DBS, OCBC, UOB customers can lock up savings to guard against scams; funds must be unlocked in person

Customers will be able to lock up their funds using their app or internet banking, and these funds can be unlocked when customers visit bank branches to verify their identity. OCBC customers can also use ATMs to do so.

DBS is progressively rolling out its features from Monday, while OCBC and UOB will start on Thursday.