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Banks see 'overwhelming' demand for reservation of new notes; use of e-hongbao encouraged


Banks see ‘overwhelming’ demand for reservation of new notes; use of e-hongbao encouraged
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File photo of someone holding several red packets. (Photo: Jeremy Long)
22 Jan 2021 08:40PM)
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SINGAPORE: Local banks have received “overwhelming” demand for time slots to exchange new notes ahead of Chinese New Year in February. 
Their online reservation systems, which opened for the first round of booking on Monday (Jan 18), saw huge spikes in user traffic compared to last year, with slots being snapped up quickly.
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Some customers of DBS and OCBC also told CNA that they experienced issues with the banks’ websites soon after reservations opened at 9am. ....

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