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01 April – 30 April 2019
Kickstart your digital journey with us with our Online Fixed Deposit promotion, just for you.
Only from 1 – 30 April 2019, enjoy preferential rates when you place Fixed Deposits online. You have a choice of major currencies with flexible tenures.
How does this promotion work?
- Valid for Fixed Deposits funded by Wealth Management Accounts (i.e. S-accounts); not applicable to retail accounts (i.e. Multi-Currency Accounts)
- Currencies offered include USD, SGD, HKD, GBP, CAD, CNH, AUD, NZD, CHF, EUR, JPY
- Investment amount from SGD 5,000 or equivalent
- Choose from minimum tenure of one week to one year
- For pre-mature withdrawal of Fixed Deposits, penalty charges may apply
How do I place fixed deposits online?
Don’t have a Wealth Management Account for trading?
Terms and Conditions Governing Online Fixed Deposit promotion (“Promotion”)
By participating in this Promotion, a customer shall be deemed to have read, understood and accepted these Terms and Conditions.
- The Promotion period shall be from 1 April 2019 to 30 April 2019 (“Promotion Period”).
- The Promotion is open to DBS Treasures Private Client and Private Bank customers (collectively, “Customers”).
- The promotion only applies to Fixed Deposit funded by Wealth Management Accounts, that is S-account, (“Deposit”) and will not be extended to other retail accounts e.g. Multi-Currency Accounts (MCA) with the Bank.
- To qualify for the Promotion, Customers must place the Deposit directly online via DBS iWealth.
- The interest rates are published daily on iWealth. They may vary subject to tenure and market conditions.
- Currencies offered include USD, SGD, HKD, GBP, CAD, CNH, AUD, NZD, CHF, EUR and JPY.
- Investment amount from SGD 5,000 or equivalent.
- Choose from minimum tenure of one week to one year.
- For pre-mature withdrawal of Fixed Deposits, penalty charges may apply. This can only be processed via customer’s Relationship Manager.
- DBS’s decision on all matters relating to the Promotion is final. No correspondence or claims will be entertained. DBS may vary these Terms and Conditions or suspend or terminate the Promotion without any notice or liability to any party.
DEPOSIT 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$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.