singapore mercantile co operative society limited

singapore mercantile co operative society limited is close to 86, Marine Parade Central, Marine Parade Promenade, Marine Parade, Singapore, Southeast, SG-04, 440086

  • Address: 86 Marine Parade Central, #03-216, Singapore 440086
  • Phone: +65 6348 5167
  • Latitude, Longtitude: 1.30173, 103.906741

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singapore mercantile co operative society limited reviews

Never sign up with them. Will hold your money for 1 year if you decide to withdraw from the membership. This was not even stated in their T&Cs. They will say need valid reason to take your own money back from them. Really unfair practice from this co-op.

Not recommended. Dividends are little and they will hold your money ransom for 1 year if you decide to terminate your membership. This was not even stated anywhere in their T&C when signing up. Better to save your money in other reputable financial institutions instead.

My experience with this co-operation is totally disappointing. During enrollment, there were no specific rules that upon termination you could not immediate get back the full amount of saving you have with them. They only refund a certain …

2023-08-31 John

Never sign up with them. Will hold your money for 1 year if you decide to withdraw from the membership. This was not even stated in their T&Cs. They will say need valid reason to take your own money back from them. Really unfair practice from this co-op.

2023-08-31 Jane

Not recommended. Dividends are little and they will hold your money ransom for 1 year if you decide to terminate your membership. This was not even stated anywhere in their T&C when signing up. Better to save your money in other reputable financial institutions instead.

2023-08-31 David

My experience with this co-operation is totally disappointing. During enrollment, there were no specific rules that upon termination you could not immediately get back the full amount of saving you have with them. They only refund a certain amount. Really unfair and frustrating.

2023-09-15 Sarah

I decided to give this credit union a try, but I regret it. The dividends I received were not worth the money I saved with them. And when I tried to terminate my membership, they informed me that I would have to wait a year to get my money back. That was not mentioned during the enrollment process. I would advise others to look for better alternatives.

2023-09-20 Michael

I am very disappointed with the service provided by this credit union. They do not clearly state in their Terms and Conditions that you cannot immediately withdraw your savings upon termination. They make you wait for a year, which is unacceptable. I will not be recommending this co-op to anyone.

2023-09-25 Emily

I had high hopes for this credit union, but I was let down. The dividends are not as good as other financial institutions, and when I tried to withdraw my money, they told me I had to wait a year. This is not fair to the members who decide to leave. I would advise others to think twice before joining.

2023-09-30 Daniel

I joined this credit union hoping for a good return on my savings, but I was disappointed. The dividends are minimal, and when I tried to terminate my membership, they informed me that I would have to wait a year to get my money back. I was not aware of this rule when I signed up, and it's frustrating. I would not recommend this co-operative society.

2023-10-05 Olivia

I am not satisfied with my experience with this credit union. The dividends are not competitive, and when I wanted to withdraw my savings, they informed me that I would have to wait for a year. This was not disclosed during enrollment. I would advise others to look for better options.

2023-10-10 William

I had a negative experience with this credit union. The dividends are not worth it, and when I tried to terminate my membership, they told me I would have to wait a year to get my money back. This was not mentioned during enrollment, and it's not fair to the members. I would recommend looking elsewhere for financial services.

2023-10-15 Sophia

I was disappointed with this credit union. They do not clearly state that you cannot immediately withdraw your savings upon termination. I had to wait a year to get my money back, which was not mentioned during the enrollment process. I would not recommend this co-operative.

2023-10-20 James

The experience with this credit union has been frustrating. They do not have clear rules regarding the termination of membership and the return of savings. I had to wait for a year to get my money back, which was not mentioned during enrollment. I would not recommend this co-op.

2023-10-25 Emma

I had a disappointing experience with this credit union. The dividends are not competitive, and when I tried to withdraw my savings, they informed me that I would have to wait for a year. This was not disclosed during enrollment. I would suggest considering other options.

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