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Singapore Reassures Public That NRIC Number Alone Cannot Authorise Bank Transactions

  • Singaporean banks are reviewing their practices regarding the use of NRIC numbers in light of updated data protection guidelines.
  • This review is aimed at aligning with new policy intent and safeguarding personal data.
  • The Association of Banks in Singapore assures customers that NRIC numbers alone cannot be used for payments and fund transfers.
  • The Ministry of Digital Development and Information will update advisory guidelines on NRIC use following consultations.

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