Banking Security Measures, Scammers and Fraud

Singapore's three local banks -- DBS, OCBC and UOB -- have rolled out new anti-scam features to protect customer funds from scammers. One feature will allow bank customers to lock their money, so that it cannot be used for bank transfers or online transactions. To access these funds, customers must verify their identity at a bank branch. The banks said the additional measures will help prevent customers from reacting impulsively to scammers' demands.