Update To Terms And Conditions Governing Operations Of Deposits Accounts
Dear Valued Customers,
With effect from 1 May 2020, we will be removing the Minimum Profit Rate requirement for our Islamic Current and Savings Accounts.
The revised Terms and Conditions Governing the Operations of Deposits Accounts can be found here.
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.
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