Deposits 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. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Minimum Sum Scheme are aggregated and separately insured up to S$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.


The following are deposit accounts which are eligible for deposit insurance coverage under the Deposit Insurance and Policy Owners' Protection Schemes Act 2011. Any Singapore dollar deposit in this list held by an individual or a non-bank corporation will be insured up to the limits specified in the Act.

  • DBS Savings Plus (including DBS Savings Plus, DBS Expatriate Savings Plus, DBS Savings Plus - AF)
  • DBS eSavings Plus (including DBS eSavings Plus, DBS Remix eSavings Plus, DBS eSavings Plus - SP, DBS eSavings Plus – EP, DBS eSavings Plus – SPEP and DBS Expatriate eSavings Plus)
  • POSB Passbook Savings Account
  • POSB Everyday Savings Account
  • POSBkids/ePOSBkids Account
  • POSB MySavings Account (including POSB MySavings Account, MSAkids Account - a joint MySavings Account for parents and child and 50-Plus MSA - a joint MySavings Account for grandparents and grandchild)
  • eMySavings Account
  • eMySavings Account+
  • eMSA – Home
  • eMSA Rewards
  • eMSA 2014
  • POSB Save-As-You-Earn Account
  • POSB Savings - AF
  • POSB eSavings (including POSB eSavings, POSB eSavings – SPEP, POSB eSavings - SP and POSB eSavings - EP)
  • POSB Payroll Account
  • POSB Work Permit Account
  • POSB FDW Savings Account
  • DBS Current Account
  • DBS Corporate Current Account
  • DBS Autosave
  • DBS Expatriate Autosave
  • DBS eAutosave (including DBS eAutosave, DBS eAutosave Plus, DBS Expatriate eAutosave and DBS Expatriate eAutosave Plus)
  • DBS Autosave Advantage Account
  • DBS Corporate Autosave
  • DBS Multi-Currency Autosave (including DBS Multi-Currency Autosave, DBS eMulti-Currency Autosave, DBS eMulti-Currency Autosave Plus, DBS Multi-Currency Autosave Plus, DBS Expatriate eMulti-Currency Autosave, DBS Expatriate eMulti-Currency Autosave Plus)
  • DBS Multiplier Account
  • POSB Current/eCurrent Account
  • S$ Fixed Deposit (including cash, CPF and SRS)
  • Corporate S$ Fixed Depositf
  • DBS Premier Income Account (Special S$FD for customers of at least 55 years old)
  • S$ Fixed Deposit (CPF Minimum Sum)
  • CPF Investment Account
  • Supplementary Retirement Scheme Account
  • Multi-Currency Settlement Account
  • Time Deposit (for Private Bank and Treasures Private Clients)

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