1 A minimum balance of S$3,000 will have to be continuously maintained at the end of each day until the last day of the calendar month before the profit for the entire month will be accrued and credited to your USD Corporate Current Account-i on the last day of the same month. If the USD Corporate Current Account-i is opened on a date after the first of the calendar month, the profit will be calculated and accrued based on the remaining number of days in that month in which a minimum balance of S$3,000 is continuously maintained in the USD Corporate Current Account-i and the prorated profit will then be credited to the account on the last day of the same month.
² Profit rates are set at CIMB Bank's discretion and are subject to change without prior notice.
³ Bonus of 0.1% p.a. profit rate to be given for operating accounts (defined as having > 3 txns (TT,MEPS, GIRO) or Payroll in the month).
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. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Policy Owners' Protection Scheme
This Insurance is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for the Insurance is automatic and no further action is required from the Customers. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please visit sompo.com.sg/FAQ, or the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).
