The Standard Chartered branch at Holland Village was closed on Thursday (Jul 7) after a suspected robbery.
When Channel NewsAsia arrived at the scene at around 2pm, the area was cordoned off and police officers were seen inside the bank.
Police officers were also seen searching for a suspect, said to be a Caucasian male wearing a cap, according to a caller to the Mediacorp hotline.
Eyewitnesses told Channel NewsAsia that as many as 15 police cars were outside the bank after the incident.
In response to media queries, a police spokesman confirmed that a report has been lodged and investigations are ongoing.