'Singapore dollar deposits of non-bank depositors 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.'
Savings account in SGD/USD/GBP can be opened for individuals, either singly or jointly,(above 21 years). Foreign curreny accounts are subject to bank's approval.Minimum initial deposit/Charges
The following minimum deposit[subject to review] is to be maintained during the currency of the account. Fall-below fee of S$10/- shall be levied for balances below the minimum amount.SGD500/USD500 /GBP500.
A fee of S$50/- shall be levied on savings account which is closed within six months of operation.Required Documents
(The following documents submitted at the time of opening the account, are indicative/non-
exhaustive, and approval is subject to the Bank's discretion/satisfaction)