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Deposit Lockers
Savings Bank Account
| SL.NO. | CURRENCY | MINIMUM BALANCE |
|---|---|---|
| 1 | SINGAPORE DOLLAR (SGD) | 200 |
Savings Bank Interest Rate is 0.1%
Current Account
| SL.NO. | CURRENCY | MINIMUM BALANCE | |
|---|---|---|---|
| Individual | Firms & Companies | ||
| 1 | SINGAPORE DOLLAR (SGD) | 2,000 (Individual) / 5,000 (Firms & Companies) | |
| 2 | UNITED STATES DOLLAR (USD) | 1,000 | |
| 3 | ALL OTHER MAJOR CURRENCIES | 1,000 | |
SGD Prime Lending Rate: 6.00%
USD Prime Lending Rate: 7.5%
Fixed Deposits
| SL.NO. | CURRENCY | MINIMUM BALANCE |
|---|---|---|
| 1 | SINGAPORE DOLLAR (SGD) | 1,000 |
| 2 | UNITED STATES DOLLAR (USD) | 1,000 |
| 3 | ALL OTHER MAJOR CURRENCIES | 2,000 |
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.