• Revision to Terms and Conditions Governing the Operations of Deposits Accounts

Dear Valued Customers,

With effect from 1 April 2019, Section E (DEPOSIT INSURANCE SCHEME) of the Terms and Conditions Governing the Operations of Deposits Accounts will be revised to: 

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$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.

 

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