Fixed Deposit Placement

Important information

• Multi-currency Fixed Deposit(FD) allows you to place both SGD and Foreign currency FD within the same account.
• The minimum placement amount and period are:
  • For SGD Fixed Deposit, the minimum amount is S$1,000, with a choice of tenors from 1 month onwards.
  • For Foreign Currency Fixed Deposit, the minimum amount is S$5,000 equivalent, with a choice of tenors from 1 day onwards.
  • For Premier Income Accounts, the minimum amount is S$10,000, with a choice of tenors from 6 months onwards.
• The placement (including interest) will be automatically renewed under auto-rollover basis, unless you provide us with other instructions.
• Interest rates for new placements and renewals in an SGD Fixed Deposit Account will be computed based on the total SGD Fixed Deposit balances, instead of each placement and/or renewal.
  Example
  • My Fixed Deposit account has 2 placements which sum up to S$100,000 (S$30,000 + S$70,000). What is the applicable interest rate for each renewal?
    The total Fixed Deposit account balance is S$100,000 (S$30,000 + S$70,000). Hence, interest rate corresponding to the $100,000 - $249,999 range will apply.
    
  • I have an existing placement of S$50,000 in my single name Fixed Deposit account and another S$50,000 in a joint Fixed Deposit account. What is the applicable interest rate for each renewal?
    The placements are in different SGD Fixed Deposit accounts. Hence, interest rate corresponding to the $50,000 - $99,999 range will apply for each renewal.
    

How to make a Fixed Deposit placement

More information

• This service may be unavailable from 11.30pm to 3.00am daily, and on the last working day of the month from 8.30pm to 3.00am.