Long queues at banks after LNY

Long queues at banks after LNY
By Lip Kwok Wai | Posted: 08 February 2011 1832 hrs

SINGAPORE: The rush to exchange new notes at banks before the Lunar New Year may be over, but days after the festivities, queues are still forming at banks around Singapore.

This time, customers are queueing to bank in their "hong bao", or red packet money collected over the Lunar New Year.

Some banks said they saw customer numbers double over the past two days.

One bank in Toa Payoh, for instance, saw more than 10 customers queueing as early as 10.30 am, half an hour ahead of its opening time.

Many said they wanted to deposit their children's "hong bao" money in a bank, rather than keep them at home.

To manage the surge, OCBC Bank said it had deployed senior staff from its headquarters to help out at neighbourhood branches, which are the most affected during this period.

-CNA/wk

- wong chee tat :)