At least three more banks to offer 'money lock' feature
At least three more major banks, including HSBC, Maybank and Standard Chartered, will offer a "money lock" feature, with one bank set to launch it as early as June. Banks that started offering this last November say that the number of people choosing to protect their savings is growing, but most of them are older customers. OCBC says young adults make up less than 20 per cent of its Money Lock users.
At least three more major banks, including HSBC, Maybank and Standard Chartered, will offer a "money lock" feature, with one bank set to launch it as early as June. Banks that started offering this last November say that the number of people choosing to protect their savings is growing, but most of them are older customers. OCBC says young adults make up less than 20 per cent of its Money Lock users.
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