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S’pore banks say deposits made on auspicious date today will only be credited tomorrow

Posted on 04 February 2015

All prosperity plans thwarted.


Thousands of people in Singapore who went to the bank to deposit money to adhere to superstitions will only have their funds credited a day after, banks said in response to queries if money put in today will be transacted on the same day, so it turns out many won’t be riding on the waves of good fortune as a result.

Singaporeans from all walks of life, including many non-Chinese, had flocked to banks to deposit money while dressed in red apparel after seeing this picture:


But now it has been revealed banking procedures have thwarted their wealth-growing prosperity plans.

Banks are reminding customers to deposit the money one day earlier if they physically go to queue and the clearance of the funds will then coincide with the auspicious timings the next day.

Pan Tang, a local said he is unlucky this year as this fact has thwarted all his plans: “I should have done electronic banking instead. Then it would have been immediate and I didn’t have to come out all the way and wait for more than 30 minutes just to put money into my own bank account.”

However, not all is lost.

A spokesperson of Xi Qian Bank said there is no need for Singaporeans to come all the way to the bank just to deposit money in the hopes to get rich: “I just want Singaporeans to know that if they want to feel rich, all they have to do is log on to their CPF account and see how much money they have inside.”

“They will feel rich looking at those numbers, for sure.”

“But poor at the same time.”



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- who has written 2685 posts on New Nation.

Wang Pei can be considered a new citizen of Singapore. She has been here all her life, just that her environment's changed beyond recognition.

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