What is POSB? Why is POSB’s banking on the internet not working? What time was their website down? What is the service that is unavailable?

Technology is dominating our lives. We are linked to the web, whether at work or at home and even in our vehicles. Technologies like that of the Internet of Things (IoT) and artificial intelligence (AI) as well as machine-learning (ML) make our lives and our world is connected. It has become the mainstay of banking systems too. The customer of POSB within Singapore is keen to know the reason for Posb is not banking?

Post Office Saving Banks (POSB)

POSB is a bank that is located within Singapore. POSB provides a variety of financial services including insurance, banking and investments. POSB has also launched a variety of banking services online, such as bill payments, online banking and online transfer.

The online banking service is accessible to all citizens. The only bank which offers investment, banking and insurance for Singaporeans as well as non-Singaporeans.

It was created on January 1, 1877. Currently, the CEO of POSB is Piyush Gupta, and the Chairman is Peter Seah Huat.

Posb Ibanking Down

The online banking service of POSB is down to maintenance at present. It is typical for banks to carry out maintenance tasks for their online banking services for approximately an entire week. This is particularly true when the maintenance involves upgrading or changing the software for online banking.

If the internet banking services are unavailable users are not able to access their online banking accounts. In this situation customers will have to keep waiting until online banking is functioning before they can access their bank account online. The maintenance downtime is planned and the customer receives the notification by the institution.

To find out more information concerning Posb’s Ibanking down read the link.

Details Of Maintenance Downtime

The following list contains services that will not be serviceable as well as the date and time of their closure:

For Internet banking;

  • Daily (5:00 am until 6 am) (5:00 am to 6:00 am) Foreign Currency Exchange (Currency remittances or transfer of funds to multi currency accounts)
  • 18th (12:00am until 6:15am) and 20th (12:00am until 6:00am) and the 25th of November (1:00am until 4:00am) The log-in feature is unavailable
  • The 20th and the 21st of November (10:00am until 12:00pm) 20th and 21st November (from 10:00am to 12:00pm) – Equity trading
  • 21 November (12:00am to 06:00am) – DigiPortfoli
  • 21 November (12:25 am until 04:45 am) On-line Equity Trading, Online Funds Investment Corporate Action Update Online Fixed Deposit Digi Portfolio & Online Foreign Exchange
  • 21 November (04:00am to 07:30am) -DBS Remit to Thailand

Here’s the reason Posb’s Bankruptcywas due to maintenance of the website page and domain. These services will not be available until the specified time and date.

Conclusion

Web pages require regular maintenance every often. The best method to maintain them is to review the site and make any necessary adjustments frequently. You should be able to determine whether there are spelling mistakes or broken links other things of that kind.

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