POSB – PayPal Bank Code and Branch Code
7.17.2010 | 3 Comments
Adding a bank in PayPal is easy especially if you are a POSB/DBS client. But first, you need to know some bank codes to be able to proceed. I did not easily find the needed information from the DBS website (I know it’s somewhere there but I just can’t find it even after scouring the ibanking system). Luckily, UOB has a list of the codes needed as pointed out in the PayPal forum.
So in case I need it again, I’m posting it here. It’s not just for my benefit but also for those who happen to stumble in my site.
Bank Name : Post Office Savings Bank
Institution Code : 7171
Branch Code : 081
Account No : [your 9 digit account number without the dashes]
IMPORTANT NOTE:
- All POSB branches has one branch code — 081. The actual branch is embedded in the 9-digit account number.
- This is only applicable for POSB accounts with 9 digits account no. Those with 10 digit account numbers must refer to their own respective branches.
- Your account name in this form should be the same as your account name in your bank. Otherwise, there will be a SGD5 return fee that will be charged on your paypal account.