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Our Singapore Dollar Cheque & Save account not only offers you the convenience of cashless payments, it also delivers daily interest earnings Apply Now
Cheque and Save account
Cheque and Save account

Our Singapore Dollar Cheque & Save account not only offers you the convenience of cashless payments, it also delivers daily interest earnings

  • Apply Now

    How would you like to apply?

    Complete a short form for us to contact you

    Apply via Online Banking for instant account opening!*

    *To open a new account via Online Banking, you would need to have an existing savings or cheque account under your own personal name. The new account will be opened under your individual name.

Cheque and Save Account Features

Key Charges

Service
Charges
Minimum initial deposit $5,000
Minimum average daily balance $5,000
Fall-below fee $7.50
Monthly service charge $2
Unarranged overdraft Prime + 5%, minimum $5
Early account closure fee (within 6 months) $30 (Personal)
$50 (Corporate)
Cheque book charges 1st cheque book: Free
Subsequent cheque book(s): $15 each

Eligibility & Documents

Eligibility

  • Nationality: Singapore citizen / Singapore permanent resident / foreigner
  • Age requirement: Minimum 18 years old

Documents Required

  • Mandatory supporting documents For Singapore citizens and permanent Residents:
    • NRIC (front and back)
  • Mandatory supporting documents for foreigners:
    • Passport
    • Employment Pass
    • Any of the following documents:
      • Utility bill within the last 3 months
      • Bank statement within the last 3 months
      • Letter from the human resource department of current employer stating address
      • Government-issued documents stating address (e.g. IRAS, CPF, ICA)
      • Telecommunications bill within the last 3 months
      • Tenancy agreement

FAQs

Terms & conditions

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.