Introduction
Wide range of currencies with fixed deposit tenure earning you higher interest rates than non-interest bearing Current account.
Product Features
Available in 10 currencies: SGD, RMB, USD, EUR, GBP, NZD, AUD, JPY, CAD and HKD.
Wide choice of tenors for SGD Time Deposit and Foreign currency Time Deposits.
Interest may be charged for negative interest currency like EUR and JPY.
Initial deposit of S$5,000 is required for SGD Time Deposit.
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 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.
