Revision of USD$aver Account Interest Rates with effect from 1 December 2022
With effect from 1 December 2022 (inclusive), please note that the prevailing interest rates for the USD$aver account, as well as the USD$aver balance tiers for the purposes of calculating interest, will be revised as follows:
USD$aver
| BALANCE | PREVAILING INTEREST RATE (P.A.) | NEW BALANCE EFFECTIVE 1 DECEMBER 2022 (INCLUSIVE)
| NEW PREVAILING INTEREST RATE (P.A.) EFFECTIVE 1 DECEMBER 2022 (INCLUSIVE)
|
| First USD50,000 | 0.01% | First USD50,000 | 0.05% |
| Next USD150,000 | 0.03% | Next USD150,000 | 2.00% |
| Next USD1,300,000 | 0.10% | Next USD1,300,000 | 3.50% |
| Any balance above USD1,500,000 | 0.20% | Next USD1,500,000 | 5.00% |
| | | Any balance above USD3,000,000 | 0.05% |
