Atm5
Encyclopedia
atm⁵ is an interbank network
in Singapore
, connecting the ATMs
of six of Singapore's eight qualifying full banks, with the non-participating QFBs being BNP Paribas
and ICICI
. , there are 143 atm⁵ ATMs island-wide. The network was established in April 2005.
atm⁵ is also one of the few interbank networks that does not charge its customers for transactions via another member bank's ATM, having removed all interbank transaction charges on April 4, 2006.
Interbank network
An interbank network, also known as an ATM consortium or ATM network, is a computer network that connects the ATMs of different banks and permits these ATMs to interact with the ATM cards of non-native banks....
in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
, connecting the ATMs
Automated teller machine
An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...
of six of Singapore's eight qualifying full banks, with the non-participating QFBs being BNP Paribas
BNP Paribas
BNP Paribas S.A. is a global banking group, headquartered in Paris, with its second global headquarters in London. In October 2010 BNP Paribas was ranked by Bloomberg and Forbes as the largest bank and largest company in the world by assets with over $3.1 trillion. It was formed through the merger...
and ICICI
Ičići
Icici is a small place located in the north-east part of Istria, Croatia . It is located under a mountain Učka, on the north part of the Adriatic Sea....
. , there are 143 atm⁵ ATMs island-wide. The network was established in April 2005.
atm⁵ is also one of the few interbank networks that does not charge its customers for transactions via another member bank's ATM, having removed all interbank transaction charges on April 4, 2006.
Members
atm⁵ is the primary network of the following banks listed below:Bank | ATM Automated teller machine An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public... |
Number of ATMs | Minimum Withdrawal per transaction |
---|---|---|---|
Citibank Singapore Citibank Singapore Citibank Singapore Limited is a division of Citibank N. A. of the United States and incorporated in Singapore on 28 June 2004. It has Qualifying Full Bank status which was awarded to its parent on 20 October 1999, and the QFB status was transferred on the same day of its incorporation... |
Citibank ATM | 36 | $100 |
HSBC HSBC HSBC Holdings plc is a global banking and financial services company headquartered in Canary Wharf, London, United Kingdom. it is the world's second-largest banking and financial services group and second-largest public company according to a composite measure by Forbes magazine... |
HSBC ATM | 29 | $10 |
Maybank Maybank Maybank , a trade name for Malayan Banking Berhad is the largest bank and financial group in Malaysia, with significant banking operations in Singapore, Indonesia and the Philippines. The bank also has large interests in Islamic banking through Maybank Islamic Berhad and insurance via its Etiqa... |
Maybank ATM | 32 | $10 |
ANZ | ANZ ATM | 19 | $10 |
Standard Chartered Bank Standard Chartered Bank Standard Chartered PLC is a multinational financial services company headquartered in London, United Kingdom with operations in more than seventy countries... |
Standard Chartered ATM | 31 | $10 |
State Bank of India State Bank of India The State Bank of India is the largest Indian banking and financial services company with its headquarters in Mumbai, India. It is state-owned. The bank traces its ancestry to British India, through the Imperial Bank of India, to the founding in 1806 of the Bank of Calcutta, making it the oldest... |
SBI ATM | 10 | $10 |