POSB staff foil daughter’s demands to access dad’s funds

COURT ORDER NEEDED

- Theresa Tan

At a POSB branch in Yishun, staff repeatedly foiled a daughter’s attempt to gain access to her elderly father’s savings account, which had less than $5,000 in it.

A few months ago, the woman went to the branch alone, claiming that her father was becoming forgetful and she needed access to help him withdraw money.

She wanted to be added as the joint account holder for her father’s account.

Ms Ivy Keh, 59, branch service manager at POSB Yishun West, said: “We told her we need to talk to her father as he is the account holder, and we need his consent.”