]>https://forum.kiasuparents.com/post/1494368https://forum.kiasuparents.com/post/1494368Wed, 22 Apr 2015 11:19:36 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Wed, 22 Apr 2015 11:16:22 GMT]]>

b2b3m4:
ammonite, the bank is still investigating. Mentioned that it is likely due to her card. But she never lost her card before and the bank has already changed and stopped her card but it still happens??!!


hquek, i have checked with my colleague again. Hers is a debit card so it is possible.
Don't have to misplace card for it to be used fraudulently. Happened to DH before. Thankfully, the bank called to check if DH aware of the transactions. They weren't for big amounts that warrant those sms to notify of transaction.

]]>https://forum.kiasuparents.com/post/1494367https://forum.kiasuparents.com/post/1494367Wed, 22 Apr 2015 11:16:22 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Wed, 22 Apr 2015 02:21:00 GMT]]>Hope your colleague’s problem gets resolved soon. Thanks for alerting…going to check my bank account now.

]]>https://forum.kiasuparents.com/post/1494035https://forum.kiasuparents.com/post/1494035Wed, 22 Apr 2015 02:21:00 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Wed, 22 Apr 2015 02:15:45 GMT]]>ammonite, the bank is still investigating. Mentioned that it is likely due to her card. But she never lost her card before and the bank has already changed and stopped her card but it still happens??!!


hquek, i have checked with my colleague again. Hers is a debit card so it is possible.

]]>https://forum.kiasuparents.com/post/1494031https://forum.kiasuparents.com/post/1494031Wed, 22 Apr 2015 02:15:45 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Wed, 22 Apr 2015 02:11:28 GMT]]>Does your friend have a PayPal or other online payment account linked to her POSB debit card tied with the account?


As the local banks’ online transactions need 2 Factor Authentication (2FA), it is not easy to gain unauthorized access but maybe vulnerable through association with online payment platforms which are only based on login name and password, making them easier to be hacked.

For example, someone else could have used her PayPal acct to purchased US$4 worth of online games credits and was paid through her POSB account.

]]>https://forum.kiasuparents.com/post/1494022https://forum.kiasuparents.com/post/1494022Wed, 22 Apr 2015 02:11:28 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Wed, 22 Apr 2015 01:57:59 GMT]]>I’m ignorant - usually only buy retail stuff off the web. A bit wonder…can buy game stuff in USD from bank account meh? I thought usually credit cards would be needed.


If it’s shown that these were indeed the work of fraudsters, I think the bank will make good. That’s what they did when there was that spat of withdrawals from ATMs.

]]>https://forum.kiasuparents.com/post/1494005https://forum.kiasuparents.com/post/1494005Wed, 22 Apr 2015 01:57:59 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Wed, 22 Apr 2015 01:56:02 GMT]]>does she know how her account may have been compromised?

]]>https://forum.kiasuparents.com/post/1494004https://forum.kiasuparents.com/post/1494004Wed, 22 Apr 2015 01:56:02 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Wed, 22 Apr 2015 01:53:27 GMT]]>Serious?

Account frozen already, and still can withdraw another $4???

Doesn’t look good at all.[/quote]

Yep! But the bank claims they cant see that $4 transaction!!!
Her bank account is so low now, she couldn’t have done her sums wrongly.

]]>https://forum.kiasuparents.com/post/1494003https://forum.kiasuparents.com/post/1494003Wed, 22 Apr 2015 01:53:27 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Wed, 22 Apr 2015 01:47:49 GMT]]>

b2b3m4:
It is happening again!!!!

My colleague has unauthorised withdrawals from her account. POSB says they can't promise that all her money may be recovered.
That happened on Sunday, and her account was frozen as the bank is investigating.
Then today her account has $4 withdrawn again!!
Investigation has shown that withdrawal was done on internet to purchase gaming stuff in US dollars.
I am losing confidence with this bank. Think i may want to close my account with POSB.
Serious?
Account frozen already, and still can withdraw another $4???

Doesn't look good at all.

]]>https://forum.kiasuparents.com/post/1493997https://forum.kiasuparents.com/post/1493997Wed, 22 Apr 2015 01:47:49 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Wed, 22 Apr 2015 01:44:59 GMT]]>It is happening again!!!

My colleague has unauthorised withdrawals from her account. POSB says they can’t promise that all her money may be recovered.
That happened on Sunday, and her account was frozen as the bank is investigating.
Then today her account has $4 withdrawn again!!
Investigation has shown that withdrawal was done on internet to purchase gaming stuff in US dollars.
I am losing confidence with this bank. Think i may want to close my account with POSB.

]]>https://forum.kiasuparents.com/post/1493994https://forum.kiasuparents.com/post/1493994Wed, 22 Apr 2015 01:44:59 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Tue, 17 Jan 2012 08:29:49 GMT]]>

Oppsgal:
http://www.asiaone.com/News/Latest+News/Singapore/Story/A1Story20120116-322016.html

ATM bin emptying raises concerns.

:yikes: Don't dump the receipts into atm bins?
I always bring the receipts home to check and tear it off into small pieces before disposing. I have seen people putting the receipts on the atm and walk off, sometimes they just throw on the floor..

]]>https://forum.kiasuparents.com/post/693141https://forum.kiasuparents.com/post/693141Tue, 17 Jan 2012 08:29:49 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Tue, 17 Jan 2012 08:19:54 GMT]]>http://www.asiaone.com/News/Latest+News/Singapore/Story/A1Story20120116-322016.html

ATM bin emptying raises concerns.

:yikes: Don't dump the receipts into atm bins?

]]>https://forum.kiasuparents.com/post/693133https://forum.kiasuparents.com/post/693133Tue, 17 Jan 2012 08:19:54 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Sat, 14 Jan 2012 02:31:50 GMT]]>More of card hustle:


http://www.youtube.com/watch?v=GyhUvACnXkQ

This is the type of programme that our T.V. station should show.

]]>https://forum.kiasuparents.com/post/690803https://forum.kiasuparents.com/post/690803Sat, 14 Jan 2012 02:31:50 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Fri, 13 Jan 2012 18:05:59 GMT]]>

hquek:
Thanks tutormum, noted presenter said toward the end that we should still shield the pin number. Will keep on doing that then.

all ATMs in China has a shield over the number pad, standard safety feature, and all number keys sound the same

]]>https://forum.kiasuparents.com/post/690740https://forum.kiasuparents.com/post/690740Fri, 13 Jan 2012 18:05:59 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Fri, 13 Jan 2012 16:31:59 GMT]]>Thanks tutormum, noted presenter said toward the end that we should still shield the pin number. Will keep on doing that then.

]]>https://forum.kiasuparents.com/post/690700https://forum.kiasuparents.com/post/690700Fri, 13 Jan 2012 16:31:59 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Fri, 13 Jan 2012 16:17:54 GMT]]>This is how they do it:


http://www.youtube.com/watch?v=DFBBohgDTSQ

Heard that for DBS machines, they put the device over the anti-scam device. DS1 said that it looks like they have to put an anti-scam over the anti-scam. :censored: :rotflmao:

]]>https://forum.kiasuparents.com/post/690690https://forum.kiasuparents.com/post/690690Fri, 13 Jan 2012 16:17:54 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Fri, 13 Jan 2012 14:27:02 GMT]]>$1m loss so far. If it is really the work of a syndicate, pai taan(dunno how to write this in hokkien).

]]>https://forum.kiasuparents.com/post/690642https://forum.kiasuparents.com/post/690642Fri, 13 Jan 2012 14:27:02 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Fri, 13 Jan 2012 13:21:11 GMT]]>http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_755240.html

]]>https://forum.kiasuparents.com/post/690615https://forum.kiasuparents.com/post/690615Fri, 13 Jan 2012 13:21:11 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Mon, 09 Jan 2012 10:41:58 GMT]]>hmmm.... if we were to disabled the overseas access thingy here in Singapore... can we disable it overseas when we are there... so that we can withdraw $$... :scratchhead:

]]>https://forum.kiasuparents.com/post/686330https://forum.kiasuparents.com/post/686330Mon, 09 Jan 2012 10:41:58 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Mon, 09 Jan 2012 05:16:18 GMT]]>

raysusan:
Sun_2010:

For those of us who do not use atm overseas, it is better to disable it.


http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_752868.html

if they already got your PW
can they enable it back?

good question, will call up and ask.
Just thinking that we will not be able to enable from overseas. Locally probably can.

]]>https://forum.kiasuparents.com/post/685944https://forum.kiasuparents.com/post/685944Mon, 09 Jan 2012 05:16:18 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Mon, 09 Jan 2012 04:52:33 GMT]]>

Sun_2010:
For those of us who do not use atm overseas, it is better to disable it.


http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_752868.html
if they already got your PW
can they enable it back?

]]>https://forum.kiasuparents.com/post/685913https://forum.kiasuparents.com/post/685913Mon, 09 Jan 2012 04:52:33 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Mon, 09 Jan 2012 04:08:46 GMT]]>For those of us who do not use atm overseas, it is better to disable it.


http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_752868.html

]]>https://forum.kiasuparents.com/post/685840https://forum.kiasuparents.com/post/685840Mon, 09 Jan 2012 04:08:46 GMT<![CDATA[Reply to Unauthorised withdrawals from POSB/DBS accounts on Mon, 09 Jan 2012 04:03:51 GMT]]>DBS = D B Slow in taking up latest banking practices in ATM / online security


years ago when they first introduced internet banking and it was full of problems, their usual excuse is to blame it on user’s computer setting, until one day I got so fed up and done a demo to show them how the problem came about — with their red faces all round

]]>https://forum.kiasuparents.com/post/685830https://forum.kiasuparents.com/post/685830Mon, 09 Jan 2012 04:03:51 GMT