Fixed Deposit Premature Withdrawal
Learn how to make a premature withdrawal from your Multi-currency Fixed Deposit Account via digibank Online.
Important information
- For premature withdrawals, interest pay-out is not guaranteed. You may earn less or no interest than originally contracted. An early withdrawal fee may also be imposed.
- We encourage you to place a shorter tenor fixed deposit if you foresee the use of the fixed deposit funds to avoid any early withdrawal fee or reduction/loss of interest earned.
- For SGD Fixed Deposit, you will be able to check the interest received upon premature withdrawal will be shown during your withdrawal request via digibank.
- Withdrawal of SGD and/or Foreign Currency Fixed Deposit placement is not allowed on the day of maturity or 1 day before maturity date.
How to withdraw a SGD Fixed Deposit
digibank Online
How to withdraw a Foreign Currency Fixed Deposit
- Premature withdrawal is not allowed via digibank. For withdrawal of your placements, please visit any DBS/POSB Branch during the branch operating hours.
- Withdrawal of Foreign Currency Fixed Deposit is not allowed on the day of maturity (except for GBP and USD placements) and instructions need to be provided at least 2 calendar days before maturity date.
More information
- This service may be unavailable from 11.00pm to 5.00am daily, and on the last working day of the month from 8.00pm to 5.00am.
- SRS SGD Fixed Deposit and SGD Structured Deposit accounts are not eligible for withdrawal via this service.
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