POSB Coin Deposit Machine Near Me: Free Locations Guide

If you’ve got a jar of coins sitting on your shelf, you already know the problem: banks don’t want them, and counting them by hand is a chore. POSB’s free coin deposit machines solve that — but only if you know where to find one and how they stack up against paid alternatives like Certis.

Number of POSB/DBS coin deposit machines in Singapore: 67 (as per DBS branch locator) ·
Fee for POSB account holders: Free (waived) ·
Available at: Selected POSB branches and DBS branches islandwide

Six key facts about POSB’s coin deposit machines reveal a clear pattern: the service is free at machines but carries fees at the counter, and knowing the difference saves you money.

The implication: using the machine is dramatically cheaper than the counter, especially if you have more than a few coins. The counter fee adds up fast — S$3.60 for 105 coins is no small cost when the machine is free.

Where to deposit coins in POSB?

POSB coin deposit machine locations in Singapore

• Use the DBS/POSB locator page (official bank directory) and filter by “Coin Deposit” to see all 67 machines.
• Machines are available at branches across Singapore, including major hubs like Clementi, Tampines, and Woodlands.
• Many machines are located in self-service banking areas accessible 24/7, though branch-based machines follow opening hours.

How to use the POSB branch locator for CDMs

• Go to DBS locator page (official bank directory) and check the “Coin Deposit” filter.
• The locator shows a map and list of results with addresses, opening hours, and service types.
• You can also search via the DBS mobile app under “Branch & ATM locator”.

Does POSB have a coin deposit machine?

Yes, POSB offers coin deposit machines (CDMs)

• POSB confirms that coin deposit machines are available islandwide for customers (POSB Singapore (official bank)).
• The machines accept all Singapore coin denominations and credit the amount directly into your POSB or DBS account.

Differences between POSB and DBS CDM access

• Both POSB and DBS customers can use any machine in the shared network.
• The locator at DBS locator page (official bank directory) lists 67 machines — these serve both brands.
• Third-party options like Certis coin deposit services charge a fee, typically S$3–5 per transaction.

Where can I deposit coins in Singapore for free?

Free coin deposit options: POSB and DBS

• POSB and DBS offer free coin deposits at their CDMs for account holders (POSB Singapore (official bank)).
• Fee is waived for all standard POSB and DBS accounts.
• Some other banks (e.g., OCBC, UOB) do not offer free coin deposit machines — they only accept coins at the counter with fees.

Paid alternatives: Certis and other services

• Certis coin deposit services charge a fee — typically a percentage of the value deposited.
• Other commercial coin-counting machines (e.g., at shopping malls) charge S$3–S$5 per transaction.
• For large quantities, the POSB machine saves you S$3–S$10 per visit compared to paid services.

How to find a coin deposit machine?

Using the DBS/POSB branch locator online

• The DBS locator page (official bank directory) has a filter for “Coin Deposit” — select it to see all 67 machines.
• Results include address, opening hours, and available services.

Using the DBS mobile app

• Open the DBS digibank app, tap “Find us” or the branch locator icon.
• Filter by “Coin Deposit Machine” to see nearby options.
• The app shows estimated distance and directions via maps.

Searching for ‘CDM’ near your location

• Type “CDM” in the locator search bar — it will return coin deposit machines.
• Some machines are in 24/7 self-service areas; others follow branch hours (typically 9 am – 5 pm).
• For the Clementi machine, Moovit (transit app user data) shows it is reachable via Downtown Line, first train at 05:39.

How can I cash in my coins for free?

Step-by-step: using a POSB coin deposit machine

1. Go to a POSB or DBS branch with a Coin Deposit Machine. Use the DBS locator (official bank directory) to find the nearest one.
2. Bring your coins in a bag or container. No special packaging needed.
3. At the machine, select “Deposit Coins” on the screen.
4. Insert your DBS or POSB ATM card (or use contactless card/wallet if supported).
5. Pour your coins into the designated tray. The machine will count them.
6. Confirm the amount on screen. The deposit is credited to your account instantly or by the same day.
7. Collect your receipt (optional).

What to bring and what to expect

• You need a POSB or DBS account — the deposit goes directly into it.
• Coins can be mixed; the machine separates and counts them automatically.
• Accepted denominations: 1¢, 5¢, 10¢, 20¢, 50¢, and $1 coins from both the Floral Series and National Icon Series (POSB Singapore (official bank)).
• Foreign coins are not accepted.

Limits and processing time

• Exact maximum coin count per transaction is not published by POSB — bring a reasonable amount (e.g., up to S$100 in mixed coins).
• Processing: immediate to same-day credit (POSB Singapore (official bank)).
• After-hours deposits (at 24/7 self-service machines) may reflect on the next business day.

Confirmed facts vs what’s unclear

The pattern: what’s confirmed covers pricing and availability — the core decision factors. What’s unclear are operational details that matter less for a first-time user and more for power depositors.

Related reading: Deposit Coins · ATM & Branch Services

For those who also need to withdraw cash, our guide to DBS POSB ATM locations covers the full network across Singapore.

Frequently asked questions

For a Singapore resident carrying a jar of coins, the choice is clear: find the nearest POSB CDM via the locator, pour in the coins, and walk out with the amount credited to your account — all for free. The alternative — Certis or branch counter — costs S$3–S$5 per visit. For anyone with a POSB or DBS account, the CDM is the only sensible option, or you pay for the privilege of someone else counting your coins.