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.
INSURED DEPOSIT REGISTER
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 Account(including DBS Expatriate Savings Plus and DBS Savings Plus – AF)
DBS eSavings Plus Account(including DBS Remix eSavings Plus, DBS eSavings Plus – SP, DBS eSavings Plus – EP, DBS Expatriate eSavings Plus and DBS eSavings Plus SPEP)
POSB Passbook Savings Account
POSB Everyday Savings Account
POSBkids Account (including ePOSBkids)
POSB MySavings Account (including eMySavings Account, MSAkids Account - a joint MySavings Account for parents and child and 50-Plus MSA – a joint MySavings Account for grandparents and grandchild)