Terms and Conditions Governing DBS Treasures Welcome Offer for DBS Treasures Customers (“Promotion”)
To qualify for the Welcome Offer, Customers must fulfill the following criteria during the Promotion Period:
Purchase a minimum of SGD100,000 in Eligible Wealth Product(s). Customers can purchase the wealth product with the Fresh Funds by 31 October 2024 to qualify for the Welcome Offer.
An “Eligible Wealth Product” refers to:
*For the avoidance of doubt, policy owner of any insurance purchase must be the same as the customer who registered for the Fresh Funds offer.
Customers who qualify for the Welcome Offer are entitled to receive the below cash gift, which will be credited to their DBS/POSB CASA by 31 December 2024.
To qualify for the USD Sweetener Offer, Customers must fulfil the following criteria during the Promotion Period (1 July 2024 to 30 September 2024):
Customers who meet the requirements to qualify for the USD Sweetener Offer are entitled to receive the below cash gift, which will be credited to their DBS/POSB CASA by 31 December 2024.
Deposits Insurance SchemeSingapore 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 SGD100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
The life insurance policy is protected under the Policy Owners’ Protection Scheme which is administered by the SDIC. Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact the respective insurer or visit the Life Insurance Association or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
Before committing to an investment, please seek advice from a financial or other professional adviser regarding the suitability of the product and read the relevant product offer documents, including the risk disclosures, which can be obtained from DBS Bank Ltd. If you do not wish to seek financial advice, please consider carefully whether the product is suitable for you. Foreign currency transactions are subject to exchange rate fluctuations, which may result in capital gains or losses; such accounts may also be subject to exchange controls imposed on the currency held.
