No need to queue to make Li Chun deposits, use PayLah!

Tired of joining long queues at the bank to deposit cash on Li Chun?

Available to users of all Singapore banks, the DBS PayLah! mobile wallet app allows you to make a deposit in a jiffy instead of joining expected queues at ATM machines and banks on the auspicious day, which falls on Friday (Feb 3) this year.

The observation of Li Chun, which is the first day of spring in the solar calendar, has become so popular that queues were seen all over the island in recent years as people deposited money at auspicious times according to their Chinese zodiac signs.

The Chinese believe that the more money they add into their savings accounts, the more they will make in the new year.

To encourage more people to use DBS PayLah, the bank said in a statement that it is offering cash prizes of $88 to 100 lucky people. You will double your chances of winning if you deposit money via the PayLah! app Li Chun day.

The bank has also converted some of its popular new notes pop-up ATMs so that they can accept cash deposits too.

Eight POSB new notes pop-up machines will also be remodelled to accept and dispense cash. They are located at eight community clubs - Toa Payoh West, Toa Payoh Central, Bedok, Yew Yee, Chong Pang, Henderson, Clementi and Jurong Spring.

The machines in Toa Payoh West and Chong Pang will operate from 9am to 10pm daily while those in other locations will work round-the-clock

Customers can also use the over 350 DBS/POSB machines with cash depositing functions islandwide.

chenj@sph.com.sg