It's about the POSB national day celebration, where they will give you an extra 1.5% per annum for 3 months if you register after you've deposited in a sum (up to 10k max) in your savings account and not touch it till 30th November 2014. Do remember to register here after you've put in your money.

The dateline for this exercise is till 31st Aug 2014, which is this coming Monday. As long as the funds are new, as in it's transferred from outside of POSB/DBS, through cheques, cashier's order, demand drafts, cash, FAST or MEPS receipt, it'll be okay. I'm not too sure what they mean by not touching your registered new funds. Let's say I've 5k inside, I put in 10k, but spend 3k, does it ...