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$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 Retirement 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 Account (including DBS Savings Plus - AF)
  • DBS Remix eSavings Plus
  • 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)
  • eMySavings Account +
  • eMSA - Home
  • eMySavings Account Rewards (eMSA Rewards)
  • eMySavings Account 2014 (eMSA 2014)
  • POSB Save-As-You-Earn Account
  • POSB SAYE Account
  • POSB Savings - AF Account
  • POSB eSavings Account
  • POSB Payroll Account. (including POSB Payroll Companion Account)
  • POSB Work Permit Account (including POSB WP Companion Account)
  • POSB FDW Savings Account
  • DBS Current Account
  • DBS Corporate Current Account (including DBS Educator's Account, DBS Business Account, DBS Entrepreneur's Account, DBS Digital Account, DBS Social Enterprise Package Account, Conveyancing Account, Escrow Services, DBS Current Account (EBM), MC/RH SGD Op Account, Current Acct (Waive Deposit Fee), MC/RH SGD Client Account, DBS Current Account (Annual Fee), ML SGD Op Account, Premium Corporate Account, Enterprise Savers)
  • DBS Autosave Account
  • DBS Expatriate Autosave Account
  • DBS eAutosave Account(including DBS eAutosave, DBS eAutosave Plus and DBS Expatriate eAutosave Plus)
  • DBS Autosave Advantage Account
  • DBS Corporate Autosave
  • DBS Multi-Currency Autosave Account(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 Account (including POSB eCurrent)
  • S$ Fixed Deposit (including cash, CPF and SRS)
  • Corporate S$ Fixed Deposit
  • 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)
  • POSB Child Development Account
  • Leveraged Deposit
  • POSB Fresh Funds Account
  • DBS Savings - SPEP Account
  • DBS Savings Account
  • DBS Expatriate Savings Account
  • POSB Savings - SPEP Account
  • POSB SGD Fresh Funds Account
  • POSB Higher Interest Account
  • POSB eEveryday Savings Account

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