Dear Valued Customers,
We will be revising the Singapore Dollar (SGD) prevailing interest rates for BOC Time Deposit Accounts with effect from 28 December 2020.
| Deposit Amount |
Existing/Revised Rates |
Per Annum (%) |
| 9 months |
12 months |
| Below S$20,000.00 |
Existing Rates |
0.500 |
0.550 |
| Revised Rates |
0.450 |
0.500 |
| S$20,000.00 to S$50,000.00 (exclusive) |
Existing Rates |
0.500 |
0.550 |
| Revised Rates |
0.450 |
0.500 |
| S$50,000.00 to S$100,000.00 (exclusive) |
Existing Rates |
0.500 |
0.550 |
| Revised Rates |
0.450 |
0.500 |
| S$100,000.00 to S$300,000.00 (exclusive) |
Existing Rates |
0.500 |
0.550 |
| Revised Rates |
0.450 |
0.500 |
| S$300,000.00 to S$500,000.00 (exclusive) |
Existing Rates |
0.500 |
0.550 |
| Revised Rates |
0.450 |
0.500 |
| S$500,000.00 and above |
Existing Rates |
0.550 |
0.650 |
| Revised Rates |
0.500 |
0.550 |
Should you require any clarification, please contact our 24-Hour Customer Service Hotline at 1800 66 95566 (Singapore) or +65 677 95566 (overseas).
Bank of China Limited, Singapore Branch
23 December 2020
Deposit Insurance Scheme: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Please visit www.sdic.org.sg for full details.
