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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

Person, Human, Pc

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

Cheque and Save Account Features

Key Charges

Service
Charges
Minimum initial deposit S$5,000

(Personal and Corporate)

Fall-below fee S$7.50 per month if average daily balance for the month falls below S$5,000
Monthly service charge S$2
Unarranged overdraft Prime +5%, minimum S$5
Early account closure fee (within 6 months) S$30 (Personal)

S$50 (Corporate)

Cheque book S$10 for each cheque book requested

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

Terms & conditions

Deposit Insurance Scheme

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.