Revision to Terms and Conditions Governing the Operations of Deposits Accounts
Dear Valued Customers,
With effect from 1 April 2019, Section E (DEPOSIT INSURANCE SCHEME) of the Terms and Conditions Governing the Operations of Deposits Accounts will be revised to :
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. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
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