The Post Office Savings Bank (or POSB) is one of those ubitiquous Singapore institutions that almost everyone has an account with. Times of My Life shares his first POSB savings account, when kids were encourage to buy and paste stamps.

My first official saving account was with POSB (Post Office Savings Bank, renamed as POSBank in 1990). We students in the primary school were encouraged to start a Saving Account by “Buying and Pasting Stamps”. Of course at that time, the POSB was related to the Post Office!

This is the “Save At School” stamp card where one will buy stamps and paste them on a card until it is completed. The teacher will then collect it and hand it to the bank on our behalf.

Read the post here.

Tags: POSB, Times of my Life