This is a S$ denominated checking facility that does not pay interest. You will receive a monthly statement of all your transactions.
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Features |
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Overdraft Facility: If your annual income is at least S$30,000, you may use your Time Deposit as collateral to apply for an overdraft facility at a competitive rate. |
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S$20 fall-below fee if the average daily balance falls below S$3,000. |
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Current Accounts
