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atm⁵ is an interbank network in Singapore, connecting the ATMs of seven of Singapore's eight qualifying full banks, QFB. As of 2016[update], there are 230+ 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.
While some banks like Citibank have lots of ATMs, only some of them are part of the Atm⁵ group. As such, banks usually recommend customers to make sure that the Atm⁵ logo is present on the member's atm before they carry out their transaction.
atm⁵ is the primary network of the following banks listed below:
|Bank||ATM||Number of participating ATMs||Minimum Withdrawal per transaction|
|Citibank Singapore||Citibank ATM||25||$100 |
|Maybank||Maybank ATM||25||$10 |
|ANZ||ANZ ATM||24||$10 |
|HSBC||HSBC ATM||23||$10 |
|State Bank of India||SBI ATM||25||$10 |
|Standard Chartered Bank||Standard Chartered ATM||20||$10 |
|Bank of China||BOC ATM||20||$10 |
- SBI. "SBI Singapore | Personal Banking, Corporate Banking, NRI Services". www.sbising.com. Retrieved 2016-08-07.