When do online bookings start for CNY fit notes?

Online bookings start on Jan 27 across DBS, OCBC, and UOB. Customers can select denominations and choose a collection point. Collections begin from Feb 3 at selected branches and pop-up ATMs. Booking early helps secure preferred mixes and reduces queues during the peak pre-CNY period.

What are fit-for-gifting notes, and are they acceptable?

Fit-for-gifting notes are quality-checked and clean, but not freshly printed. MAS supports their use as they look suitable for red packets while reducing printing and logistics. They are acceptable for gifting and help banks serve more customers without straining cash supply during Chinese New Year.

How does DBS PayLah e-hongbao help during CNY?

DBS PayLah e-hongbao lets users send digital red packets quickly, easing demand for physical cash. Incentives typically encourage adoption and keep gifting simple and timely. This shift can reduce queues, improve app engagement, and support smoother operations across branches and pop-up ATMs during the festive rush.

Will OCBC and UOB expand ATM access for CNY?

Yes. Collections from Feb 3 include expanded pop-up ATMs to handle higher volumes. OCBC UOB ATMs and DBS pop-up points are planned to support quick withdrawals and collection. Pre-booking remains key to managing demand and ensuring availability of preferred denominations ahead of the CNY period.

Global Market Insights

January 19: DBS, OCBC, UOB start CNY fit-note bookings from Jan 27

ByHuzaifa Zahoor January 19, 2026January 19, 2026

DBS new notes 2026 CNY bookings will open on Jan 27, alongside OCBC and UOB, with collections from Feb 3. MAS is promoting fit-for-gifting notes and e-hongbao, which can ease queues and lower cash handling. We explain the dates, options, and what this shift means for investors watching payments activity and bank operations during Chinese New Year. Expect more app engagement, expanded pop-up ATMs, and a stronger push toward digital gifting across Singapore.