SINGAPORE – Singaporeans are losing an average of US$625 (S$773) every year because of forgotten cash, the Payment Attitudes Study conducted by Visa has found.
This is the highest amount for all 11 countries surveyed. Overall, people lose an average of US$365 or the equivalent of the cost of 6.5 grams of gold every year.
Forgotten cash is money left in the house or car, or excess foreign currency after travelling overseas.
On the contrary, Indonesians, South Koreans and the Taiwanese were found to be the best at using up their foriegn currency, leaving an average of only US$1 in unused foreign currency.
More information is included in the press release on the next page.
Singaporeans top losers of cash in region
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