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Bank account for Domestic Helper

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zzm9980
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Bank account for Domestic Helper

Postby zzm9980 » Tue, 26 Feb 2019 1:49 pm

Hi

Years ago I know that POSB offered savings accounts for Domestic Helpers and other WP holders as long as a mininum balance of $500 was maintained. I did a bit of Googling and I can't find it anymore. All i see is some POSB account that must be opened via MOM and that has extortionary ATM fees, at least for a DH.

This one ->
https://www.posb.com.sg/personal/deposi ... ll-account


Is anyone else aware of a simple account (with ATM access) in Singapore than a domestic helper can obtain, preferably on their own without the employer needing to be present or sign anything?

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